New flying Horse

FindMyPub.com
Cask Ale

FindMyPub.com
Catering Kitchen

FindMyPub.com
Experienced Operator

The New Flying Horse is a well-established, multi-income business with strong foundations for an ambitious operator; the pub is presented in great condition throughout and offers an attractive trading layout for both food and drink.

Are you a hands-on pub or restaurant operator looking for a well-established business with letting rooms, strong food potential and a standout countryside setting? Located just north of Ashford, in the medieval village of Wye, the New Flying Horse is a picture-perfect country pub and restaurant with nine ensuite letting bedrooms and excellent outdoor space at the foot of the North Downs.

The New Flying Horse offers an exciting opportunity for hands-on operators with the energy, personality and commercial focus to drive all areas of this multifaceted business. The successful applicant will have the skills to grow local community trade, market the pub as a destination venue, develop accommodation custom and introduce a quality gastropub food offer, supported by an elevated wine and cask ale range. With its nine letting bedrooms, strong kitchen facilities, generous outdoor space and prime position at the foot of the North Downs, this is an ideal opportunity for operators ready to build a standout pub and restaurant business in the Kent countryside. The site has the potential to be available quickly for the right operator, with flexible agreement options available, including a traditional tenancy or a partnership agreement.

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.

Estimated capital requirements:

• Trading deposit £7,500
• Contract deposit (Refundable on the day of change): £500
• Maintenance scheme (Plus monthly payments of £50) £1,000
• Inventory (Estimated post-refurbishment subject to an independent valuation by a trade broker and stock taker) £40,000
• Stock, glass & crockery (Estimated, subject to an independent valuation by a trade broker and stock taker) £10,000
• Training deposit (£500 Refundable on completion of training) £1,000
• Utility package deposit (Approx. cost, applicable subject to agreement type) £TBC
• Technology pack deposit (Approx. cost, applicable subject to agreement type) £TBC

Working capital £10,000
Total estimated ingoing charges £65,000
Minimum capital considered £30,000

A lower minimum amount of capital may be considered, provided that there is a strong business and financial reason to support this during the application process.

Fixed Rental Structure:

• Year 1   £TBC
• Year 2   £TBC
• Year 3   £TBC
• Year 4   £TBC
• Year 5   £TBC

This pub is being offered on a Standard Tenancy Agreement with a fixed 5-year rental structure. This agreement is covered by the ‘Landlord & Tenant Act 1954, Part II '. This is a fully tied agreement across all beers, cider, wine, PPS, spirits, and minerals.