MAJOR REFURBISHMENT NOW UNDERWAY – RE-OPENING APRIL 2024

Following a full refurbishment inside and out, the Foresters Arms will be transformed into a spectacular pub with great food. A major investment of £350k will create a fabulous destination country pub that will also cater to the local population. There will be multiple zoned areas which will all undergo refurbishment, the bar will be re-modelled, and the kitchen will be improved to cater for the large number of covers (80 covers internally and up to 200 covers outside).

A fantastic new Orangery area will be created, adding 20-30 covers for private function drinking and dining when required.

Take a look at the plan below to see the layout of this exciting new pub!

PLEASE NOTE THE IMAGES BELOW SHOW THE EXTERIOR AND INTERIOR OF THE PUB PRIOR TO THE INVESTMENT SCHEME.

“This is a fantastic opportunity for a strong, charismatic Business Partner(s) with loads of entrepreneurial spirit to run a newly refurbished pub with a unique opportunity.

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.

We are putting significant investment into this pub and are prepared to give our BP the freedom to express their ideas and implement them.  A love of pubs and a strong working knowledge of fresh food is essential to succeed at The Forester’s Arms.”

Foggy Dessillas

Business Development Partner, South East Region

Map

Main Living Space:

  • 2x Double Bedrooms
  • Large Lounge with Partitioned Office
  • Bathroom
  • Smaller Living Room / Office / Store Room

Separate Flat:

  • 2x Bedrooms
  • Private Kitchen / Living Room
  • Bathroom
  • Private Entrance with Staircase
  • Fair Maintainable Trade* (FMT) Net Turnover: £784k per annum
  • Major investment scheme to create a brand new interior now underway
  • Pub will retain flagstone floors in the bar and a characterful inglenook fireplace
  • Separate brand new Orangery
  • Beautiful spacious garden
  • Picturesque village location

Top Line Figures

  • Rent:  10% Turnover Rent, Base of £58K
  • Initial Investment: £55,000 – £75,000
  • Fair Maintainable Trade* (FMT) Turnover: £784k per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Change of DPS Fee: £200 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £20,000
  • Fixtures & Fittings: Approx. £100,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 50%/50%
  • Business Rates: Approx. £12,600
  • Available From: April 2024
  • Closing Date: 15/03/2024
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year 2023-24*
  • 17
  • 240
  • 0
  • 20
  • Last Year 2022-23
  • 117
  • 1450
  • 120
  • 950
  • 2 Years Previous 2021-22**
  • 98
  • 1340
  • 120
  • 990

Trade
Asset 2

Trade opportunities are open for the new Business Partner to capitalise on, but traditionally the Foresters 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, with the chance of a local celebrity stopping by too!

*Trade volumes have been affected by pub closure for investment scheme

**Trade volumes have been affected by Covid-19 lockdown closure periods.


British Institute of Innkeeping:  https://www.bii.org/

British Beer and Pub Association:  https://beerandpub.com/

Pre-Entry Awareness Training (PEAT):  https://www.bii.org/BII/Industry-Advice/PEAT.aspx

Personal Licence:  https://www.gov.uk/government/publications/personal-licence-application–2

More Pubs to Rent: https://www.hall-woodhousepartnerships.co.uk/pubs-for-rent

Misrepresentation

* Fair Maintainable Trade (FMT):

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 to rent, 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.

Code of Practice:

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:

The Full Investment Breakdown for each public house is higher than the minimum investment we will accept. This is 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.

Working Capital:

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

Want to know more about our available pubs to rent near you?

Please complete the form below to sign up and receive free email alerts as new opportunities to run Hall & Woodhouse pubs become available. If you have any questions, feel free to email us at apply@hall-woodhouse.co.uk To view our Privacy Policy, click here

Thanks for signing up to our newsletter.

This site is protected by reCAPTCHA and the Google Privacy Policy and Term of Service apply.



Other Available Pubs

RETAIL PARK LOCATION

Hankridge Arms

Hankridge Way, Riverside, Taunton, Somerset, TA1 2LR

A beautiful period farmhouse that has been converted into a hugely successful pub business, serving high quality food…

Facilities

  • 50
  • 30
  • Asset 1 80
COACHING INN WITH ROOMS

Grove Arms

Ludwell, Shaftesbury, Dorset, SP7 9ND

The Grove is a historic coaching inn, set in the rolling Wiltshire Downs and the hub of the…

Facilities

  • 6
  • 32
  • 60
  • Asset 1 75
MAJOR REFURBISHMENT NOW UNDERWAY

Foresters Arms

Kirdford, Billingshurst, West Sussex RH14 0ND

This pub is in the process of having a major investment scheme, creating an exciting opportunity for a…

Facilities

  • 20
  • 200
  • Asset 1 80