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TAW CONSIDERED

Wheatsheaf

West Street, Farnham, Surrey, GU9 7DR

Ingoing Cost: £17,500
Annual Rent: TBC

Features
Trading style
Key financials

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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 prominent pub and restaurant located in an excellent high-street position, in the thriving market town of Farnham, Surrey.

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 approximately 70 covers, together with a feature open-fronted kitchen that overlooks the main dining space, creating an engaging and modern customer experience. Large sliding glass doors lead directly onto a secluded courtyard garden, providing a further 20 dining covers during the spring and summer months.

The first floor includes a staff room, office, walk-in fridge and dry storage facilities, alongside well-proportioned private accommodation, comprising three double bedrooms, a lounge, kitchen and bathroom.

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Catering Kitchen

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Live Sports

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Experienced Operator

Trading style

The Wheatsheaf is a substantial, standalone pub currently operating as a community-focused, wet and sports-led venue. The pub company is now seeking an ambitious and experienced operator, with strong local knowledge and a clear food and beverage vision, to reposition the business as a contemporary high-street drinking and dining venue

Available from summer 26, the Wheatsheaf is available on either a traditional tenancy or a partnership agreement, providing flexibility for the right operator. This is a great opportunity for an entrepreneurial publican to take on a well-located, characterful town-centre site, with significant potential to transform the pub into a vibrant and commercially successful food and drink venue with strong local appeal.

Key financials

Reference Number: Z55YD7 / SN-GU9
Agreement Type: Tenancy

Min Ingoing Cost: £17,500.00
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 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 £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 minerals20

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MISREPRESENTATION ACT 1967

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