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Beer Garden
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External Drinking Area
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Function Room
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Car Park
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Childrens Play Area
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Restaurant/Dining
Property details
Three Horseshoes Malpass sits on the edge of a residential estate and is surrounded by housing, giving it a strong community catchment. There are 4,624 adults within walking distance of the pub. The brief identifies two nearby competitors, making Three Horseshoes one of only a small handful of pubs serving the immediate area. Its position on a busy road also allows the refurbishment to signal a clear change to passing customers.
A refurbishment of around £227,000 is planned to transform Three Horseshoes Malpass into a smarter community pub with refreshed interiors, improved external presentation and a stronger sports and community offer.
The pub's trading area and facilities post-refurbishment will be:
- Main trading area with bar
- Snug area
- Separate games and sports zone
- 79 internal covers
- 116 external covers
- Catering kitchen
- Function room
- HEINEKEN SmartDispense
- Three-bedroom private accommodation
- Pub garden
- Car park with 25 spaces
The private accommodation consists of three bedrooms, a living room, a kitchen, a bathroom and a separate toilet.
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Catering Kitchen
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Team Games
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Pool Area
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Live Sports
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Experienced Operator
Trading style
The pub currently trades as a predominantly wet-led, value-led, and traditional business. The investment will refresh its appearance and reposition it to appeal to a broader and more diverse customer base, while retaining a clear community focus built around drinks, sport, weekly activity and a simple food offer.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring. The right operator for Three Horseshoes Malpass will have extensive experience in community-led, drinks-focused hospitality businesses. They will have a clear vision for the simple food and drink menu, sports and weekly entertainment programme, and local marketing strategy, 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 the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 2301713101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£33,372.00
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Annual Rent:
£23,489.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual:
Estimated Annual Turnover £387,682
Annual Rent £23,489
Entry Costs:
Deposit £5,872
Estimated Fixtures & Fittings Value £18,000
Stock Valuation £6,000
Working Capital Required £3,500
Indicative entry costs £33,372
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.