Pocket Watch
434 Uxbridge RoadDescription and Trading Style
The Pocket Watch is a recently refurbished pub with a strong wet offer and a growing food offer. Sport is available on two large screens. Food offer is currently burger and grill with Sunday roasts.
Location and Local Amenities
The pub is located on the very busy A4020, Uxbridge Road which leads directly into the heart of Shepherds Bush and all its amenities. Westfield shopping centre is less that a mile away. QPR's home Loftus Road is 0.5mile away.
Accommodation
Trade: Large bar area with seating (30 covers) and restaurant area (45 covers). Commercial kitchen, disabled toilet, large cellar and men's and ladies WC's on the first floor.
Private: Office, 1 large double bedroom, 2 rooms with raised beds, shower and WC, and kitchenette area.
Current and Future Markets
The opportunity is to continue to appeal to existing locals whilst drawing additional customers from a wider radius with a strong wet offer together exceptional food. Match days are busy as the pub is supported by QPR fans.
Requirements
We are seeking experienced operators with the ability to continue to build the business and appeal to new audiences. Applicants must have or be able to apply for a Personal Licence.
Estimated Ingoings
Circa £16,285 to include a security deposit (3 months of base rent), rent, service change and insurance advance, stock, glassware, loose goods and training deposit. Fixtures & fittings at circa £12,000 (excl Vat) and working capital is circa £4,390. Funding options are available for the right operator.
Estimated Turnover
You will need to estimate the turnover you expect from the pub. The historic barrelage is given to assist you with calculations.
Guide Rent
Headline rent is £35,126 per annum payable fortnightly in advance. 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 otherwise agreed.
Rateable value
Draft 2017 figure £15,100. 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, music, dancing and indoor sporting events.
Permitted hours
Mon - Thurs: 10.00am - Midnight; Fri & Sat: 10.00am - 01.00am; Sun: 10.00am - 11.30pm
Trade Volumes (FOT=free of tie) | 2019 | 2020 Covid | 2021 Covid | 2022 | To 27.7.23 |
---|---|---|---|---|---|
Draught Beer & Cider (36 gallon units) | 144.42 | 86.47 | 85.52 | 84.47 | 49.43 |
Packaged (litres) | 527.56 | 138.90 | 95.42 | 188.76 | 44.59 |
Minerals (10 litres) | 176.89 | 47.32 | 50.61 | 47.03 | 12.55 |
Spirits (litres) | 689.15 | 191.10 | 182.55 | 176.40 | 82.20 |
Wine (litres) | FOT | FOT | FOT | FOT | FOT |