Run a Stonegate Pub - Kings Head Thatcham, Berkshire

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About the Pub

The Kings Head sits on the A4 heading out of Newbury towards Reading, on the entrance into Thatcham town centre. A standalone pub with a shopping arcade and market square immediately adjacent, the Kings Head is well-regarded and at the heart of the community. The internal trading area is in good decorative order and benefits from three distinct spaces; the main bar, lounge bar and a dining area. Externally, a well-maintained beer garden with a smoking solution proves a popular asset in the warmer months. We are interested in speaking to publicans who can grow this already well-established business.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £11250
Fixtures / Fittings: Est. £8500
Guide Rent: £19000 pa
Potential Turnover: £360000 pa

Regional Manager's Thoughts

The Kings Head is a well-regarded pub at the heart of the community. It benefits from a regular local’s trade, as well as the golf society and other sports teams who are very supportive of the pub. This is a wet-led business; therefore, it is essential that the new publican has the ability and knowledge required to increase trade. This can be done through the provision of team sports, building on the good relationships with the local community, and be willing to be involved in all aspects of life in the locality. The new publican should implement a varied food offer and introduce a quality entertainment schedule to make the Kings Head the go-to venue in Thatcham. There is an exciting investment planned here with a £40k cappex scheme to create internal sparkle and a stunning garden.

Surrounding Area

Thatcham is a town in the ceremonial and historic county of Berkshire. It is located three miles east of Newbury and 15 miles west of Reading. Newbury Racecourse and Rugby Club are just over three miles from the pub. The busy A4 road passes through Thatcham, providing excellent links to neighbouring towns and villages. It also lies on the River Kennet and Avon Canal, and sees an increase of visitors in the warmer months when holiday makers visit the area. Thatcham has close railway links to London Paddington and Bedwyn.

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