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Beer Garden
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External Drinking Area
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Function Room
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Smoking Solution
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Car Park
Property details
The pub itself is located in Bagshot. Bagshot is a town in the Surrey Heath borough of Surrey. The pub is surrounded by lots of natural beauty that Surrey has to offer. The Cedar Tree sits on the high street of the town with great standout for lots of pedestrian footfall and cars passing by. The pub benefits from strong demographics, with 58% high affluence and 23% medium banding residing within a ten-minute walk time of the pub. There are five additional pubs within a ten-minute walk time to the Cedar Tree. The Cedar Tree’s offering will be a ‘premium local’ which there is a gap in the market for in the local area.
An extensive refurbishment at this beautiful pub in the tranquil town of Bagshot. This will include a complete redecoration and refurbishment of the indoor and outdoor trading spaces. The refurbishment will open the dining space and add a feature brick wall. The landlords will also be refurbishing the bar servery and reducing it to create more trading space.
Externally, they will be rejuvenating the garden space, forming a new attractive seating area. Improvements will be made to the car park and the pub will receive a face-lift with brand new signage. This will be a truly great pub, with a great atmosphere.
The private accommodation consists of one bedroom a lounge and a bathroom.
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Catering Kitchen
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Live Entertainment
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Live Sports
Trading style
The Cedar Tree will slot into a gap in the local market, offering good food and a unique atmosphere to compete with the local competition. The refurbishment will allow the opening of the dining space for additional covers while retaining the bar area which will act as a traditional bar and drinking space. It will boast some 68 internal covers and 60 external. All the landlords are looking for is the right operator that can drive a rhythm of the week, and offer great food and a unique atmosphere.
Once refurbished, the Cedar Tree will appeal to a wide range of consumers and will attract affluent, local residents and families. Consumers are willing to travel for some great food and drink with a warm, welcoming atmosphere. Couples and professionals looking for a drink or bite to eat throughout the week.
Once refurbished, the Cedar Tree offer will include Quality, traditional pub food. Premium drinks offer including lagers, craft beers, wines, ciders, and spirits. A coffee offer to increase daytime trade. Weekly sport, quiz, and theme nights throughout the week. Student nights and community events such as PTA nights.
Key financials
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Reference Number:
8M9JTW / 2302004101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£52,360.00
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Annual Rent:
£38,000.00
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.
Annual Rent £38,000
Estimated Annual Turnover £483,206
Deposit £9,500
Estimated Fixtures & Fittings Value £31,860
Estimated Stock Valuation £7,500
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £52,360
Estimated Minimum Ingoing Costs £52,360
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.