Overview
This Business Partnership opportunity is available from Feb 26.
BEAUTIFUL TRANSFORMATION
Following a full refurbishment, the Foresters Arms has been transformed into a spectacular pub equipped to offer great food from a brand-new trade kitchen. A major investment of £350k has created a fabulous destination pub that will also cater for the local guest base. There are multiple zoned areas which have all been refurbished, the bar has been re-modelled, and the kitchen has been improved to cater for the large number of covers (80 covers internally and up to 200 covers outside).
A fantastic new Orangery area has also been created, adding 20-30 covers for private function drinking and dining when required.
Location
Kirdford is an idyllic village and civil parish in the Chichester District of West Sussex, near the town of Petworth, located 6.5 miles southwest of the village. Brimming with history and character, Kirdford is home to a Grade I listed 12th century church of St John The Baptist. The village centre has a recreation ground with a small pavilion, football pitch, tennis court and a stoolball area, as well as a village shop and hall.
Kirdford is on several walking routes and footpaths through the South Downs National Park, as well as routes for cycling and horse riding.
This is a great opportunity. Could this be the pub to rent for you?
Forester’s Arms Highlights
* Fair Maintainable Trade (FMT) Net Turnover: £717.5k per annum
* Rent 8.5% of net turnover
* Recent major investment scheme has created a brand-new interior and kitchen
* Spacious rear garden with a high number of covers
* Front garden overlooking village green
* Orangery for private functions up to 30
* Picturesque village location
Private Accommodation
* Extensive & spacious living accommodation
* Main Living Space: 2 x Double Bedrooms, Large Lounge with Partitioned Office, Bathroom, Smaller Living Room / Office / Store Room
* Separate Flat: 2 x Bedrooms, Private Kitchen / Living Room, Bathroom, Private Entrance with Staircase
This quaint, traditional village pub will offer a varied and delicious menu with the opportunity to have BBQs in the summer and regular theme nights. The Foresters will be renowned for its home-cooked food and friendly atmosphere. The pub will be a focal part of the village community boasting a characterful interior, with wooden beams, stone and brick floors and a beautiful inglenook fireplace.
The relaxed village bar at the front of the pub has 20 covers, with a further 40 covers in the more formal restaurant area to the rear and another 20 in the Orangery, which also serves as an excellent function room.
The pub boasts a spacious, well-equipped kitchen, and a beautiful, extensive, but easily maintained, rear garden.
Top Line Figures
* Rent: 8.5% Turnover Rent, Base of £49K
* Initial Investment: £52,000
* Fair Maintainable Trade (FMT) Turnover: £717,500 per annum
Full Investment Breakdown
* Deposit: £7,500
* Training Fee: £1,200 incl. VAT
* Change of DPS Fee: £300 incl. VAT
* Digital Assets Fee: £200 incl. VAT
* Working Capital: £20,000
* Fixtures & Fittings: TBC (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).
Additional Information
* Estimated Wet/DrySplit: 50%/50%
* Business Rates: Approx. £12,600 (below current threshold)
* Available From: Feb 26
Trade
Trade opportunities are open for the new Business Partner to capitalise on, but traditionally the Forester’s Arms has had a strong community presence and a well respected food offering. Currently the pub’s guest base includes couples, food enthusiasts, families, independent diners/drinkers, and regulars.
“This is a fantastic opportunity for a strong, charismatic Business Partner(s) with loads of entrepreneurial spirit to run a recently refurbished pub. Could it be the pub to rent for you?
We’re looking for an operator who is willing to put in the hard work and focus on the goals to succeed in achieving an amazing business. Ideally our new BP will be enthusiastic, motivating and passionate and, with our support, will be able to provide amazing hospitality; grow sales; motivate their team through exceptional leadership; and deliver and maintain the high standards required for guests to have an exceptional experience.
A love of pubs and a strong working knowledge of fresh food is essential to succeed at The Forester’s Arms.”
Peter Hurdle
Business Development Partner
For more details and to submit your interest, please click on Apply.
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