Property Description

Complete transformation of riverside pub in Surbiton. The Surbiton Fox offers a great opportunity for someone who wants to take on a well-backed, fully refurbished pub with plenty of potential. What would you do with this pub to make it even more of a success? The area: The pub benefits from being one of 12 in Surbiton, serving around 6,655 adults within walking distance. The customer base includes a large number of young professionals alongside families, with the area noted for its affluence and strong community feel. Located on the River Thames and close to Kingston and Hampton Court Palace, the pub will benefit from strong local and visitor footfall. The offer: The Surbiton Fox is available on our investment tenancy agreement. Click here for more information on this agreement. The refurbishment will deliver a quirky, cool, one-of-a-kind pub with a bespoke food and drink offer. With craft-focused premium brands on the bar, smash burgers and pizza from the kitchen, and bean-to-cup coffee, it will appeal strongly to young professionals and families looking for something different to mainstream managed offers. We’re always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the Surbiton Fox will be innovative and engaging, able to build strong connections with the younger local community and deliver memorable experiences. 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 Surbiton Fox will be undergoing a full internal and external refurbishment, including a complete rebrand and new name. Inside, the pub will be transformed with defined zones including snug, bar and informal dining. Externally, the pub will benefit from full redecoration, new signage and refreshed outdoor areas. A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads. The pub’s trading area and facilities post refurbishment will be: Main trading area with bar 78 internal covers 74 external covers Catering kitchen HEINEKEN SmartDispense® Zoned spaces including snug, bar and informal dining Beer garden 5-bedroom private accommodation 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 5 bedrooms.

Premises licence available on request.

Agreement Type

Investment Tenancy

Property Facilities

Refurbishment Planned Live Sports Live Music Kitchen Private Accommodation

Property Financials

Approx. Total Ingoings

£59,425

Annual Rent

£47,500

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.

Whether you’re new to the industry or you’ve got a portfolio of pubs, we’ve been helping talented publicans create amazing pubs for decades. Find out how we can help you meet your ambitions and take the next step.

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