Anchor

58 Friday Street

Description and Trading Style

The Anchor is a traditional homely, cosy pub with a wonderful atmosphere, full of character and history. The beautiful mature garden is south facing and a big attraction in the summer with its barbeques and outside drinking.

Location and Local Amenities

The Anchor is in the heart of Henley, close to the Bank of the river Thames. The train station is close by as is the popular River & Rowing museum. About 10 miles from the M4 and M40 Henley is a pretty, affluent & well serviced town with good commuter links.

Accommodation

Trade: Four trading areas including a snug (total covers 50), wood burner, kitchen, WC’s, cellar, stores, garden (48 covers), enclosed garden area (22 covers) and a car park to the side (approx 10 cars)
Private: 5 double bedrooms, sitting room and recently renovated bathroom.

Current and Future Markets

The pub currently appeals mainly to locals and the huge numbers of visitors to the Town across the summer months, including many visiting rowing crews. There is scope to further develop the good food reputation.

Requirements

Ideal candidates should have experience in the pub trade and may wish to consider repositioning the offer as a more mainstream venue.
Applicants must have or be able to apply for a personal licence.

Estimated Ingoings

Circa £15,000 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 £19,000 (EXCL Vat) and working capital is circa £4,250.

Funding options are available for the right operator.

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 need to estimate the food sales.

Guide Rent

£35,000 per annum payable weekly in advance by direct debit. Retail Price Indexation applies to rents.

Terms

Five year 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 £15,700. 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.

Permitted hours

Mon – Sun: 11.00am to 23.30

Trade Volumes (FOT=Free of Tie)

2019

2020 Covid

2021 Covid

2022

2023

Draught Beer/Cider 130 62.88 74.44 93.54 100.58
Packaged (litres) 393 135.96 220.44 244.20 310.26
Minerals (10 litres) FOT FOT FOT FOT 71.25
Spirits (litres) FOT FOT FOT FOT 194
Wines (litres) FOT FOT FOT FOT 1,672.05