under offer
under offer
tenancy
1 Barrs Lane, North Nibley, Dursley, Gloucestershire GL11 6DT, UK
Approx. Total Ingoings
£12,750Annual Rent
£25,000The Black Horse is a charming period pub situated in the heart of the small village of North Nibley, surrounded by the beautiful Gloucestershire countryside, popular with walkers and holidaymakers. The pub has 6 letting rooms, a separate restaurant area and traditional bar which gives this village pub all the ingredients needed to be the hub at the centre of the village. There is also a small breakfast room, beer garden to the rear and lovely sunny patio at the front of the building. Offering great quality traditional pub grub and letting rooms, it offers a great base for those looking to explore the local area. It is vital that the new publican has experience to ensure this pub stays the hotspot of the village community whilst also expanding the offerings.
Private Accommodation: The private living accommodation is a small managers' flat on the first floor, boasting a kitchenette, large lounge and bedroom.
Indoor trading area
The Black Horse Inn has three distinct trading areas within an open plan blueprint. There is a comfortable drinking area in front of the bar servery with a large open fireplace giving a warm and homely feel to the pub. The servery itself is very well-presented with exposed beams and an array of cask ales and international beer brands. There are around 14 covers in front of the bar, sitting by the fire, creating a cosy and inviting atmosphere. To the right, down one step, leads to a dining area with slate flooring which has access to the patio beer garden and to the left, through a doorway is the restaurant area with wooden flooring, another fireplace and seating for 28. A good sized and well-equipped kitchen supports the restaurant and it also includes access from the side of the property. In addition, there are six letting rooms, all en-suite and one including a room with adjoining doors, is perfect for families.
Outdoor trading area
There is a small area with picnic tables to the front of the building and another part patio, part grassed section to the rear, with ample seating for another 20 diners or drinkers. Across the road there is a car park with space for 14 vehicles, with additional parking for four in front of the pub.
Regional Manager Comments
The Black Horse Inn is an exceptional and multi-faceted business located in the Gloucestershire countryside in the heart of North Nibley. This beautiful and traditional old pub requires an experienced food and hotel operator who can generate an exceptional quality of service, products and the high standards required to turn this charming building into the hub of the village.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale Restaurant/Food
Approx. Total Ingoings
£12,750
Annual Rent
£25,000
Potential Turnover: £384,000 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.
Introductory Rent: £25,000 per annum, payable weekly in advance.
This pub needs personal investment of time, effort and skills to realise its potential. Our vision for this pub is a business capable of sustaining a rent of £35,000.00 per annum.
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: £12,750 (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: £13,000 (excl VAT)
To be discussed with the Regional Manager.
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.
Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
