Run a Star Pub - Three Crowns Ashurstwood - East Grinstead

The Three Crowns is located in the village of Ashurstwood, which is about a mile from East Grinstead in West Sussex. The pub is surrounded by residential housing, with, many people commuting into London through the working week. There are several historic sites nearby such as Saint Hill Manor and Standen which attracts local tourists. Demographics The pub benefits from being one of 2 pubs found in an area of around 2500 adults within a 20-minute walk of the front door. A large proportion of the affluent customer base is made up of families that have older children and the retired.

The site currently has the ability to drive trade via a strong food menu, live entertainment and a large garden space. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and coffees. We're always open to new ideas, what would you do to drive trade? 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 pub will have extensive experience in a destination food outlet within a successful 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. 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

• Car Park
• Catering Kitchen
• Foundation Tenancy
• Outdoor Trade
• Private Accommodation
Trading Area & Facilities Trading areas and facilities
• Main trading area with bar
• 90 internal covers
• 50 external covers
• Large catering kitchen
• SmartDispense
• Large garden space
• Car park with 12 spaces
Private Accommodation Private accommodation consists of 3 bedrooms, kitchen, 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 range from
• :
£16,833 - £90,300 Annual Estimated Annual Turnover £531,074 Annual Rent £40,000 Entry Costs Deposit
• Deposit build up from 1 month rent
£10,000
• Estimated Fixtures & Fittings Value
• Rented fixtures & fittings deal available
£66,800
• Stock Valuation £10,000 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.