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Plough & Horses, Cove, Farnborough, Hampshire Pub Tenancy For Sale

Farnborough, Hampshire, UK
Asking Price:
£18,500 Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

The Plough & Horses is a community led, family friendly pub & restaurant located in Cove, an ancient village turned suburb in Farnborough, Hampshire.

Positioned in a prominent spot on the corner of Fleet Road and St Johns Road, the Plough and Horses sits within a well populated, residential area and it has the Cove locals at the very heart of everything that it does.

The pub currently trades seven days a week, from 11am until 11pm Sunday to Thursday and from 11am until midnight on Fridays and Saturdays. It provides its customers with a wide range of events to keep them returning week after week, to include Monday night bingo, Wednesdays quiz night, live sports, discos, karaoke and regular well attended tribute nights. The kitchen at the Plough & Horses is open every day from 12noon until 8pm and it offers up a great range of hearty, home-cooked pub classics together with a pizza menu, bespoke children’s menu and an ever-popular Sunday lunch.

Internally at the Plough & Horses you will find a large open plan trade area with low ceilings, open fireplaces and a warm cosy feel. The main bar area houses a feature servery and table seating for approx.20 covers and the restaurant dining area caters for a further 50 covers.

The outside space lends itself well to the warmer weather and includes an enclosed back garden with children’s play equipment, built in seating and bench tables for approx.30 covers along with a large private customer car park to the side of the property.

The first-floor tenants’ accommodation has its own private entrance and includes three large double bedrooms, a lounge, kitchen/diner, bathroom, utility room and its own private courtyard garden.

The Plough & Horses is looking for new tenants to take over the site in mid-July 2024 and it needs an operator that will immerse themselves in to village and the community way life in Cove. Together with a full 5-year agreement, Shepherd Neame may also consider offering a flexible 1-year agreement at this site, so please contact us now for more information.

Property Information

Property:

Tenancy

Tenancy Terms:

This pub is being offered on a traditional rolling tenancy agreement that is subject to a five year rent review
This agreement is covered by the ‘Landlord & Tenant Act’
This is a fully tied agreement across all beer, cider, wine, PPS, spirits and minerals

Tenancy Rent:

£40,300 per annum

Living Accommodation:

First floor tenant accommodation includes private entrance and courtyard garden, three large double bedrooms, lounge, kitchen/diner, bathroom and utility room

Energy Performance Rating:
C

Other Information

Furniture / Fixtures value:
£25,000
Inventory / Stock value:
£3,000 - included in the asking price
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