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Cock Horse, Hildenborough

London Road, Hildenborough, Tonbridge, Kent, TN11 8NH

Located in Hildenborough,Tonbridge, the Cock Horse is a destination dining Pub & Restaurant that has recently benefited from an external refurbishment scheme and a redecoration of the internal trade areas.

Key features

  • Dining Pub & Restaurant 
  • Located on the main B245, London Road, Hildenborough
  • Recent external refurbishment scheme and internal redecoration
  • Two tiered decking area at back of the property
  • Customer car parking 
  • Available quickly 

Floorplan

THE COCK HORSE

Shepherd Neame is looking for new tenants to take on the running of the Cock Horse Inn in Hildenborough, Tonbridge.

Built in 1502, the Cock Horse is a former coaching inn which takes its name from the heavy horses which used to help drag  stagecoaches up a steep hill to the next village.

Located on the main B245, London Road, the Cock Horse is a traditional  destination dining style pub & restaurant that has recently benefited from an external refurbishment scheme and a redecoration of the internal trade areas.

Internally you will find a feature bar servery with an open plan bar area and restaurant dining space for around 30 covers. Externally to the back of the property there is a two tier decked garden space with seating together with customer car parking for around 30 cars.

The Cock Horse is looking for experienced food loving tenants that possess the passion and enthusiasm          required to further develop both sides of the trade at this site.

For more information or to arrange a formal viewing of the site, please contact us on 01795 542132.

BAR & RESTAURANT   

Feature bar servery, open plan bar & restaurant space for approximately 30 covers

KITCHEN

Good sized and well equipped trade kitchen

OUTDOOR & PARKING

2 tier decked area to the back of the property and customer car parking for approximately 30 cars

PRIVATE ACCOMMODATION

4 double bedrooms, lounge, dressing room off of the lounge, office, bathroom and WC

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Dilapidations
+ monthly payments £50
£1000
Inventory£15000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£4000
Working capital£4000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£30500

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£30500
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£38896£39884£40924
Per week£748£767£787

Council tax

Band B

Non Domestic Business Rates

Rateable Value 2018 - £11,800

Multiplier 2018/2019 – 0.466

Estimated Rates Payable 2018/19 - £0

  • As at the time of publishing, the estimated rates payable, are based upon the assumption that the tenant occupies the maximum of one pub and therefore qualifies for small business rates relief.
  • We have also applied the relevant multipliers and estimated transitional relief where applicable.
  • The above calculations are estimations only and as rateable values are subject to change, we would recommend that the prospective new tenant checks the rates payable and any other relief prior to completing a financial plan.
  • Please note that we have not yet applied the Governments Pub relief of £1,000 on rates payable as many councils have yet to confirm.

Trading information

Trade

Year ending 30 June

2015 2016 2017 2018 (July-Dec 2017)
All beer and cider
Barrels
72 73 68 29
Wine
Gallons
383 374 367 143
PPS
Gallons

Premium packaged spirits (eg WKD)
0 0 0 0
Traditional Spirits
Gallons
9 8 9 3
Minerals
Ready to drink litres
2447 1720 1932 964

Estimated food turnover

£1,000 - £1,200 per week approximately

Shepherd Neame has no access to the tenant's food turnover figures. Please note this figure is estimated as accurately as possible at time of publishing.

Licence information

Hours authorised by the premises licence

Supply of alcohol, background music and provision of late night refreshment.

Sunday - Thursday - 10.00 - 00.00
Friday - Saturday - 10.00 - 01.00

Open to the public

Sunday - Thursday - 10.00 - 00.30
Friday - Saturday - 10.00 - 01.30

Live music

Monday - Sunday - 10.00 - 00.00

Agreement Overview

  • 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
  • Any deviation from the standard terms outlined above should be discussed at interview stage with your designated Business Development Manager
  • Please note that we require all licensees to pass the Pre-Entry Awareness Training Course (PEAT) a minimum of five days before you can attend a formal shortlist interview with us. Please ask us for more information about PEAT if required
  • You can see our code of practice at the top of this page.