Argyll

15 Market Place, Henley-On-Thames, Oxfordshire, RG9 2AA

A BUSY TRADITIONAL PUB WITH HIGH STREET LOCATION, AVAILABLE FOR THE FIRST TIME IN FIFTEEN YEARS

The Argyll offers an established business and always guarantees a warm and inviting welcome. The site is famous locally for the quality of its cask ale and home cooked food offer. Two episodes of the popular TV detective series 'Midsomer Murders' were partly filmed in the pub, meaning its the only Pub which can claim to have served drinks to DCI Tim Barnaby and Sgt. Ben Jones at the bar! Internally the Pub is of a traditional style and is well presented. The internal space offers approximately sixty covers. Externally there is a large west facing garden, which offers an additional fifty seats for drinkers or eaters during the warmer months. The pub is located on the High Street, so footfall at all times of the day is guaranteed.

Location

Business Information

Annual rent

£49,000

Weekly rent

£942

Entry costs

£45,125

Turnover royalty

n/a

Forecasted Operator Turnover

£466,176

Forecasted Operator Profit (inc machine profit)

£48,806

Forecasted Operator Machine Profit

£0

#}

Average Beer & Cider Discount*

£72

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Standard Tenancy Agreement A fixed 5 year term

Entry costs approximately £45,125.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £20,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period

Deposit

£12,250

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£10,000

Other Costs

£1,150

Total Entry Costs

£45,125

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.

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 124 1,972 3,636
2018/19 127 1,959 3,733
2017/18 125 2,122 3,598

The internal trading space is a large area with seating for sixty drinkers or diners. There is a large well proportioned bar, with kitchen situated to the rear. There is rear access to the garden and car park, which offers off road parking for twelve vehicles

Trade Bars

Yes

Trade Dining Areas

Yes

Trade Kitchens

Yes

Trade Food Covers

60

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

0

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

12

Current Premises License Opening Hours

Sun-Thu - 09:00 - 00:30
Fri-Sat - 09:00 - 01:30

Large well set out living accommodation to the first floor with three double bedrooms, lounge and kitchen.

Private Rooms

8

Lounge

Yes

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an enthusiastic operator who can continue the excellent work of the current licensee and propel the Argyll to new heights. This site has an excellent reputation locally for cask beer and its strong food offer. The garden is also a real attraction for customers as it is west facing and is a lovely place to sit and drink or eat on a summer’s day. If you think you could be the perfect operator for this great pub, then please contact our recruitment team for further information.

Barrie Aspinall, Business Development Manager

Apply for this property

The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.