27 Bramshill Close, Arborfield, Reading, Berkshire, RG2 9PL
Excellent opportunity in Arborfield to develop a robust business in the heart of the community with a value food offering.
The Bramshill Hunt is a fantastic opportunity for an experienced operator or couple to take over this community site. It is essential that the applicants have the experience in running pubs and that they are at the heart of the community. Furthermore, sports and local events are vital to the success of this site. The site has the facilities to introduce a value food offering and the garden and patio areas are key assets in the summer months.
Well positioned two bar site. It has a large car park with circa 20 spaces a good sized garden and patio area. It also has a small children's play area to the rear of the site which is a great facility in the summer months. The Ground floor kitchen has good access and ample storage area with the cellar located to the side of the kitchen on the ground floor.
|Car park spaces||20|
|Child play areas||1|
Practical accommodation that will need refurbishing
|Annual rent||£29,500 per annum|
|Weekly rent||£567.31 per week fixed|
£29,500 per annum, £567.30 per week fixed and subject to annual RPI adjustments, which is capped. Paid weekly by direct debit. Machine income is free of tie
Entry costs approx. £37,000 which includes fixture & fittings, stock glassware, crockery, cutlery, fuel and cleaning materials, legal fees, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of the head rent, minimum £6,000)
|Fixtures & fittings||£15,000||Working capital||£10,000|
|Other costs||£3,000||Total entry cost||£37,000|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
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)|
Situated in the heart of the community on the edge of Arborfield, the pub is a stones throw from away Reading, Bracknell and Wokingham. Just down the road from the site is an ex-army barracks that is currently undergoing a major development with c 750 new houses planned, the first phase being reading autumn of this year.