• Fair Maintainable Trade* (FMT) Net Turnover: £310k per annum
  • Rent: £31K with discount available, due to pub being marketed for sale
  • Initial Investment: £17,500
  • Wet/Dry split: 50%/50%
  • Prime roadside location on the A264 (Crawley Road)
  • Large garden and children’s play area, popular with families
  • Characterful interior with open fireplace, wooden beams and stone flooring

The Cherry Tree Inn, Horsham, is a converted 17th Century coaching inn which is now a family-friendly village pub, offering traditional, high quality food and drink.  The pub has an attractive and spacious garden, complete with children’s play area, and a characterful interior decorated to a high standard.

We are looking for a Business Partner to take the pub on a temporary basis whilst it is marketed for sale. We are offering a 1 year agreement with 3 month’s break clause, and a discounted rent to reflect the current situation.  This would be an ideal short-term business opportunity for any type of operator.

The private accommodation features 3 bedrooms and 1 bathroom.

Top Line Figures

  • Rent: £31K with discount available
  • Initial Investment: £17,500
  • Fair Maintainable Trade* (FMT) Turnover: £310,000 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Working Capital: £7,500
  • Fixtures & Fittings: n/a

Additional Information

  • Estimated Wet/Dry Split: 50%/50%
  • Available From: 20/11/19
  • Closing Date: 01/11/19
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 82
  • 1950
  • 40
  • 1460
  • Last Year
  • 85
  • 1930
  • 40
  • 1480
  • 2 Years Previous
  • 92
  • 2260
  • 70
  • 1880

Trade
Asset 2

The Cherry Tree has a well balanced food and drink trade, with a busy daily lunch and Sunday trade.  The pub is very popular with families and the more mature demographic, and runs a popular weekly pub quiz.


Misrepresentation

* Fair Maintainable Trade (FMT) is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process. Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business – we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

† The Full Investment Breakdown for each public house is higher than the minimum investment we will accept because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies. The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees – please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

Asset 2

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