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Three Lions

Meadrow, Farncombe, Surrey, GU7 3HR

The Three Lions is a traditional style community pub, with a great music following located in Farnham, Surrey.

Key features

Sat in a prominent corner plot on the on the A3100 between Guildford and Godalming, you will find the Three Lions, Farncombe.

Dating back to the 18th Century, the Three Lions is an historic, characterful pub boasting authentic oak beams, a real open fire for the colder months and plenty of warm atmosphere.

A true favourite with the Farncombe locals, the Three Lions is known as the home to live music in the area. There is always plenty going on, with bands and artists playing every weekend and a traditional pub quiz every Wednesday.

Food is also on offer, with a varied traditional pub style menu available every day for lunch and dinner.

Internally the Three Lions houses a well maintained feature bar servery, an open plan drinking space and a raised stage for live music which can also be doubled up as extra dining space.

There is great outdoor space available to include a garden to the back of the property with a covered heated area, bench seating to the front of the pub and a large private customer car park.

The Three Lions is looking for an experienced operator that enjoys running a true community locals pub with live music at the heart of it. There may also be the opportunity to develop the existing food offer at this business.

For more information or to arrange a viewing please contact the Trade Recruitment Co-ordinator now on 01795 542132.

Floorplan

THREE LIONS, FARNCOMBE 

Sat in a prominent corner plot on the on the A3100 between Guildford and Godalming, you will find the Three Lions, Farncombe.

Dating back to the 18th Century, the Three Lions is an historic, characterful pub boasting authentic oak beams, a real open fire for the colder months and plenty of warm atmosphere.

A true favourite with the Farncombe locals, the Three Lions is known as the home to live music in the area. There is always plenty going on, with bands and artists playing every weekend and a traditional pub quiz every Wednesday.

Food is also on offer, with a varied traditional pub style menu available every day for lunch and dinner.

Internally the Three Lions houses a well maintained feature bar servery, an open plan drinking space and a raised stage for live music which can also be doubled up as extra dining space.

There is great outdoor space available to include a garden to the back of the property with a covered heated area, bench seating to the front of the pub and a large private customer car park on site.

The Three Lions is looking for an experienced operator that enjoys running a true community locals pub with live music at the heart of it. There may also be the opportunity to develop the existing food offer at this business.

For more information or to arrange a viewing please contact the Trade Recruitment Co-ordinator now on 01795 542132.

BAR & RESTAURANT   

Feature bar servery with open plan drinking and dining areas, raised stage for live music

KITCHEN

Small well equipped trade kitchen

OUTDOOR & PARKING

Large walled trade garden with heated and covered area for around 50 covers in total, bench seating to the front of the property. Large customer car park to the front and side of the building

PRIVATE ACCOMMODATION

3 double bedrooms, lounge, dining room, office and bathroom

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Repair scheme
+ monthly payments £50
£1000
Inventory£15000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£3000
Working capital£1000
Training deposit
£750 refundable on completion of training
£5000
Total estimated ingoings£30500

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£15500
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£TBA£TBA£TBA
Per week£TBA£TBA£TBA

Council tax

Band B

Non Domestic Business Rates

RATEABLE VALUE - £28,400

MULTIPLIER 2018/2019 - 0.480

ESTIMATED RATES PAYABLE - £12,314

TRANSITIONAL RELIEF APPLIES AT THIS SITE - For more information, please contact the local authorities

  • 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

2018 2017 2016 2015
All beer and cider
Barrels
218 227 257 263
Wine
Gallons
530 537 574 600
PPS
Gallons

Premium packaged spirits (eg WKD)
8 14 14 20
Traditional Spirits
Gallons
28 36 55 57
Minerals
Ready to drink litres
2758 3005 2925 3327

Estimated food turnover

Currently £750 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 - 00.30
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 - 23.00

Agreement Overview

  • This pub is being offered on a traditional rolling tenancy agreement that is subject to a three 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