Description and Trading Style
This is a charming tavern style village pub with the added benefit of 3 superb en-suite letting rooms. The pub boasts a comfortable & inviting environment with a warm feel which appeals to locals and visitors alike.
Location and Local Amenities
Goring on Thames is an area of outstanding natural beauty on the River Thames. The John Barleycorn is in the centre of the village and attracts a large number of tourists and walkers with the Thames Path close by. The village has good rail links with Oxford, Reading and London Paddington.
Trade: 3 bar areas, bar billiard area, restaurant (32 covers max). WC's, kitchen, stores, cellar. garden, dining room/meeting room, 3 en-suite letting rooms.
Private: A one bedroomed flat plus potential to develop/covert a further two rooms and bathroom into additional private accommodation.
Current and Future Markets
The pub is in a vibrant and affluent village attracting locals and workers in the area for food and drink as well as visitors to Goring on Thames, especially for the accommodation. The opportunity is to maintain the strong existing food and accommodation offer.
Experienced licensees who understand the local village market will be important as is an ability to really create a welcoming atmosphere. Experience of letting accommodation is preferred but is not essential. Applicants must have or be able to apply for a Personal Licence.
Circa £16,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware, loose goods and training deposit. Fixtures & fittings are £12,710 plus VAT and working capital is £4,525.
|Trade Volumes||2017||2018||2019||To 9.12.20|
|Draught Beer and Cider (36 gallon units)||173.28||163.76||154.96||56.73|
|Minerals (10 litres)||114.86||96.27||86.88||21.79|
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.
Post Covid rent will be stepped for new tenants in year one to help build the business - steps to be agreed. Annual rent is £36,200 payable weekly in advance by direct debit. Retail Price Indexation applies to rents.
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 2017 figure £28,500. Please contact the local authroity to find out actual rates payable.
Licenses & PermitsSaler of alcohol by retail for consumption on and off the premises.
Permitted hoursMon - Sat: 11.00am - 23.00pm; Sun: 12.00 Noon - 22.30pm.
Current Opening Times
Mon – Sat 12 – 11 pm, Sun 12 – 10.30 pm
Food Service Times
Mon – Sat 12 pm – 2 pm & 6.30 pm – 9 pm, Sun 12 – 2 pm