Vine

20 Market Street, Maidenhead, Berkshire, SL6 8AD
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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.

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: Bar and seating areas with a gas fire (32 covers), pavement 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

The opportunity is to continue to offer a strong wet offer with a small food offer (approximately 5% 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 £9,900 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware, loose goods and training contribution. Fixtures & fittings are circa £8,000 (Excl Vat) and working capital is circa £3,000.

Trade Volumes (FOT=free of tie) 2018 2019 2020 Covid To 4.10.21 Covid
Draught Beer and Cider (36 gallon units) 209.83 86.87 25.82 27.07
Packaged (litres) 766.92 451.60 443.16 453.32
Minerals (10 litres) FOT 367.32 FOT FOT
Spirits (litres) FOT 80.50 FOT FOT
Wines (litres) FOT 61.50 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 weekly 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
Garden / Patio
Watch Sports
Pool table 
Family friendly
Dog friendly 
Wifi access 

Current Opening Times