The Three Horseshoes is a stunning property located in the heart of Flackwell Heath. The pub is incredibly well-maintained and tastefully decorated throughout with clean lines and colours creating a spacious and light atmosphere. There is a mixture of fixed and loose seating with a total of 60 covers, 20 of which make up the bar area providing plenty of space for customers to drink and dine. A good-sized kitchen and adjoining storage room located on the ground floor are suitable for a traditional pub-style menu. The kitchen is appropriate to be able to deliver a traditional pub-style menu, however, the new publican may wish to renew some of the equipment where necessary. To the front of the property, there is a small patio area with benches providing seating for approximately 25 covers and a retractable awning which provides the pub’s smoking solution.
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The private accommodation consists of two bedrooms and a lounge, perfect for a couple.
Forecast Turnover: £322,847.04
Year 1 Rent: £17,500.00
Guide Rent: £22,000.00
Initial Deposit: £0.00
Full Deposit: £5,500.00
Full Tie Release: £33,000.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £15,610.00
Working Capital: £20,310.00
Stock & Glassware: £3,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £272,805.45
Forecast Dry Turnover: £50,041.60
Forecast Other Turnover: £0.00
This is a great opportunity for a suitable applicant to build on current the trade and create a beautiful local village pub attracting and retaining a loyal customer base. There are still further development prospects at the Three Horseshoes by building on the food and drinks offered with themed evenings, team sports and cask ales. This pub is ideal for a couple who want to submerge themselves in the local community and become a key business in the area.
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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
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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