Beer Garden
External Drinking Area
Property details
The pub itself is located in Godalming. Godalming is located in Surrey. The Winterton Arms is appointed perfectly for a destination venue. The pub can attract the local community of c. 1000 people within a 20-minute walk, but there is a big opportunity to attract destination customers further afield. There are no other pubs within a 10-minute walk time and only one within a 20-minute walk of the pub.
An extensive refurbishment at the Winterton in the quaint village of Chiddingfold will transform the pub into a great pub with great food. The works will include a complete redecoration and refurbishment of the indoor and outdoor trading spaces. The landlords will be upgrading the main trading area, overhauling the bar's existing counter and backfitting, with new flooring and decorations. They will also be upgrading the toilets, trading kitchen, and cellar.
Externally, the landlords will be rejuvenating the garden space, forming a new attractive seating area in the large beer garden with festoon lighting. The pub will receive a face-lift with brand new signage, enhancing its kerb appeal and attracting in passing trade and locals.
The private accommodation consists of a living room, 2/3 bedrooms, a kitchen, and a bathroom.
Catering Kitchen
Trading style
The potential to invest in this pub will allow for a step change to where it sits in the market and make it stand out from the limited competition. This pub would work for an operator who can drive a rhythm of the week and has a passion for food.
The Winterton would suit an operator who is looking to expand in the local area but also could be a great opportunity for a single-site operator with some exciting ideas. With 99 internal and over 150 external covers, this pub has huge potential.
Key financials
-
Reference Number:
8M9JTW / 2300222101
-
Agreement Type:
Lease
-
Min Ingoing Cost:
£133,705.00
-
Annual Rent:
£62,000.00
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 £62,000
Estimated Annual Turnover £753,241
Deposit £15,500
Estimated Fixtures & Fittings Value £104,705
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £133,705
Estimated Minimum Ingoing Costs £133,705
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.