Park Road, Bracknell, Berkshire, RG12 2LU
After undergoing a transformational investment, the Boot is a character property in a pleasant residential suburb of Bracknell, a convenient location for the passing trade of the town centre shops and offices.
Offering a warm welcome to all that visit, the Boot is a characterful pub with lots to offer. The site underwent a transformational refurbishment in 2017. The spacious layout provides flexibility for drinking and leisure. The external patio and beer garden, with beach huts for alfresco dining, are a strong attraction.
This site will suit experienced operators with good catering skills. High standards of hospitality and interpersonal skills will be advantageous in this mixed community environment. The ability to promote trade through marketing and public relations will be essential, as well as being able to keep the pub at the centre of community.
The pub is a one bar operation, serving two main trade areas with informal dining throughout. A well positioned trade kitchen provides good access to all trade areas. There is also a ground floor cellar with good access for deliveries.
|Car park spaces||40|
The private accommodation consists of 3 bedrooms (2 double and 1 single), lounge, private kitchen and bathroom.
|Annual rent||£39,000 per annum plus 6.0% Turnover Royalty|
£39,000.00 per annum, £750.00 per week fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.
Approx £70,800.00 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent). Fixtures and fittings still to be valued. **Please note all fixtures and fittings were part of the refurbishment in 2017, this is currently advertised at 50% and full cost would be £100,000 pending valuation. Assisted purchase is available for the right applicant.**
|Fixtures & fittings||£50,000||Working capital||£10,000|
|Other costs||£1,150||Total entry cost||£70,800|
Our Turnover Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net turnover sales.
• A 5 year, fixed term agreement, contracted out of the Landlord and Tenant Act 1954.
• Basic rent plus a Turnover Royalty percentage.
• Basic rent subject to capped annual changes in the Retail Price Index (RPI) only with no rent reviews.
• Flexible tie variations available.
• Discounted price list unique to the Turnover Agreement.
• Greene King is responsible for the structure of the building.
• Ability to end agreement with 6 months’ notice and payment of a Standard Notice Fee (3 months’ basic rent). Notice can be served
at any time.
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Bracknell has a good retail town centres which has had major investment over the last 2 year, leisure activities and access to attractive country areas. There is a high proportion of I.T. and related service industries in the town and extensive housing developments. All of these are attracting new families to the town.