The Greyhound Hotel is an impressive traditional pub that lies in the heart of the busy market town of Wadhurst. Currently operating from one bar with a separate restaurant area, an extensive garden, patio with benched seating, function room and five en-suite letting rooms make this a fantastic opportunity for an experienced operator. The bar area has a traditional feel with cosy open fire place, providing room for 40 covers. On the first floor is the large function room which can be utilised for private dining or events. The five en-suite letting rooms are located in the adjacent building and a great way to drive additional revenue. There is a good-sized catering kitchen equipped for a variety of menu needs, something the new publican will need to develop. The private accommodation offers a good space for family living with three bedrooms, a lounge and kitchen. Externally, there is a large, grassed area, an adequately sized decking area and a large brick-built BBQ all of which can be accessed via the bar. To the front of the pub there is a paved and gravelled area for a further 40 covers. A free council owned car park lies next door to the pub which guests can use.
Agreement Fee: £750.00
Cash Float: £1,000.00
Fixtures & Fittings: £15,000.00
Forecast Turnover: £536,827.92
Full Deposit: £12,000.00
Full Tie Release: £49,750.00
Guide Rent: £48,000.00
Initial Deposit: £0.00
Repair Fund: £1,500.00
Stock & Glassware: £5,000.00
Working Capital: £26,000.00
Year 1 Rent: £33,000.00
Forecast Dry Turnover: £109,472.01
Forecast Other Turnover: £89,275.96
Forecast Wet Turnover: £338,079.95
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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