Description and Trading Style
The Horns currently trades well as a destination food house; it has the benefit of a large well equipped trade kitchen next to the restaurant area. With a good sized bar to attract village drinkers and a large, well maintained trade garden to the rear.
Location and Local Amenities
The Horns is situated close to Henley on Thames, in close proximity to Maidenhead, Twyford and Wargrave, and a short distance from the M4 and Reading. There is a good range of local shops and schools and very good road and rail links close by.
Trade: The Barn (34 covers), bar areas (25 covers) snug area (10-12 covers), outside decking area, brick BBQ (20/25 covers) and well maintained garden ( 60 covers) The current tenant has added a small kids football area. There are also 30 covers on the tables to the front of the pub. Kitchen (with walk in fridge), WC's, stores, cellar and large car park.
Private: 3 double bedrooms, sitting room and bathroom/WC.
Current and Future Markets
Current customers come from local villages & destination diners travel from a 10 mile radius. The pub is being run very successfully and we are looking for future operators to continue to capitalise on the solid food and drink offering.
We seek a hands on operator with a vibrant personality and a good understanding of running a quality food and drink operation. Applicants must have or be able to apply for a personal licence.
Circa £32,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware, loose goods and training contribution. Fixtures and fittings are circa £12,000 excl Vat and working capital is circa £4,000.
Funding options are available for the right operator.
You will need to estimate the turnover you expect from the pub. The current barrelage is given to assist you with calculations, but you will need to estimate the food sales.
Turnover based rent 9%. Payable weekly in arrears by direct debit.
Three year tenancy agreement with an additional service charge that coves property, insurance, servicing of heating and cellar cooling equipment etc. There is a full wet tie unless agreed otherwise.
Draft 2017 figure £18,500. Please check the local authority to check the actual rates payable.
Licenses & Permits
Sale of alcohol by retail for consumption on and off the premises. Other provisions include playing of recorded music indoors.
Mon - Sat: 10.00am - Midnight; Sun: Noon - 11.30pm.
|Draught Beer & Cider (36 gallon units)||73||79||38.47||66.95||39.17|
|Minerals (10 litres)||202||173||67.31||146.78||82.16|