Coachmakers Arms

37 St Marys Street, Wallingford, Oxfordshire, OX10 0EU
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Letting Details

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.

Accommodation

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.

Requirements

We seek experienced operators ideally with letting room experience.
Applicants must have or be able to apply for a personal licence.

Estimated Ingoings

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 2016 2017 2018 To 4.6.19
Draught Beer and Cider (36 gallon units) 114.01 131.47 97.11 34.33
Packaged (litres) 239.76 491.76 175.56 92.40
Minerals (10 litres) 152.94 110.93 58.67 28.16
Spirits (litres) 186.00 452.35 183.10 60.30
Wines (litres) 799.29 1,191.65 1,116.30 378.45

Estimated Turnover

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.

Guide Rent

£22,000 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents.

Enhanced tenancy terms available.

Terms

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 value

Draft 2010 figure £14,000. Please contact the local authority to find out actual rates payable.

Licenses & Permits

Sale of alcohol by retail for consumption on and off the premises, live and recorded music.

Permitted hours

Mon - Sat: 11.00am - 23.00pm; Sun: 12.00 Noon - 22.30pm.

Current Offerings

Serves Food
Hold a party 
Stay the night 
Places to Walk
Garden / Patio
Family friendly
Disabled access 
Dog friendly 
Wifi access 

Current Opening Times

Mon – Sat 11am – 11pm, Sun 12pm – 10.30pm Food times: Mon – Sat 12pm – 2pm & 6pm – 9pm, Sun 12pm – 2pm