Run a Star Pub - Crown & Anchor Old Woking - Old Woking

The right operator for the pub will have extensive experience in a destination food outlet within a hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer that can create a memorable experience for their customers.,

• Catering Kitchen
• Foundation Tenancy
• Letting Rooms
• Outdoor Trade
• Private Accommodation
Trading Area & Facilities
• Main trading area with bar
• 54 internal covers
• 40 external covers
• Medium kitchen
• Large Beer garden
• Car park with 9 spaces
• 4 Letting rooms
  
  The Crown & Anchor is a riverside pub that has rooms and a restaurant. It is minutes away from some of the best golf courses, theme parks & attractions in the country. The pub is surrounded by residential housing.
Old Woking is a thriving and much-loved suburb approximately 1.5 miles from Woking town centre. The Crown & Anchor is the only pub within a 20-minute walk.

Estimated Total Ingoing Costs: £30,004 Estimated Minimum Ingoing Costs: £11,213 Annual Rent: £32,554 Estimated Annual Turnover: £445,289 Deposit: £8,139 Estimated Fixtures & Fittings Value: £13,365 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 licence 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.