The Black horse is a 1950's build estate pub about 1 mile from the centre of Thornbury a thriving and well populated market town just north of Bristol , and across the River Severn from Chepstow.The pub is in excellent condition benefitting from the care of the current publicans who have built a great community site.The pub is a fantastic opportunity for someone looking to develop community trade, introduce a food offer and live and work just outside a lovely market town.
The pub is in great order, having benefitted from a recent refurbishment to the front bar, laid out for eating and drinking. The bar and pool area to the rear of the pub has more standing room and focuses on enjoying a pint with friends, pub games and leads on to the skittles alley and function room. The front bar, which is the quieter lounge area can accommodate around 30 covers across comfortable fixed and loose seating. The rear bar can seat approximately 40 covers and has space for two pool tables, whilst the function room can also seat 40 customers and is ideal for small gatherings and events. Entertainment is a significant part of what the Black Horse has to offer, with singers, groups, and open mic. nights regularly on the bill.
The pub has benefitted from external decoration in recent years, which included new signage and an updated patio beer garden. At the front of the pub is a patio area, which is partially covered, with barrel style tables and chairs to seat 20 customers. There are a further two large picnic style benches to either side with space for more if required. At the back of the car park is a small lawn beer garden with four picnic style benches. The car park is of a good size, with spaces either side of the pub to accommodate around 20 vehicles.
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The first floor comprises a 3 bed flat with kitchen, lounge and office. It is well-decorated and modern in design.
Forecast Turnover: £554,105.27
Year 1 Rent: £30,000.00
Guide Rent: £41,500.00
Initial Deposit: £0.00
Full Deposit: £10,375.00
Full Tie Release: £81,500.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £12,000.00
Working Capital: £21,200.00
Stock & Glassware: £3,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £530,219.10
Forecast Dry Turnover: £23,886.17
Forecast Other Turnover: £0.00
The pub is just outside the town centre of Thornbury and surrounded by a large housing estate which forms the backbone of the pub’s trade. It sits on one of the main roads of the town and opposite a fuel station and convenience shop. Thornbury is a market town in south Gloucestershire and is approximately 12 miles north of Bristol. It has excellent road links with the A38 less than a mile from the pub and the M5, M4 and M48 all under 10 miles away.
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Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
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