The Black Horse is a large, double fronted, traditional terraced style pub, situated in the secondary high street of Chelmsford, known as Moulsham Street and has the capacity for around 40 people. Surrounded by shops, bars and residential properties, the Black Horse really is at the centre of this bustling community. Chelmsford is a busy and thriving city in the county of Essex and has fantastic commuting links straight into London and is also only 20 minutes from the coast. With a population of around 180,000 in the wider area, Chelmsford started off as an agriculture and market town, but over the years has grown into a cosmopolitan centre for industry and commerce. With three shopping centres, six retails parks, two high streets and a sizeable business park, Chelmsford really is a fantastic location to be in and being part of the vibrant nightlife scene with it's many bars, pubs and restaurants, it will be the perfect spot for someone looking to run this great little pub.
Pub Layout
The main access for the Black Horse is via the front door which comes straight off from the high street in to the centre of the pub. You immediately arrive into the main trading space of the pub which is traditionally decorated and provides comfortable low and high level seating both to the left and to the right with a cosy open fireplace and large bright windows. The bar servery is along the right hand side of the pub and frames a short corridor space through to the pool/darts area and also access to both toilets, the kitchen and door to the enclosed garden. The outside area is kept in great condition and is a mixture of artificial grass area, decking and patio space with plenty of benches and external cooking zone with additional outside bar.
The private accommodation consists of 2 bedrooms, kitchen, living room, and bathroom.
Annual Rent: £25,000
Security Deposit: £5,000
Working Capital: £5,000
Stock: £8,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: 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.
The Black Horse already boasts a great customer base, however, it could use a refreshed outlook on sales to widen this trading audience with a different drinks offer and potentially a strengthened food offer. The opportunity to maximise the live music reputation is unlimited and the venue lends itself well to hosting and promoting such events.. The outside area is a positive facility as there are not many in the area with the same and this needs to be a focus point, being promoted and utilised to it’s maximum potential.
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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