The Horns Watford is a two-storey detached property on the edge of Watford Town Centre. The pub has a small car park to the side and a patio area to the front comprising of ten bench tables. This is currently being operated as a live music venue with an open plan bar area and a stage for bands, accompanied by a good quality sound system. The bar can accommodate 50 covers seating and 200 standing. The Horns already has a strong following which can be developed by offering a unique food menu. The site is well situated within a city style vibe and is a great opportunity for the next publican.
Good condition two-bedroom private accommodation, lounge, kitchen and bathroom
Forecast Turnover: £785,486.10
Year 1 Rent: £31,000.00
Guide Rent: £45,000.00
Initial Deposit: £0.00
Full Deposit: £11,250.00
Full Tie Release: £77,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £35,000.00
Working Capital: £43,500.00
Stock & Glassware: £4,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £587,083.84
Forecast Dry Turnover: £136,029.32
Forecast Other Turnover: £62,372.94
The Horns has huge potential to be successful as a late-night music venue whilst delivering a unique food offering to enhance the current wet led trade. The new publican needs to have knowledge of the area and be multifaceted to succeed and take the pub to the next level.
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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
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MISREPRESENTATION ACT 1967
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