tenancy
Dunsfold Road, Alfold, Cranleigh, Surrey GU6 8HY, UK
Approx. Total Ingoings
£12,500Annual Rent
£26,000The property offers guests a spacious and sophisticated beer garden, perfect for those with families, and comes equipped with a children's play area. Seating and benches are ideally located to both the front and rear of the premises, with a patio drinking space complete with pergola structure at the rear; an ideal spot to host a BBQ for the locals. With vast amounts of open space there is an opportunity to develop the beer garden further and use the tranquil surroundings and facilities to the pub's benefit. The garden is large enough to host a marquee for around 100 guests which, taking into account the fantastic location, offers guests an ideal venue for formal and informal receptions. There is a car park area at the front of the pub for four vehicles with on raid parking also available.
Private Accommodation: The private accommodation has characterful décor and is a reasonable size for a family with three bedrooms, a lounge, study, separate bathroom and WC.
Indoor trading area
The main bar offers a spacious and comfortable environment with comfy seating and a log burning fire that proves popular in the winter months. The main bar and flooring has a more contemporary feel however the overall design gives the pub a unique style. Towards the end of the bar behind the fireplace is a second room used for dining which can seat around 30 covers; the fixtures and fittings offering a more modern touch. This space can be used to host private events or parties. The main bar extends through both areas with a natural theme, in which there is a prime opportunity to host events or food and drink offers. The commercial kitchen located directly behind the bar servery and is perfectly equipped to produce a good quality traditional pub menu with locally sourced specials at the weekends.
Outdoor trading area
The property offers guests a spacious and sophisticated beer garden, perfect for those with families, and comes equipped with a children's play area. Seating and benches are ideally located to both the front and rear of the premises, with a patio drinking space complete with pergola structure at the rear; an ideal spot to host a BBQ for the locals. With vast amounts of open space there is an opportunity to develop the beer garden further and use the tranquil surroundings and facilities to the pub's benefit. The garden is large enough to host a marquee for around 100 guests which, taking into account the fantastic location, offers guests an ideal venue for formal and informal receptions. There is a car park area at the front of the pub for four vehicles with on road parking also available.
Regional Manager Comments
The Three Compasses is a fantastic operation in the heart of the affluent hamlet of Alfold. This historic market town set in the Surrey Hills has a good demographic of clientele comprising mainly local trade and workers from the nearby Dunsfold Airfield. The pub would be suitable for a publican with a good background in food. There is great potential to not only develop the food menu and enhance the site's reputation as a dining outlet, but also to draw trade from the nearby housing developments. As it stands the pub has developed a strong reputation among its locals.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale Restaurant/Food
Approx. Total Ingoings
£12,500
Annual Rent
£26,000
Potential Turnover: £289,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £26,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £12,500 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £15,000 (excl VAT)
To be discussed with the Regional Manager.
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