White Hart
Church Street, Hampstead Norreys, Thatcham, Berkshire, RG18 0TB
COMMUNITY LOCAL PUB WITH GREAT HOME COOKED FOOD
The White Hart is a beautiful 16th century pub in the heart of Hampstead Norreys. This community pub is full of character, steeped in history and is surrounded by the beautiful West Berkshire countryside. The pub trades at a 50/50 split between food and drink, with a focus on premium drinks and quality food. The pub is attractive to destination diners as a result, although the White Hart retains a local village feel. The new operator will need to build on this and grow its reputation for its quality offer, whilst playing a larger role in the local community.
Bar
Kitchen
Location
Hampstead Norreys is a village and civil parish in Berkshire, England. It is centred on the small tributary the River Pang, north of Newbury. Newbury is less than 8 miles drive to the South West and Reading only 14 miles to the East. There are various places to explore in the local area including the impressive Basildon Park National Trust site.
Business Information
Annual rent
£20,000
Weekly rent
£385
Entry costs
£14,400
Turnover royalty
n/a
Forecasted Operator Turnover
£300,764
Forecasted Operator Profit (inc machine profit)
£19,626
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£180
Type of Tie
Partial tie: Tied All Beer & All Cider
Agreement
1 Year Foundation Agreement.
Entry costs approximately £14,400, 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 £2,000. Fixtures and Fitting will be rented with weekly payments made.
Deposit
£2,000
Fixtures & Fittings
£0
Legal Admin Fee
£350
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£10,000
Other Costs
£1,150
Total Entry Costs
£14,400
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 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2022 | 57 | 42 | 2,330 |
| 2021 | 33 | 34 | 1,715 |
| 2020 | 26 | 27 | 1,240 |
The trade space has a central bar and two dining rooms.
Trade Bars
1
Trade Dining Areas
2
Trade Kitchens
1
Trade Food Covers
65
Trade Gardens
2
Trade Patio Areas
2
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
40
Current Premises Licence Opening Hours
Sun - Thu 11:00-00:30
Fri - Sat 09:00-02:00
The accommodation comprises 3 bedrooms, lounge, bathroom, toilet and office
Private Rooms
7
Lounge
1
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
0
Offices
1
Bedsits
0
I am seeking a new operator with a passion for food who has the desire to run a community focused destination business. Home cooked food is a must here and the knowledge and willingness to drive high standards will be key to your success. For further information, please contact the recruitment team for further information.
Wayne Farrell, Business Development Manager
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