• Fair Maintainable Trade* (FMT) Post-Scheme Net Turnover: £459k per annum
  • Rent:  11% of turnover
  • Initial Investment: £30,000
  • Wet/Dry split: 92%/8%
  • Historic landmark pub
  • Prime town centre location in a pedestrianised area
  • Major refurbishment scheme planned for early 2020

Located in the vibrant heart of Horsham, the Stout House is easily accessible in the pedestrianised area of the town centre, and enjoys a prime location amongst other central restaurants and bars.  This characterful pub is steeped in heritage and tradition, still boasting the King & Barnes exterior signage and traditional pub décor throughout, and is an integral part of the town centre.  The Stout House prides itself on the quality of its beer, which is carefully stored and handled in their well-kept cellar visible from the bar, and is one of the few pubs to offer authentic bar billiards.  The Stout House has substantial investment planned for early 2020.

 

We believe the public house will fully realise through an entrepreneurial operator who understands the dynamic Horsham trading environment, with an offer that will engage the relevant demographics.

 

 

The first floor private accommodation features 2 double bedrooms, a lounge, a study and a separate bathroom.

 

 

Top Line Figures

  • Rent: 11% of turnover
  • Initial Investment: £30,000
  • Fair Maintainable Trade* (FMT) Turnover: £459,000 per annum post-scheme

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,000
  • Working Capital: £5,000-£7,000
  • Fixtures & Fittings: circa £20,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 92%/8%
  • Business Rates: £9,758
  • Available From: 30/09/19
  • Closing Date: 14/09/19
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 153
  • 380
  • 0
  • 230
  • Last Year
  • 153
  • 450
  • 0
  • 400
  • 2 Years Previous
  • 155
  • 421
  • 2
  • 431

Trade
Asset 2

The Stout House is currently trading as a traditional town centre pub, with key trading periods during the evenings and weekends.  H&W have earmarked the site for a major refurbishment scheme in early 2020 to re-establish the pub as the heart of the Horsham drinking circuit.  The pub is ideally located in front of the new Piries Place development and benefits from the vast majority of the town’s footfall.  We believe the Stout House will fully realise through an entrepreneurial operator who understands the dynamic Horsham trading environment, with an offer that will engage the relevant demographics.


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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