Pocket watch

5 Market Place, Henley on Thames, Oxfordshire, RG9 2AA
Get directions Printable Letting Details Floorplans EPC Premises Licence

Letting Details

Description and Trading Style

The pub is currently operated as an upmarket town centre restaurant and bar, currently serving pies in a relaxed yet chic pub setting. There is live music on the last Sunday in every month.

Location and Local Amenities

The historic Three Tuns lies in the heart of the gastro town of Henley on Thames. The town is right on the Thames and at the gateway of the Chilterns. There is a large public car park directly behind the property and the pub looks out onto the main marketplace.

Accommodation

Trade: 3 bar/dining areas divided by a central bar(circa 40 covers), cellar, kitchen, stores and WC's. Outside patio area (circa 28 overs0 with separate function room and bar (circa 32 covers).
Private: Kitchen, living room, bathroom, 3 double bedrooms and WC.

Current and Future Markets

Current custom is derived from Henley locals, businesses and visitors. The Henley Royal Regatta, Henley festival, Henley Literary Festival are among the many events attracting visitors to the town.

Requirements

Ideally we seek experienced operators with strong food skills together with the ability to maintain and develop the wet side of the business.
Applicants must have or be able to apply for a Personal Licence.

Estimated Ingoings

Circa £16,000 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 £11,000 plus Vat and working capital is circa £5,000.

Trade Volumes 2014 2015 2016 2017 To 6.8.18
Draught Beer & Cider (36 gallon units) 97.82 97.64 99.11 127.85 41.05
Packaged (litres) 349.44 378.00 358.80 319.08 106.92
Minerals (10 litres) 293.97518.69 296.96 294.54 313.48 96.49
Spirits (litres) 175.70 171.50 216.30 216.30 50.40
Wines (litres) 5,128.52 4,306.38 3,614.41 3,578.03 1,173.00

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 will need to estimate the food sales.

Guide Rent

Rent is £41,000 per annum payable two weekly in advance.

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 £43,500. 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, & late night refreshment provisions.

Permitted hours

Sun - Thurs: 9.00am - 00.30am; Fri & Sat: 9.00am - 02.30am.

Current Offerings

Serves Food
Hold a party 
Average price of main course £12 to £18
Places to Walk
Garden / Patio
Family friendly
Dog friendly 

Current Opening Times

Mon – closed, Tue – 12pm -11pm, Wed – Thur – 11.30am – 11pm, Fri – Sat – 11.30am -11.30pm, Sun – 11.30am – 10.30pm