15 Queen St (Formerly Hand and Flowers)

15 Queen Street, Maidenhead, Berkshire, SL6 1NB
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Letting Details

Description and Trading Style

15 Queen St is a delightful town centre bar and restaurant, which caters to locals, shoppers and office workers in the centre of Maidenhead. The food is a high quality Steakhouse. All food is fresh and locally sourced.

Location and Local Amenities

Maidenhead is a large town on junction 8/9 of the M4 with excellent rail links into central London. Heathrow airport is close by. The town attracts a large number of businesses and offices, and the town centre has a range of shops and amenities.

Accommodation

Trade: One bar trading area with approx. 35 covers, WC's, kitchen, prep room and cellar, utility cupboard.
Private: Three bedrooms, WC, bathroom, large sitting room with small kitchen area.

Current and Future Markets

Currently the pub trade to shoppers, residents and workers within the town. New operators should wish to maintain the food and drink offering and further develop the events programme.

Requirements

We seek experienced town centre operators with a passion for high standards and excellence throughout. Applicants must have or be able to apply for a personal licence.

Estimated Ingoings

Circa £12,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware and loose goods, training deposit. Fixtures & fittings are circa £18,000 and working capital is circa £3,500.

Trade Volumes (FOT=Free of Tie) 2016 2017 2018 To 26.6.19
Draught Beer and Cider (36 gallon units) 108.04 120.40 92.55 45.38
Packaged (litres) 410.16 434.40 287.34 131.70
Minerals (10 litres) 207.35 144.27 163.02 52.28
Spirits (litres) 162.40 168.55 262.55 118.35
Wines (litres) 1,787.11 1,641.00 1,479.75 1,038.75

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

£29,500 per annum to be discussed at interview. Rent payable fortnightly 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 figures £18,400. Please conatct 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 recoded music and dancing.

Permitted hours

Mon - Sat: 9.--am - 12.30 am; Sun@ 12.00 noon - Midnight.

Current Offerings

Serves Food
Average price of main course £12 to £18
Family friendly
Sports free zone 
Dog friendly 
Wifi access 

Current Opening Times

Bar

Monday – Saturday from 10.30am – 11pm

Kitchen

Monday – Saturday

Lunch: 12pm – 3pm; Dinner: 6pm – 10pm

Sunday – Closed