Pub Overview The Black Horse is an affluent neighbourhood pub just off the main high street. It is in a good location surrounded by pubs, coffee shops and restaurants. The Black Horse Tring is available on our foundation tenancy agreement. Click here for more information on this agreement. The pub would benefit from quiz nights, sports, karaoke, and a strong rhythm of the week to attract customers day and night. We’re always open to new ideas, what would you do to drive trade? Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you. Understanding of the local community You know what it takes to build a successful business You love hospitality and are great with customers If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter Features Foundation Tenancy Catering Kitchen Live Sports Outdoor Trade Private Accommodation Trading Area & Facilities The pubs trading area and facilities are: Main trading L shaped bar 44 internal covers 60 external covers Catering kitchen SmartDispense Large outdoor garden with outdoor bar Public parking nearby Private Accommodation Private accommodation consists of 4 bedrooms, a living room, kitchen, bathroom. Pub Financials Annual Rent £ 44,298 Estimated Annual Turnover £ 567,066 Deposit £ 11,075 Estimated Fixtures & Fittings Value £ 25,000 Estimated Stock Valuation £ 7,500 Estimated Working Capital £ 3,500 Estimated Total Ingoing Costs £ 47,075 Estimated Minimum Ingoing Costs £ 47,075 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. Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms. The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.