| Under Offer

White Horse

Easthampstead Road, Wokingham, Berkshire, RG40 3AF

Pub overview

A true country dining pub that is situated in a great location with a large car park close enough to housing and a large trading estate full of existing and potential customers.

The pub currently trades well as a destination food site with lunchtime and evening trade coming from Wokingham, the nearby trading estate and surrounding area. It has a fantastic reputation for Sunday lunch. The opportunity is to maintain the current level of trade and increase it by putting your personal stamp on the business.

The bar area is an open plan which is subtley broken into 3 distinct areas. There is access from the bar area to the rear of the property to a garden and patio and a covered smoking area. There is a separate garden/patio area to the front of the site again accessed from the bar area. The kitchen and cellar are situated behind the bar with further storage in an outside bottle store. To view a 360 degree tour of the pub please copy and paste this into your web browser http://bit.ly/1QgIDVe

Trade space
Bars 1
Car park spaces 22
Dining rooms 1
Food covers 65
Gardens 2
Trade kitchens 1
Patio areas 2

A large accommodation with all the rooms feeding off a central landing which allows for versatility when selecting use.

Private space
Private Rooms 7
Lounge 1
Single Bedrooms 1
Double bedrooms 2
Bathrooms 1
Toilets 1
Office 1

Rent information

Annual rent £32,500.00 per annum
Weekly rent £625.00 per week fixed
Notes

£32,500 per annum, £625.00 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check.

Entry Costs approx £35,300 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). Please note that the cost of fixtures and fittings may be available on an assisted purchase scheme and could reduce your initial entry cost considerably.

Brokers £675.00 Legal £825.00
Deposit £6,000.00 Stocktaking fees £150.00
Fixtures & fittings £18,000.00 Working capital £5,000.00
Other costs £4,650.00 Total entry cost £35,300.00

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•50/50 profit split of machines income
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

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.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2015/16 94 1,202 3,710
2014/15 99 1,181 3,601
2013/14 106 1,312 4,018
Volume notes

Location

Situated only 1.1 miles from Wokingham town centre with schools nearby. 10 minutes drive away is the Southern Industrial Area which houses Waitrose HO, Dell Computers HO and Fujitsu and many more.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Monday to Friday 09:00 - 01:00 Saturday 09:00 - 02:00 Sunday 07:30 - 00:00

Contact Us

Graeme Marley

Business Development Manager

Call us today 0845 607 5330

Apply online
“ An outstanding opportunity to run a true country local pub which overlooks green fields situated in Wokingham Without. It has a great reputation for food, drink and country atmosphere. ”