Little Angel

Remenham Lane

Description and Trading Style

Renovated in January 2019, the Little Angel is a fantastic restaurant and bar located on the outskirts of Henley on Thames. With a strong French/English menu, a large bar and garden area it is the perfect venue to catch up with friends in a relaxed atmosphere.

Location and Local Amenities

Situated on the edge of the thriving and affluent Town of Henley on Thames, the pub benefits from its proximity to the Leander Club which hosts the rowing Regatta. It is within walking distance of the town centre and all its amenities. Henley has a population of about 12,000 people and is close to Marlow & Reading, and easy access to London.

Accommodation

Trade: front bar has 35 covers, main restaurant/conservatory has 65 covers. The outside terrace/deck has 65 covers and its own bar servery. Large commercial kitchen. Car park for 32 cars.

Private: Currently used as staff accommodation, office, 1 double with en suite and 2 single bedrooms, bathroom.

Current and Future Markets

The current offer is food led with a fusion of French & English dishes. There is scope to improve the drinking trade whilst increasing the food offer by use of the outdoor space in the summer and extending the hours which food is available. The Little Angel needs an operator with a proven track record of operating food focussed businesses.

Requirements

We are looking for a strong and experienced operator with a proven track record of running food led businesses. A strong and focussed business plan is required to maximise this fantastic opportunity. Applicants must have or be able to apply for a personal licence.

Estimated Ingoings

Circa £24,500 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 £75,000 (excl Vat) and working capital is circa £7,500.

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

Turnover based rent 10%. Payable weekly in arrears by direct debit.

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 £71,700. 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, live & recorded music and dancing

Permitted hours

Mon – Sun: 10.00am to Midnight

Trading Volumes

2018

2019

2020 Covid

2021 Covid

To 8.5.22

Draught Beer & Cider (36 gallon units) 95.16 149.37 46.94 72.16 21.48
Packaged (litres) 1073 1362 247.44 349.22 95.36
Minerals (litres) 414.66 774.32 198.52 363.67 81.63
Spirits (litres) 552.25 682.85 97.40 255.70 61.40
Wines (litres) 3,757.50 7,732.45 2,175 3,979.50 1,026.75