Property Description
A refurbishment investment of approximately £285,000 is planned to transform Horseshoe Croft into a premium local at the heart of the village. What would you do with this pub to make it a success?
Positioned in the centre of Croft, a beautiful and quiet village in north Cheshire, the pub has long been part of the community but is currently tired and underperforming. The refurbishment will completely reposition it, creating a stylish yet welcoming space that reflects modern expectations while staying true to its village roots.
About the area
The pub sits right in the centre of the village, placing it at the epicentre of community life. With 1,154 adults living within walking distance, there is a strong local catchment ready to be re-engaged. The area has a premium village feel and benefits from visitors travelling in from surrounding parts of Cheshire and north of Warrington.
There is only one direct competitor in the area, presenting a clear opportunity to establish this pub as the go-to destination locally. Currently, trade is predominantly wet-led, with a 64 percent wet to 36 percent dry split. The customer base is loyal but more mature, with limited younger custom and a reliance on weekend trade. The refurbishment will broaden the appeal, attracting families, casual diners and younger professionals looking for after-work socialising, while retaining existing regulars.
Demographics
The scheme is designed to attract a broader and more diverse customer base. Post refurbishment, the pub will appeal to:
Local villagers seeking a premium but relaxed place to drink and dine
Families and casual diners looking for quality food in a welcoming setting
Younger professionals for after-work drinks and social occasions
Visitors from further afield drawn by a revitalised village destination
The offer
Horse Shoe Croft is available on our investment tenancy agreement. Click here for more information on this agreement.
The finished offer will combine a quality food menu, a strong drink selection including cask ale, and a coffee offer to drive daytime trade. With a new games and sports zone and improved dining spaces, it will cater for everything from relaxed lunches to lively evenings.
Who we're looking for
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
Understanding of the local community would be preferred but not essential
You know what it takes to build a successful business and drive trade
You love hospitality and are great with customers
Ideally worked with food previously and has a clear vision for your food & drinks menu
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
The refurbishment will cover both the interior and exterior of the pub.
The pub's trading area and facilities post refurbishment will be:
Main trading area with bar
Separate dining room
Snug area
Separate games and sports zone
Catering kitchen
Function room
HEINEKEN SmartDispense
Two-bedroom private accommodation
Pub garden
57-space car park
66 internal covers
68 external covers
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private accommodation consists of two bedrooms, a living room, bathroom.
Premises license available on request.
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Kitchen
Outdoor Trade
Pub Games
Parking
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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.