Beer Garden
External Drinking Area
Function Room
Car Park
Restaurant/Dining
Wi-Fi
Property details
MAJOR REFURBISHMENT NOW UNDERWAY - RE-OPENING APRIL 2024. PLEASE NOTE THE IMAGES ABOVE SHOW THE EXTERIOR AND INTERIOR OF THE PUB BEFORE THE INVESTMENT SCHEME.
Following a full refurbishment inside and out, the Foresters Arms will be transformed into a spectacular pub with great food. A major investment of £350k will create a fabulous destination country pub that will also cater to the local population. There will be multiple zoned trading areas, the bar will be remodelled, and the kitchen will be improved to cater to a large number of covers. A fantastic new Orangery area will be created, adding 20-30 covers for private function drinking and dining when required.
Kirdford is an idyllic village, brimming with history and character, near the town of Petworth in West Sussex. The village centre has a recreation ground with a small pavilion, football pitch, tennis court, and a stoolball area, as well as a village shop and hall. Kirdford is on several walking routes and footpaths through the beautiful South Downs National Park, as well as on routes for cycling and horse riding
The private accommodation comprises a large lounge with a partitioned office, two double bedrooms, a bathroom, and a small living room/office/storeroom. The property also offers a separate flat with a kitchen/living room, two bedrooms, a bathroom, and a private entrance with a staircase.
Cask Ale
Catering Kitchen
Team Games
Experienced Operator
Trading style
Trade opportunities are open for the new Business Partner to capitalise on, but traditionally the Foresters Arms has had a strong community presence and a well-respected food offering. Currently, the pub's guest base includes couples, food enthusiasts, families, independent diners/drinkers, and regulars, with the chance of a local celebrity stopping by too!
This is a fantastic opportunity for a charismatic operator with loads of entrepreneurial spirit to run a newly refurbished pub. The landlords are looking for an operator who is willing to put in the hard work and focus on the goals to succeed in achieving an amazing business. A strong working knowledge of fresh food is essential. Ideally, the new BP will be enthusiastic, motivating, and passionate and, with the landlords support, will be able to grow sales; motivate their team through exceptional leadership; and deliver and maintain the high standards required for guests to have an exceptional experience.
Key financials
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Reference Number:
MWMA7Q /
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£55,000.00
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Annual Rent:
TBC
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
FAIR MAINTAINABLE TRADE TURNOVER: £750,000 PER ANNUM
INGOINGS BREAKDOWN:
Rent: Turnover Rent at 10%
Deposit: £7,500
Training fee: £1,200 incl VAT
Working capital: £20,000
Fixtures & Fittings: Estimated £100K (Inventory is an estimated net of VAT. Loan facilities are available for the purchase of fixtures and fittings).
Change of DPS fee: £200 incl VAT
Digital assets fee: £200 incl VAT
Minimum investment: £55,000 - £75,000