Pub Overview Fantastic opportunity to take over a community focused pub. What would you do with this pub to make it a success? The area: The Three Horseshoes is located in the town centre of Bridgend. The pub is surrounded by shops, food and retails outlets and mixed housing. Demographics: The pub benefits from being one of 23 pubs found in an area of around 3,064 adults. The Three Horseshoes attracts a mixed customer base from 18 to 80 depending on the time of day. The pub does a really strong food offer during the day but is a wet only pub in the evenings as it is part of the Bridgend night circuit. The Offer: Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through 25/75 food & drinks offer. What food & drinks would you look to implement in the pub? The site currently has the ability to drive trade by maximising on is great town centre location and delivering the right offer to meet the customer needs at different times of the day/night. It offers a selection of a pub classic menu, coffees, and popular beers, ciders, wines and spirits. We’re always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a similar pub business, we’d love to hear what experience you can bring. The right operator for the pub will have previous experience in a high street hospitality business and has worked with food. They will have a clear vision for their marketing strategy, food & drinks menu and can create a memorable experience for all their 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 pub’s next chapter Features Foundation Tenancy Catering Kitchen Outdoor Trade Pub Games Private Accommodation Trading Area & Facilities Main trading area with bar 65 internal covers Catering Kitchen Small outside patio trading area to the side Darts Board HEINEKEN SmartDispense Private Accommodation Private accommodation consists of two bedrooms, a living room, kitchen and bathroom. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £30,660 Estimated Minimum Ingoing Costs £11,741 Annual Rent £26,901 Estimated Annual Turnover £413,579 Deposit £6,725 Estimated Fixtures & Fittings Value £14,435 Estimated Stock Valuation £6,000 Estimated Working Capital £3,500 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. Downloads Demographics Report Download arrow Energy Performance Certificate Download arrow