Emmbrook Inn

Emmbrook Road, Wokingham, Berkshire, RG41 1HG

A true community Pub, with twelve letting rooms!

The Emmbrook Inn is 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 twelve en-suite letting rooms. The Emmbrook Inn is truly operating at the heart of the local community with an excellent wet led trade and focus on live sport. The introduction of food is a massive opportunity which is waiting to be unlocked.

Location

Business Information

Annual rent

£20,000

Weekly rent

£385

Entry costs

£32,875

Turnover royalty

n/a

Forecasted Operator Turnover

£272,047

Forecasted Operator Profit (inc machine profit)

£19,744

Forecasted Operator Machine Profit

£3,000

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Average Beer & Cider Discount*

£72

Type of Tie

Partial tie: Tied All Beer & All Cider

Agreement

Standard Tenancy Agreement A fixed 5 year

Entry costs approximately £32,875.00, 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 £19,000 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

£6,000

Fixtures & Fittings

£19,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£32,875

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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2019/20 124 43 1,526
2018/19 132 0 1,059
2017/18 155 1 1,193

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. To the rear of the site, 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 twenty cars. Situated in a separate block, there are twelve en-suite letting rooms with tremendous potential.

Trade Bars

Yes

Trade Dining Areas

No

Trade Kitchens

Yes

Trade Food Covers

20

Trade Gardens

Yes

Trade Patio Areas

Yes

Trade Rooms to Let

12

Meeting Rooms

No

External Child Play Areas

No

Function Rooms

No

Customer Car Park Spaces

20

Current Premises License Opening Hours

Mon-Thu - 07:00-01:30
Fri-Sat - 07:00-02:30
Sun - 08:00-12:30

The accommodation comprises of two double rooms, one large lounge, one office and one bathroom with bath tub, seperate shower and toilet.

Private Rooms

6

Lounge

Yes

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

0

Offices

1

Bedsits

0

BDM Portrait

The Emmbrook Inn is a fantastic opportunity for an experienced 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. If you have the necessary skills we require to make this venture a success, please contact the recruitment team

Graeme Marley, Business Development Manager

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