Description and Trading Style
This is currently a wet led pub well supported by locals with a pizza and bar menu with daily special. There are special events from time to time. The pub and rooms are pet friendly.
Location and Local Amenities
The pub is situated on the main road in Wallingford at the end of the town centre. The pub's location is close to the River Thames provides a haven for walkers and amblers. There is a long stay car park within a short walking distance.
Trade: 2 bar areas (approx. 30 covers), WC's including disabled, kitchen, cellar, beer garden (approx. 40 covers), stores, 3 ensuite letting bedrooms (all beds can be singles, twin or doubles) with separate access. One room is big enough for an additional single bed to make a family room.
Private: 2 double bedrooms, sitting room, bathroom/WC.
Current and Future Markets
The opportunity is to further develop the wet and dry trade and occupancy rates for the letting rooms.
We seek experienced operators ideally with letting room experience.
Applicants must have or be able to apply for a personal licence.
Circa £10,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware and loose goods and training deposit. Fixtures & fittings are circa £16,000 and working capital is circa £3,000.
|Trade Volumes||2015||2016||2017||To 21.12.18|
|Draught Beer and Cider (36 gallon units)||115.43||114.01||131.47||94.76|
|Minerals (10 litres)||157.68||152.94||110.93||57.97|
You will need to estimate the turnover you expect from the pub. The current barrelage is given to assist you with calculations, but you need to estimate the food sales.
£22,000 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents.
Enhanced tenancy terms available.
Five year renewable tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar cooling equipment etc. There is a full wet tie unless agreed otherwise,
Rateable valueDraft 2010 figure £14,000. Please contact the local authority to find out actual rates payable.
Licenses & PermitsSale of alcohol by retail for consumption on and off the premises, live and recorded music.
Permitted hoursMon - Sat: 11.00am - 23.00pm; Sun: 12.00 Noon - 22.30pm.
Current Opening Times
Mon – Sat 11am – 11pm, Sun 12pm – 10.30pm Food times: Mon – Sat 12pm – 2pm & 6pm – 9pm, Sun 12pm – 2pm