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The Chestnut Horse is situated in Great Finborough, an attractive village just outside Stowmarket in rural mid-Suffolk. The village spreads about a mile along the B1115 towards Bildeston and Hadleigh to the south. Unlike many other rural communities, it still has those staples of village life - a primary school, village hall and a parish church. Across the road is the renowned Finborough independent day and boarding school which provides a significant potential audience of both teachers and visiting parents.
Pub Layout
Internally, the Chestnut Horse boasts an open plan trading area that is primarily used for dining, and a recently built rear dining room that has a separate space for 24 diners. The pub has also retained a lounge bar area which has a cracking feature open fireplace. There is also a decent, well equipped trade kitchen with utility area, ground floor cellar and storage.
Externally there is a car park and floodlit pétanque pitch. To the front is a large terrace area which provides a further 30 seats alongside a small garden with children's play equipment. There is also a garage which is currently used as a log store as well as two sheds which are also used for storage.
This consists of three double bedrooms, a lounge, office, bathroom and separate toilet. There is also a large attic storage area.
Annual Rent: £22,500
Security Deposit: £3,000 – building to £5,000 during tenure
Working Capital: £3,250
Stock: £3,250
F&F: £TBC – Funding options may be available for the right licensee
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
*Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
The successful new licensee will need to become part of the local community quickly as well as looking to develop the drive to trade at the pub. Although local knowledge would be advantageous, it is not essential; however, what is essential is high service standards alongside the drive and vision to make the very best of this beautiful site. A good food background would enable a new licensee to have a strong and beneficial start to the business, thus giving them the scope to push the business to where it can be.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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