Run a Star Pub - Horse Shoe Croft - Warrington

Pub Overview

A refurbishment investment of approximately £285,000 is planned to transform Horseshoe Croft into a premium local at the heart of the village. What would you do with this pub to make it a success?

Positioned in the centre of Croft, a beautiful and quiet village in north Cheshire, the pub has long been part of the community but is currently tired and underperforming. The refurbishment will completely reposition it, creating a stylish yet welcoming space that reflects modern expectations while staying true to its village roots.

About the area

The pub sits right in the centre of the village, placing it at the epicentre of community life. With 1,154 adults living within walking distance, there is a strong local catchment ready to be re-engaged. The area has a premium village feel and benefits from visitors travelling in from surrounding parts of Cheshire and north of Warrington.

There is only one direct competitor in the area, presenting a clear opportunity to establish this pub as the go-to destination locally. Currently, trade is predominantly wet-led, with a 64 percent wet to 36 percent dry split. The customer base is loyal but more mature, with limited younger custom and a reliance on weekend trade. The refurbishment will broaden the appeal, attracting families, casual diners and younger professionals looking for after-work socialising, while retaining existing regulars.

Demographics

The scheme is designed to attract a broader and more diverse customer base. Post refurbishment, the pub will appeal to:

• Local villagers seeking a premium but relaxed place to drink and dine
• Families and casual diners looking for quality food in a welcoming setting
• Younger professionals for after-work drinks and social occasions
• Visitors from further afield drawn by a revitalised village destination

The offer

Horse Shoe Croft is available on our investment tenancy agreement. Click here for more information on this agreement.

The finished offer will combine a quality food menu, a strong drink selection including cask ale, and a coffee offer to drive daytime trade. With a new games and sports zone and improved dining spaces, it will cater for everything from relaxed lunches to lively evenings.

Who we\’re looking for

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the Horseshoe will have extensive experience in premium food-led hospitality businesses. They will have a clear vision for a balanced food and drink menu, strong community-focused events, and a marketing strategy that re-establishes the pub as the social hub of the village, and can create a memorable experience for their customers.

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

Features

• Investment Tenancy
• Refurbishment Planned
• Catering Kitchen
• Outdoor Trade
• Pub Games
• Car Park
• Private Accommodation

Trading Area & Facilities

The refurbishment will cover both the interior and exterior of the pub.

The pub\’s trading area and facilities post refurbishment will be:

• Main trading area with bar
• Separate dining room
• Snug area
• Separate games and sports zone
• Catering kitchen
• Function room
• HEINEKEN SmartDispense
• Two-bedroom private accommodation
• Pub garden
• 57-space car park
• 66 internal covers
• 68 external covers

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs, an \”Investment Exemption\” will be required. The exemption means that the option of a Market Rent Option lease won\’t be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

Private accommodation consists of two bedrooms, a living room, bathroom.

Pub Financials

Pub Financials Icon
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.

Indicative entry costs

£57,219

Annual

Estimated Annual Turnover

£789,657

Annual Rent

£49,978

Entry Costs

Deposit

£12,494

Estimated Fixtures & Fittings Value

£32,225

Stock Valuation

£9,000

Working Capital Required

£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