Vine

20 Market Street, Maidenhead, Berkshire, SL6 8AD
Get directions Printable Letting Details Floorplans Premises Licence EPC

Letting Details

Description and Trading Style

A wet led (90%) community pub with a darts team, karaoke nights and occasional live music. There is a value food offer and roasts on a Sunday. Sky and BT Sports are available.

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: Large bar and seating areas with a gas fire (32 covers), patio area to the front of the pub (32 covers), cellar, commercial kitchen, stores and WC's.
Private: 3 double bedrooms, small domestic kitchen, sitting room, bathroom and separate WC. 2 car parking places to the front of the pub.

Current and Future Markets

This business has been run by the same landlords for a number of years. The opportunity is to continue to offer a strong wet offer with a small food offer (approximately 10% of the business at the moment).

Requirements

We seek mine host community operators or a couple with a background in running locals style pubs.
Applicants must have or be able to apply for a personal licence.

Estimated Ingoings

Circa £11,000 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 circa £12,000 (Excl Vat) and working capital is circa £3,000.

Trade Volumes (FOT=free of tie) 2016 2017 2018 To 22.8.19
Draught Beer and Cider (36 gallon units) 187.66 219.35 209.83 65.94
Packaged (litres) 840.84 897.60 766.92 276.78
Minerals (10 litres) FOT FOT FOT FOT
Spirits (litres) FOT FOT FOT FOT
Wines (litres) FOT FOT FOT FOT

Estimated Turnover

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

Guide Rent

£25,000 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents.

Terms

Five year renewable tenancy agreement 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 £19,600. 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 music and dnacing.

Permitted hours

Mon-Thurs: 10.00am-01.30am; Fri & Sat: 10.00am - 02.00am; Sun 10.00am - 12.30am.

Current Offerings

Serves Food
Average price of main course under £12
Garden / Patio
Watch Sports
Pool table 
Family friendly
Dog friendly 
Wifi access 

Current Opening Times

Food times: Breakfast 9am – 12pm, Lunch 12pm – 3pm, Evening meals 6.30pm – 9pm