Pub Overview
Affluent location The White Hart is located in Hartlebury, a village and civil parish in the Wychavon district of Worcestershire, 4 miles south of Kidderminster. The pub is close to Hartlebury Castle and is surrounded by strong demographics, with approximately 500 adults living within a 10-minute walk, consisting mostly of high affluence. There is no competition in the immediate area; the nearest pub is a 15-minute walk away.
Tap into this pub's potential The White Hart is a pub with fantastic potential. The planned refurbishment will allow a new licensee to capitalize on this with full internal and external re-decoration. The existing kitchen is in great condition, allowing for a fantastic, traditional home-cooked food menu. We are looking for the right operator who understands community pubs.
The right operator for the White Hart will have extensive experience in similar hospitality businesses with a focus on food. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer, and can create a memorable experience for 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 Catering Kitchen Investment Tenancy Car Park Cask Ale Outdoor Trade Private Accommodation Refurbishment Planned
Trading Area & Facilities Fantastic refurbishment planned A sympathetic refurbishment will transform the White Hart into a premium local pub. The proposed investment will allow for Star Pubs & Bars to refresh the bar servery, add a new back bar, and install new flooring. The entire interior of the pub will undergo re-decoration and will benefit from new fixtures and fittings. Externally, we will give the pub an all-new look and feel by installing attractive signage and lighting to increase the pub's kerb appeal. We will also renovate the existing garden space to create a real focal point for the village and passing trade.
Private Accommodation Private accommodation consists of 3 bedrooms, a living room, kitchen, and bathroom.
Pub Financials Estimated Total Ingoing Costs: £28,375 Estimated Minimum Ingoing Costs: £28,375 Annual Rent: £25,500 Estimated Annual Turnover: £393,544 Deposit: £6,375 Estimated Fixtures & Fittings Value: £16,000 Estimated Stock Valuation: £2,500 Estimated Working Capital: £3,500 The above figures are provided as a guide only and will be finalized 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 fees, premises license 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 finalized 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 months' rent in advance, and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' rent will be required for operators trading under a Limited Company with no Guarantors. To ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.
Downloads Demographics Report Download Energy Performance Certificate Download Refurbishment Details Download
#J-18808-Ljbffr
Affluent location The White Hart is located in Hartlebury, a village and civil parish in the Wychavon district of Worcestershire, 4 miles south of Kidderminster. The pub is close to Hartlebury Castle and is surrounded by strong demographics, with approximately 500 adults living within a 10-minute walk, consisting mostly of high affluence. There is no competition in the immediate area; the nearest pub is a 15-minute walk away.
Tap into this pub's potential The White Hart is a pub with fantastic potential. The planned refurbishment will allow a new licensee to capitalize on this with full internal and external re-decoration. The existing kitchen is in great condition, allowing for a fantastic, traditional home-cooked food menu. We are looking for the right operator who understands community pubs.
The right operator for the White Hart will have extensive experience in similar hospitality businesses with a focus on food. They will have a clear vision for their food & drinks menu, marketing strategy, and entertainment offer, and can create a memorable experience for 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 Catering Kitchen Investment Tenancy Car Park Cask Ale Outdoor Trade Private Accommodation Refurbishment Planned
Trading Area & Facilities Fantastic refurbishment planned A sympathetic refurbishment will transform the White Hart into a premium local pub. The proposed investment will allow for Star Pubs & Bars to refresh the bar servery, add a new back bar, and install new flooring. The entire interior of the pub will undergo re-decoration and will benefit from new fixtures and fittings. Externally, we will give the pub an all-new look and feel by installing attractive signage and lighting to increase the pub's kerb appeal. We will also renovate the existing garden space to create a real focal point for the village and passing trade.
Private Accommodation Private accommodation consists of 3 bedrooms, a living room, kitchen, and bathroom.
Pub Financials Estimated Total Ingoing Costs: £28,375 Estimated Minimum Ingoing Costs: £28,375 Annual Rent: £25,500 Estimated Annual Turnover: £393,544 Deposit: £6,375 Estimated Fixtures & Fittings Value: £16,000 Estimated Stock Valuation: £2,500 Estimated Working Capital: £3,500 The above figures are provided as a guide only and will be finalized 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 fees, premises license 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 finalized 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 months' rent in advance, and fixtures and fittings (F&F) must always be purchased. A deposit of 6 months' rent will be required for operators trading under a Limited Company with no Guarantors. To ensure a successful start-up, all applicants must have a minimum of £10,000 un-borrowed funds.
Downloads Demographics Report Download Energy Performance Certificate Download Refurbishment Details Download
#J-18808-Ljbffr
