Crowthorne Inn
119 High Street, Crowthorne, Berkshire, RG45 7AD
A WET LED TOWN DRINKERS PUB
The Crowthorne Inn at Crowthorne is a two bar town drinking site with a community feel. Part of the young person’s circuit together with a more mature clientele, there is no food being offered currently, but there is a galley kitchen that could provide a value food offering for office workers and shoppers alike. The new operator should have a strong personality and be experienced in running a town drinking house, creating a community feel. Being able to drive the sports scene whilst creating a robust rhythm of the week will be crucial to success.
Kitchen
Patio
Location
Crowthorne is a village and civil parish in the Bracknell Forest district of south-eastern Berkshire. It had a population of 7,806 at the 2021 census. Crowthorne is very central with Wokingham, Sandhurst, Bracknell and Ascot a short drive away.
Business Information
Annual rent
£36,000
Weekly rent
£692
Entry costs
£29,875
Turnover royalty
n/a
Forecasted Operator Turnover
£494,150
Forecasted Operator Profit (inc machine profit)
£34,956
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£126
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement. A fixed 5 year term.
Entry cost is approximately £29,875 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £12,000. 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
£9,000
Fixtures & Fittings
£3,000
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£15,000
Other Costs
£1,150
Total Entry Costs
£29,875
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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 232 | 0 | 2,738 |
| 2022 | 222 | 4 | 2,147 |
| 2021 | 156 | 0 | 1,652 |
This is a two bar site on the high street with a small car park to the rear of the site ( 6 spaces), a well- positioned galley kitchen and a ground floor cellar with excellent access into the car park. The toilet are located in the middle of the site, with good access to both bars. To the side of the site there is good patio area.
Trade Bars
2
Trade Dining Areas
0
Trade Kitchens
1
Trade Food Covers
20
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
6
Current Premises Licence Opening Hours
Sun-Wed: 11:00-23:30
Thu-Sat: 11:00-00:30
The accommodation comprises two bedrooms, lounge, bathroom and toilet.
Private Rooms
5
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
0
Offices
0
Bedsits
0
An experienced operator who can run a town drinking house, promote the games scene and create the community feel would be the ideal fit for this pub. There is an opportunity to create a value driven food offer, which would work well at lunchtimes.
Graeme Marley, Business Development Manager
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