The Halfway is a destination country inn brimming with charm and hospitality. The Halfway has an excellent reputation, a loyal clientele and offers one of the best quality dining experiences in the region.
Newbury is a market town in Berkshire, England, which is home to the administrative headquarters of West Berkshire. The town centre, around its large market square, retains a rare medieval Cloth Hall, an adjoining half timbered granary, and the 15th Century St Nicolas Church, along with 17th and 18th Century listed buildings. As well as being home to Newbury Racecourse, the town houses the headquarters of Vodafone UK and software company Micro Focus International.
Key attractions within a short drive are Highclere Castle (famously filmed as Downton Abbey), Welford Park, the Living Rainforest, Shaw House, Donnington Castle and the Kennet & Avon Canal.
Well situated on the Bath Road this pub features a strong roadside presence as a traditional public house. The garden and patio benefits from a wood fired pizza oven. Internally the décor is a unique reflection of the personalities of the current operators which the regular guests love. There is an opportunity for an incoming food focused operator to be involved in working up an internal scheme that is in keeping with their future vision for the pub.
There is extensive domestic accommodation comprising 4 bedrooms, 2 bathrooms, a lounge, kitchen and office.
- Rent: 10% of Net Turnover. Initial Base Rent: £32,000 per annum. Anticipated post investment Base Rent of £60,000, Capped at £95,000 per annum.
- Initial Investment: £30,000 to £60,000
- Fair Maintainable Trade* (FMT) Turnover: 615k per annum