Property Description
Modest refurbishment in affluent residential area with high quality food trade.
The Area:
The Charterhouse is located in the centre of Godalming, one of Surrey’s most desirable residential areas. The pub is well established and benefits from strong local support and proximity to the town’s schools, green space, and amenities. The surrounding area is characterised by high affluence and a strong sense of community, ideal for a pub with quality food and drink at its heart.
Demographics:
There are 2,247 adults within a 10-minute walk of the pub, with the customer base skewing toward mature, affluent households. The Charterhouse is well positioned to serve a loyal local audience and pick up occasional trade from visitors and those travelling through Godalming.
The Offer:
The Charterhouse is available on our investment tenancy agreement. Click here for more information on this agreement.
This modest refurbishment will extend internal cover capacity and improve customer comfort through redecoration and upgraded toilets. The changes will help reinforce the pub’s existing strengths in food and drink, giving more guests the opportunity to enjoy its high standards of service and offer. This opportunity is ideal for an experienced operator looking to build on an already solid foundation in a quality-led environment.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Charterhouse will have extensive experience in hospitality businesses. They will have a clear vision for their food offer, service standards and local engagement, 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…
The Charterhouse will be undergoing a refurbishment which will cover the internal trading area of the pub.
A full list of works and the pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading area and facilities post-refurbishment will include:
Main trading area with bar
70 internal covers
No external covers
Catering kitchen
HEINEKEN SmartDispense system
Private Accommodation
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
There is private accommodation at the property.
Premises license available on request.
Agreement Type
Investment Tenancy
Property Facilities
Kitchen
Outdoor Trade
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised 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 fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised 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 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
