Facilities

Function Rooms
Commercial Kitchen

EXCITING TOWN CENTRE OPPORTUNITY

The Newbury is a two storey business set in the main commercial shopping area of this Berkshire town. The pub has a large downstairs trade area consisting of approximately 80 covers and also includes a private dining area. Upstairs there is a further trade are...

Important Information

Annual rent £40,000
Additional information N/A
Weekly rent £769
Entry costs £35,750
Turnover royalty 4%
Forecasted operator turnover £818,247
Forecasted Operator Profit (inc machine profit) £58,006
Forecasted operator machine profit £0
Average Beer & Cider Discount* Preferred
Type of Tie Partial tie: Tied All Beer & All Cider
Agreement Our 5 year Turnover Tenancy Agreement reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net sales.
Machine Product Agreement Unrestricted (100% to licensee)
Entry cost is approximately £35,750 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.
Deposit £10,000
Additional Information N/A
Estimated Fixtures & Fittings Value £10,750
Estimated Stock Value £8,000
Estimated Working Capital £7,000
Estimated Entry Cost £35,750

Karen Howell

Business Development Manager

‘I have spent over 20 years with Greene King, including 12 years as a General Manager and 8 years (and counting!) as a Business Development Manager in pubs and hotels. Hospitality is in my DNA, having grown up in a family dedicated to the trade. My experience with various pub companies has taught me to understand customer needs before they do. Observing the competition and experiencing the business from the customer's perspective is crucial.’