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Beer Garden
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External Drinking Area
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Restaurant/Dining
Property details
The Wheatsheaf is a substantial, standalone pub currently operating as a community-focused, wet-led venue with a limited food offer.
Situated on the edge of the Surrey Hills and within easy reach of the North Downs, Farnham is a highly desirable destination renowned for its Georgian architecture, independent retail offering and strong food and drink culture. The bustling town centre attracts both residents and visitors year-round, with an established café, dining and hospitality scene, complemented by a popular monthly farmers’ market featuring more than forty artisan and local produce traders.
Internally, the Wheatsheaf offers a versatile galley-style trading area with capacity for approx.70 covers, plus a feature open-fronted kitchen overlooking the main dining space, creating an engaging, modern customer experience. Large sliding glass doors lead directly onto a secluded courtyard garden, providing a further 20 dining covers, allowing you to maximise trade during the fairer weather.
On the first floor, the property includes a staff room, office, walk-in fridge and dry storage facilities.
There is also well-proportioned private accommodation, comprising three double bedrooms, a lounge, kitchen and bathroom on the first floor.
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Catering Kitchen
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Experienced Operator
Trading style
The Wheatsheaf is a substantial, standalone pub currently operating as a community-focused, wet-led venue with a limited food offer. The pub company is now seeking an ambitious, experienced high-street pub operator with the vision, local market understanding, and food expertise to transform the business into a contemporary drinking and dining destination in the heart of Farnham.
Are you an experienced high-street pub operator looking for your next opportunity in a busy market town? The Wheatsheaf offers an exciting chance to develop a quality food offer, reposition a prominent town-centre pub, and make your mark in Farnham’s vibrant local hospitality market.
This is an excellent opportunity for a proven operator to take on a well-located, characterful town-centre site and build a compelling food and drink offer that can stand out in Farnham’s busy local marketplace. With the right vision, the Wheatsheaf has strong potential to become a fantastic high-street pub and dining venue with broad appeal to residents, shoppers and visitors alike.
Key financials
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Reference Number:
Z55YD7 / SN-GU9
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Agreement Type:
TAW / Tenancy
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Min Ingoing Cost:
£15,000.00
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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 note that the Energy Performance Certificate is available from the landlord.
Estimated capital requirements:
- Trading deposit £5,000
- 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) £20,000
- Stock, glass & crockery (Estimated subject to an independent valuation by a trade broker and stock taker) £5,000
- Training deposit (£500 Refundable on completion of training) £1,000
Working capital £5,000
Total estimated ingoing charges £37,500
Minimal capital considered £17,500
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 £30,160
- Year 2 £32,240
- Year 3 £36,400
- Year 4 £39,000
- Year 5 £41,600
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 minerals20
The Wheatsheaf is available immediately, with flexible agreement options available to include a traditional tenancy or a partnership agreement. For the right applicants, the pub company may also consider a tenancy at will or a one-year agreement, with flexible terms and ingoing costs.