The Black Horse, Chorleywood
Pub Details
Dog Kennel Lane, Chorleywood, Rickmansworth WD3 5EG
Destination
Ingoing Costs: £29,000
Pub Rent: £34,000
About the Pub
The Black Horse is a well presented village pub with a well equipped commercial kitchen and a courtyard garden to the side with enclosed pods giving it an all year round vibe. The site is a single bar operation that offers a relaxed and inviting customer experience. The Pub has a friendly layout creating a very warm and cozy atmosphere attracting both drinkers and diners and benefits from an open style kitchen adding an element of theatre to the guests dining experience.
Key Highlights
Picturesque location with destination appeal but still close to residential areas
Commercial kitchen in place to support food offer
A well developed courtyard area with all year round pods for drinking & dining
In the heart of the highly desirable Hertfordshire commuter belt
Huge scope for the right operator to put their own stamp on the venue and food offer
Suitable Applicants
Experienced pub operators required with experience in both the wet and food side of the pub business.
Financial Overview
APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings£27,000
Stock & Glassware
In the region of to cover the value of opening stock£5,000
Security Deposit
Payable in advance to Wells to cover charges incurred by your business (If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors)£10,000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings.£950
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement£450
Advanced Rent
In the region of (usually 1 month) – negotiable£654
Working Capital
Minimum working capital required£10,000
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)£20,000
Anticipated Retained Income
Food 50% / Wet 50%
Ongoing Costs
Service Charge
Payable weekly, to include: Extraction cleaning x 3, cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)£77 p/w
Stocktaking Services
Six professional stocktakes per annum recommended£1,356 p/a
Accountancy Services fees
For nominated accountant in the region of
£354 p/m
Rent
In the region of (payable weekly in advance)£34,000 p/a
It all starts with a vision.
We'll help you make it a reality.
From the minute you click apply, our team are there to give you all the right guidance and support, even long after you get the keys to your pub.
If you’re passionate, willing to learn and have a strong desire to serve your community, you’re definitely in the right place.
Click ‘Get Started’ to get the ball rolling.
We'll give you the support
you need to succeed.
Choose from the following support options below. Or, if you need to contact us directly, click here.
Monday Drop In
Want to learn more about what it takes to thrive as a Wells & Co. pub partner? Our RDMs are at Brewpoint every Monday, and they’re ready to chat!
1 to 1 with an RDM
Curious about running your own pub? Our Retail Development Managers are here to help. Whether you’d prefer to call, email, or meet in person, they’re ready to chat.
Support & Training
All the support, development you need, provided by best in class providers. We’ll help you get all the licenses & training you need to succeed.
Your dream pub could be waiting for you...
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