Dew Drop Inn

Honey Lane, Hurley, Berkshire, SL6 6RB
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Letting Details

Description and Trading Style

The Dew Drop is a delightful rural country pub. Full of character and an "olde wolde" feel to welcome the locals or visitors who enjoy a leisurely drinking and eating experience.

Location and Local Amenities

Situated in the lovely rural area between Hurley and Burchett's Green in Berkshire. Visitors & locals enjoy walking, countryside pursuits and local events.

Accommodation

Trade: One main bar, dining areas (up to 45 covers), terrace (35 covers) kitchen, two large garden areas (50 covers), cellar & WC's.
Private: Sitting room/kitchen, 2 doubles and a single/office and bathroom.

Current and Future Markets

Due to its delightful location the Dew Drop has lots of different types of custom; locals. walkers and office workers. Generally though the customer base tends to be more of a mature nature.

Requirements

New operators would need strong food and marketing skills to continue to develop the business. Applicants must have or be able to apply for a Personal Licence.

Estimated Ingoings

Circa £14,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware and loose goods, training contribution. Fixtures & fittings are circa £10,000 and working capital is circa £3,800.

Trade Volumes 2017 2018 2019 To 28.7.20
Draught Beer and Cider (36 gallon units) 63.12 55.38 55.37 13.77
Packaged (litres) 217.44 232.08 271.84 63.36
Minerals (litres) 190.18 161.93 191.51 35.15
Spirits (litres) 64.15 48.05 88.55 16.10
Wines (litres) 1,309.45 1,098.45 1,184.35 288.70

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

Post Covid rent will be stepped for new tenants in year one to help build the business - steps to be agreed. Annual rent is £30,500 weekly in advance by direct debit. Retail Price Indexation applies to rents.

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 2017 figure £16,800. Please contact the local authority to findout actual rates payable.

Licenses & Permits

Sale of alcohol by retail for consumption on and off the premises.

Permitted hours

Mon-Thurs: 10.00am - Midnight; Fri & Sat: 10.00am - 00.30am; Sun 10.00am - 11.00pm

Current Offerings

Serves Food
Average price of main course under £12
Places to Walk
Cask Marque
Garden / Patio
Family friendly
Dog friendly 
Park the car

Current Opening Times

Bar open: Monday to Wednesday 12pm – 3pm and 5pm – 9pm

Thursday to Saturday 12pm -10pm

Sunday 12pm to 6pm

Kitchen open: Monday to Wednesday 12pm – 2.30pm and 5pm – 8.30pm

Thursday to Saturday 12 – 9pm

Sunday 12pm – 4pm