Station House

38 Market Place, Henley on Thames, Oxfordshire, RG9 2AH
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Letting Details

Description and Trading Style

The Station House is a former Victorian Police station which is now a cosy bar area and extensive dining area. the pub hosts quiz and "specials" nights.

Location and Local Amenities

The pub is next to the Town Hall in the centre of Henley. About 10 miles from the M4 and M40, Henley is a pretty, affluent & well serviced town with good commuter links.

Accommodation

Trade: entry porch leads to a long, cosy bar area with a mixture of seating. Leading onto the light and airy dining area with a conservatory roof and two original Police cells for small parties to eat in. (restaurant 55 covers). Ladies and gents WC, incl disabled, small office, fully fitted commercial kitchen, cellar and stores.

Private: The rental figure includes £5,000 the use of a three bedroomed flat in the centre of Henley.

Current and Future Markets

The Station House has been successfully run in the last year with a strong wet and food offer. Events have proved successful as has the introduction of Sunday roasts. We are now seeking an operator to continue to build this solid business.

Requirements

We seek an experienced town centre operator with strong food skills. Applicants must have or be able to apply for a personal licence.

Estimated Ingoings

Circa £22,000 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 £29,000 plus vat and working capital is circa £5,600.

Trading Volume (FOT=free of tie) 2015 2016 Closed 9 mths 2017 To 21.8.18
Draught Beer and Cider (36 gallon units) 158.10 44.80 162.27 61.93
Packaged (litres) 750.24 168.96 580.80 225.72
Minerals (10 litres) 380.24 135.32 418.74 FOT/16.59
Spirits (litres) 232.80 197.20 291.55 FOT/14.05
Wines (litres) 3,514.50 1,196.21 4,159.88 FOT/451.50

Estimated Turnover

The current barrelage is given to assist you with calculations, but you need to estimate food sales. You will need to estimate the turnover you expect from the pub.

Guide Rent

£45,000 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents. This rental figure includes £5,000 for the use of a three bedroom flat in the centre of Henley.

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 £45,000. Please contact the the local authority to find out actual rates payable.

Licenses & Permits

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

Permitted hours

Mon - Thurs: 11.00am - 23.00pm, Fri & Sat: 11.00am - Midnight, Sun: 11.00 - 23.30pm

Current Offerings

Serves Food
Hold a party 
Average price of main course £12 to £18
Watch Sports
Family friendly
Disabled access 
Dog friendly 
Wifi access 

Current Opening Times

Mon – Thu 12pm – 11pm, Fri & Sat 12pm – 12am, Sun 11am – 10pm

Food served: Mon – Thu 12pm – 3pm & 5pm – 9pm, Fri 12pm – 3pm & 5pm – 10pm, Sat 12pm-10pm, Sun 11am – 8pm