Dew Drop Inn

Honey Lane

Description and Trading Style

The Dew Drop is a delightful rural country pub. Full of character and an "olde wolde" feel to welcome the locals or visitors who enjoy a leisurely drinking and eating experience.

Location and Local Amenities

Situated in the lovely rural area between Hurley and Burchett's Green in Berkshire. Visitors & locals enjoy walking, countryside pursuits and local events.

Accommodation

Trade: One main bar, dining areas (up to 45 covers), terrace (35 covers) kitchen, two large garden areas (50 covers), cellar & WC's.
Private: Sitting room/kitchen, 2 doubles and a single/office and bathroom.

Current and Future Markets

Due to its delightful location the Dew Drop has lots of different types of custom; locals. walkers and office workers. Generally though the customer base tends to be more of a mature nature.

Requirements

New operators would need strong food and marketing skills to continue to develop the business. Applicants must have or be able to apply for a Personal Licence.

Estimated Ingoings

Circa £9,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware and loose goods, training contribution. Fixtures & fittings are circa £7,000 and working capital is circa £3,000.

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

£24,000 per annum payable weekly in advance by direct debit. Retail Price Indexation applies to rents.

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 figure £16,800. Please contact the local authority to findout actual rates payable.

Licenses & Permits

Sale of alcohol by retail for consumption on and off the premises.

Permitted hours

Mon-Thurs: 10.00am - Midnight; Fri & Sat: 10.00am - 00.30am; Sun 10.00am - 11.00pm

Trade Volumes

2018

2019

2020 Covid

2021 Covid

Draught Beer and Cider (36 gallon units) 51.40 55.21 33.61 43.92
Packaged (litres) 232.0844 267.84 172.48 138.88
Minerals (litres) 166.94 192.93 95.10 100.13
Spirits (litres) 48.05 88.55 48.45 7.70
Wines (litres) 1,098.45 1,184.35 750.70 909.00