Are you looking for leasehold available in Surrey ? We have an excellent opportunity come to market in the Farnham area at The Alfred Free House
The Alfred Free House is a substantial detached property with two bedroom owners accommodation, briefley comprising c.65 internal covers, 25 external covers and parking for c.10 cars.
The business has been under the same family ownership since 2008, during which time they developed a strong following for their range of high quality beers, sourced from local independent breweries and have recently been named pub of the year by the Surrey and Hants Borders branch of the Campaign for Real Ale (CAMRA).
They also have an extensive food offering with their popular burger Wednesdays, full A la carte menu Thursday through to Saturday and Sunday roasts.
The pub holds a range of events to include twice yearly beer festivals on Easter weekend and the last weekend of October, open mic and music nights, charity quizzes, morris dancing and live music.
Website: www.thealfredfreehouse.co.uk Virtual Tour – https://bit.ly/3KIgWWI
Leasehold Pubs Available In Surrey – The Alfred Free House Farnham
Commercials
Leasehold: £95,000, Annual Rent: £40,000
New Free of Tie Lease with private landlord Main bar (c.35), Restaurant (c.30)
Two bedroom owners accommodation Parking (c.10 cars), outside marquee (c.25) Gross weekly sales – £8,000
GIA: 284.58 Sqm, EPC x
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Leasehold Pubs Available In Surrey – The Alfred Free House Farnham
Location
The Alfred Free House is located in the popular residential area of Upper Hale, just 1.6 miles from Farnham train station and a 25 minute walk from Farnham town centre, offering an array of shops and restaurants. There are several open green spaces, several amenities and both good and outstanding schools near the property.
Farnham is a popular market town in Surrey, England, within the Borough of Waverley. The town is 36 miles (58 km) south-west of London, adjacent to the border with Hampshire. By road, Guildford is 11 miles to the east and Winchester a further 28 miles South West.
Internal Details
Main bar c.35 covers with central bar servery and beautiful open replace, restaurant c.30 covers with coffee station and ladies & gentleman’s WC’s. An office which could be incorporated into the main dining area to expand covers or used as a third bedroom, commercial kitchen with extraction, pot wash area and fridge/freezer storage area.
Lower ground floor cellar with main street cellar drop.
Leasehold Pubs Available In Surrey – The Alfred Free House Farnham
Owner’s Accommodation
The owners accommodation is arranged over the ground and first floor comprising a living room with air conditioning leading to a private decking area, two large double bedrooms one with a walk in wardrobe, family bathroom and kitchen.
External Details
To the left hand side of the property is a tarmac car park for c.10 cars and marquee for c.20 cover with provided outside dining and drinking. Outside courtyard area for c.10 covers accessed though the main bar or to the right hand side of the property.
Fixtures & Fittings
We are advised fixtures and fittings are included within the purchase price, with the exception of some personal effects. An inventory will be provided to prospective purchasers upon acceptance of an offer.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Staff
The business is run by a ‘husband & wife’ team, their two sons, a new assistant manager and a pool of 6-8 part time staff members.
Trading Information
The business is run as a partnership, with the freehold owned in a separate limited company. Trading figures are available on request.
The business currently runs on a trade split of 60% wet and 40% food.
Trading Hours
Monday: Closed
Tuesday: 17:00 – 21:00
Wednesday & Thursday: 17:00 – 23:00 Friday & Saturday: 17:00 – 23:00 Sunday: Midday – 21:00
Leasehold Pubs Available In Surrey – The Alfred Free House Farnham
Business Rates
The rates payable are £5,500 as of April 2017. The National Multiplier for England and Wales for 2020 to 2021 is 51.2p.
Regulatory
Premises Licence
Tenure
Available by way of a new new free-of-tie lease on a fully repairing and insuring basis, with an annual passing rent of £40,000 (plus VAT) for a term of 10/15 years, subject to five-yearly rent reviews. A minimum of a three-month rental deposit will be required, with rent paid quarterly in advance. Prospective tenants will be required to provide personal guarantees, a CV, a business plan, and proof of funding.
Please note that all offers are to be submitted in writing (by email or post ) to Christie & Co to include the following:
1. Proposed timescales for exchange and completion following receipt of the draft contract.
2. Written proof that sufficient funds are immediately available. Should borrowing be required, please provide a copy of the loan agreement and confirmation that the balance is available. Please note that VAT is payable on the sale price and rent.
3. Any conditions attached to your offer. Please note that our client’s preference is for an unconditional sale (except for being subject to contract).
4. The contact details of the solicitor who will be acting on your behalf.
Services
We are advised that all mains services are connected.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
