The Three Crowns is located in the village of Ashurstwood, which is about a mile from East Grinstead in West Sussex. The pub is surrounded by residential housing, with many people commuting into London during the working week. Several historic sites nearby such as Saint Hill Manor and Standen attract local tourists. The pub is one of only two pubs in an area of around 2,500 adults within a 20‑minute walk of the front door. A large proportion of the affluent customer base is made up of families with older children and the retired.
Features
* Car Park
* Catering Kitchen
* Foundation Tenancy
* Outdoor Trade
* Private Accommodation
Trading Areas & Facilities
* Main trading area with bar
* 90 internal covers
* 50 external covers
* Large catering kitchen
* SmartDispense
* Large garden space
* Car park with 12 spaces
Private Accommodation
Consists of 3 bedrooms, a kitchen, a living room, and a bathroom.
Pub Financials
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs range from £16,833 to £90,300.
Annual estimated turnover: £531,074.
Annual rent: £40,000.
* Entry costs deposit: £10,000.
* Deposit build‑up from 1 month rent.
* Estimated fixtures & fittings value: £66,800.
* Rented fixtures & fittings deal available.
* Stock valuation: £10,000.
* Working capital required: £3,500.
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 licence fee, F&F valuation fee and till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, and 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 are rented. A deposit of 6 month’s rent is required for operators trading under a Limited Company with no guarantors. All applicants must have a minimum £10,000 un‑borrowed funds.
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