- Recruiter
- Star Pubs & Bars Leased & Tenancy
- Location
- High Street, Reading, RG8 7DB
- Salary
- To be discussed
- Ref
- 1604344846
- Starts
- Closes
Pub Overview
The Ferry Boat inn is in the picturesque village of Whitchurch on Thames, just outside Pangburne. The pub is surrounded by residential housing. The Grey Hound is the only other pub close by. This provides great opportunity to make this successful destination food pub the place to go as it is the only pub in the village serving food.
The pub benefits from being one of 4 pubs found in an area of around 1007 adults. The main customer base is affluent and made up of Mature households, high achieving families and asset rich families.
The Pub is currently the pub is known for serving good food and wine. Can you build on this success and deliver a great food offer and great atmosphere that would draw people from further afield? If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you've been waiting for, apply today and tell us what you can bring to this pub's next chapter.
Features
Trading Area & Facilities
Private Accommodation
Private accommodation consists of 3 small bedrooms with en suite, a living room, bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Annual Rent £
29,518
Estimated Annual Turnover £
338,481
Deposit £
7,380
Estimated Fixtures & Fittings Value £
9,739
Estimated Stock Valuation £
7,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
36,380
Estimated Minimum Ingoing Costs £
28,119
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The Ferry Boat inn is in the picturesque village of Whitchurch on Thames, just outside Pangburne. The pub is surrounded by residential housing. The Grey Hound is the only other pub close by. This provides great opportunity to make this successful destination food pub the place to go as it is the only pub in the village serving food.
The pub benefits from being one of 4 pubs found in an area of around 1007 adults. The main customer base is affluent and made up of Mature households, high achieving families and asset rich families.
The Pub is currently the pub is known for serving good food and wine. Can you build on this success and deliver a great food offer and great atmosphere that would draw people from further afield? If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you've been waiting for, apply today and tell us what you can bring to this pub's next chapter.
Features
- Catering Kitchen
- Foundation Tenancy
- Function Room
- Smoking Area
- Car Park
- Outdoor Trade
- Private Accommodation
Trading Area & Facilities
- One bar operation - less staff needed
- Separate dining room
- 40 internal covers
- 15 external covers
- Operational kitchen
- Function room
- Small courtyard garden
- Car park with 10 spaces
Private Accommodation
Private accommodation consists of 3 small bedrooms with en suite, a living room, bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Annual Rent £
29,518
Estimated Annual Turnover £
338,481
Deposit £
7,380
Estimated Fixtures & Fittings Value £
9,739
Estimated Stock Valuation £
7,500
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
36,380
Estimated Minimum Ingoing Costs £
28,119
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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