Run a Star Pub - Black Horse East Hanney - Wantage

Pub Overview

The Black Horse is in the semi-rural village of East Hanney, the Black Horse is already a well-established community local. Benefitting from the both an affluent demographic and little competition, the pub is in a prime position to attract the locals and families nearby.

The Black Horse is currently known for its community events, including the acclaimed “Hanney Fest”, hosting a stream of local live music. This along with a basic food offering and a great range of drinks and craft ale will ensure the pub remains at the heart of the village.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub lies in developing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?

Who we\’re looking for…

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

• Understanding of the local community
• Understanding of how to build a successful business
• Ability to engage with customers from behind the bar
• Able to run Darts and pub teams

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter…

Features

• Catering Kitchen
• Cask Ale
• Foundation Tenancy
• Outdoor Trade
• Pub Games
• Childrens Play Area
• Car Park

Trading Area & Facilities

Trading areas and facilities:

• Catering Kitchen
• Large Beer Garden
• Children\’s play area
• 24 internal covers
• 50 external covers
• Car Park with 10 spaces
• 70/30 split wet/food

Private Accommodation

Private accommodation consists of two bedrooms, kitchen, lounge and a bathroom.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£25,928

Estimated Minimum Ingoing Costs

£10,071

Annual Rent

£18,851

Estimated Annual Turnover

£280,458

Deposit

£4,713

Estimated Fixtures & Fittings Value

£12,715

Estimated Stock Valuation

£5,000

Estimated Working Capital

£3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month\’s rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month\’s rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month\’s rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow