Description and Trading Style

Claytons Marlow is a modern style bar providing a boutique offering to the affluent over 21s of Marlow with a focus on cocktails. Entertainment is key with live music, DJ's, open mic nights, cinema nights etc. There is a steady food trade.

Location and Local Amenities

Claytons Marlow is situated right next to a public car park for Marlow, is close to the shops, office etc and just off the main road through Marlow town centre, whilst being highly visible. Marlow is just off the A404(M) and the M40 with good road and rail links.

Accommodation

Trade: split level trading area, a good sized catering kitchen, a covered area with a retractable roof and an outside bar, WC's and private DJ area, office and stores.
Private: 3 bed room accommodation with bathroom, WC, domestic kitchen and lounge.

Current and Future Markets

The current market is for over 21s affluent weekend crowd. There is further opportunity to continue the business into the mid week trade and new operators may wish to investigate refreshing the overall concept to do this.

Requirements

We seek experienced operators who understand style bars and can deliver interesting food. Knowledge of chameleon style operations would also be an advantage as would a strong marketing capability.

Estimated Ingoings

Circa £19,500 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 £18,000 plus Vat and working capital is circa £5,900.

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

£47,200 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 rateable value is £31,850. Please contact the local authority for actual rates payable.

Licenses & Permits

Sale of alcohol by retail for consumption on and off the premises, dancing and live music.

Permitted hours

Mon-Weds: 11.00am - Midnight; Thurs: 11.00am - 01.00am; Fri & Sat: 11.00am - 03.00am; Sun: Midday - Midnight