Emmbrook Road, Wokingham, Berkshire, RG41 1HG
An excellent opportunity on the outskirts of Wokingham for an experienced operator to take over this established community pub and create a unique accommodation offering with 12 en-suite letting rooms.
The Emmbrook Inn is a fantastic opportunity for an experinced person to develop this robust business taking it to the next level. Being part of the community is a must, with experience in promoting local events. It is essential that any potential operator has experience in running a local community site where sports are a large part of the offering. In addition there is a unique opportunity to develop the 12 letting rooms and create the best
The site has a good sports offering with Sky TV and BT sports. A one bar site with an excellently positioned patio to the front of the site. To the rear you have a well equipped trade kitchen and a ground floor cellar with easy access. The car park is to the rear of the plot and has parking for 20 cars. Situated in a separate block, there are 12 en-suite letting rooms with tremendous potential.
|Car park spaces||20|
|Rooms to let||12|
The accommodation comprises of 2 double rooms, 1 large lounge, 1 office and 1 x bathroom with bath tub, seperate shower & toilet.
|Annual rent||£57,500 per annum|
|Weekly rent||£1,105.77 per week fixed|
£57,500 per annum. £1105 per week fixed and subject to RPI adjustment which is capped. Paid weekly by direct debit. Machine income FOT
Entry costs approx £57,450 which includes Fixture & Fittings, stock glassware , crockery , cutlery fuel and cleaning materials, legal, brokers and stocktaking fees.Training fees, schedule of condition, working capital and a depsoit (25% of head rent, Min £6,000)
|Fixtures & fittings||£25,000||Working capital||£20,000|
|Other costs||£5,000||Total entry cost||£57,450|
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)|
|Volume notes||Please note that this site is currently free of tie for wines and spirits.|
The Emmbrook Inn is situated on the edge of Wokingham. Wokingham is a historic market town in Berkshire, 39 miles (63 km) west of London, 7 miles (11 km) southeast of Reading, 8 miles (13 km) north of Camberley and 4 miles (6 km) west of Bracknell. Easy access to the M4 & M3.