Property Description

The Three Horseshoes poses a fantastic opportunity to run a quality, local pub on the edge of the affluent town of Marlow. Positioned five minutes from junction 4 of the M40 and close to the rebellion brewery and local vineyards. The pub attracts trade from the local community including office workers, avid walkers as well as trade from neighbouring High Wycombe. The Horseshoe boasts spacious and traditional interior, two open log fires, wooden beams, split level seating areas and an attractive rear garden with both a lawn and patio area. The potential operator needs to be an enthusiastic and passionate publican who will be able to deliver traditional quality pub food offer as well as have a love and understanding of real ales. The regional manager has also advised that the rent is fully negotiable.

Private Accommodation: The private accommodation comprises of a kitchen diner on the ground floor and one bedroom, lounge and bathroom on the first floor. Aside from the pub garden the accommodation has a private yard and private access.

Trading Style

Indoor trading area

The property has a traditional feel and maintains some fantastic original features including two beautiful open log fires, exposed brick and wooden beams. The trade areas are spacious and open plan, offering guests a welcoming and comfortable environment to enjoy a drink in front of the fire, or a meal in quality surroundings. The pub is well-presented throughout and the décor lends itself to the traditional up-keep of the property. The furniture throughout is in excellent condition and there are wooden tables and chairs to accommodate 92 guests. Within the main dining room there is split level seating which is a popular feature for those who use this area for an event or function, as they can have some privacy from other diners. The trade areas are all serviced by a large L-shaped bar servery, which has a large back bar space and ample room for bottle fridges. The trade kitchen is well-equipped with a walk in fridge, and of a good size to adequately serve the pub at full capacity.

Outdoor trading area

To the rear of the property is a large enclosed lawn and patio where there are a number of picnic benches to accommodate up to 60 guests. The garden is well-maintained, and is a very popular feature, especially during the warmer months. There is a purpose built smoking solution to the front of the property that has potted plants all around. A large tarmac car park is situated at the front of the property, providing space for 40 vehicles.

Regional Manager Comments

The Three Horseshoes presents a rare opportunity to start up a business in the hugely popular town of Marlow. This is a superb venture for an experienced food operator to update and build upon the historically good reputation this business has sustained. The pub is well-regarded for the quality of its cask ales, home cooked food and hospitable service, and the new operator will need to uphold this reputation. This is an excellent opportunity for a passionate publican who has knowledge of the local demographics and experience of running a similar establishment.

Agreement Type

Retail Partnership Tenancy

Property Facilities

Beer Garden Private Accommodation Kitchen Parking Restaurant/Food

Property Financials

Approx. Total Ingoings

£18,750

Annual Rent

£51,000

Additional Information

Potential Turnover: £466,000 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: £51,000 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: £18,750 (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: £25,000 (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.

Properties Nearby

Belle Vue

tenancy

Belle Vue

High Wycombe

Star Pubs & Bars

Approx. Total Ingoings

£9,940

Annual Rent

£17,283
Hour Glass

tenancy

Hour Glass

High Wycombe

Star Pubs & Bars

Approx. Total Ingoings

£10,657

Annual Rent

£19,879