Pub Overview
New Deal - We have agreed a reduced rent for the first 6 months of the agreement of £14,323
The Area:
The Ferry Boat inn is in the picturesque village of Whitchurch on Thames, just outside Pangbourne. The pub is surrounded by residential housing. This provides great opportunity to make this successful destination food pub the place to go as it is the only pub in the village serving food.
Demographics:
The pub benefits from being one of four pubs found in an area of around 1,007 adults. The main customer base is affluent and made up of Mature, affluent households.
The Offer:
The Pub is currently the pub is known for serving good food and wine. Can you build on this success and deliver a great food offer and great atmosphere that would draw people from further afield?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Features
* Foundation Tenancy
* Catering Kitchen
* Function Room
* Smoking Area
* Car Park
* Outdoor Trade
* Private Accommodation
* New Deal
Trading Area & Facilities
* One bar operation - less staff needed
* Separate dining room
* 40 internal covers
* 15 external covers
* Operational kitchen
* Function room
* Small courtyard garden
* Car park with 10 spaces
Private Accommodation
Private accommodation consists of three small bedrooms with en-suite, a living room, bathroom.
Pub Financials
Pub Financials Icon
Estimated Total Ingoing Costs
£38,661
Estimated Minimum Ingoing Costs
£13,887
Annual Rent
£28,645
Estimated Annual Turnover
£389,682
Deposit
£7,161
Estimated Fixtures & Fittings Value
£20,000
Estimated Stock Valuation
£8,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Downloads
* Demographics Report Download arrow
* Energy Performance Certificate Download arrow
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