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Run a star pub - vine nr basingstoke - tadley

Tadley
Star Pubs Leased & Tenancy
Posted: 24 November
Offer description

Pub Overview

Refurbished country pub with food focus in Hannington. The Vine offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential.

What would you do with this pub to make it even more of a success?


The area:

The pub benefits from being the only pub in Hannington, a small affluent village near Basingstoke, with around 500 people within a 10-minute walk. The customer base is highly affluent, with no direct competitors nearby. The pub is surrounded by countryside, making it an attractive destination for locals, families, and visitors seeking quality dining in a rural setting.


The offer:

The Vine is available on our investment tenancy agreement. The refurbishment will create a stylish country pub with a food-led focus. With a strong pub classics menu, premium drinks, coffee, and events such as quizzes and weekend live entertainment, the Vine is well-positioned to become both a local hub and a destination venue.

We’re always open to new ideas, what would you do to drive trade? 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 Vine will have extensive experience in food-led hospitality businesses.


Features

* Investment Tenancy
* Refurbishment Planned
* Catering Kitchen
* Car Park
* Function Room
* Outdoor Trade
* Private Accommodation


Trading Area & Facilities

The Vine will be undergoing a refurbishment which will cover the full interior of the pub, alongside signage, lighting and external works. A full list of works and pub floor plan can be found in the ‘refurbishment details’.

* Main trading area with bar
* Conservatory dining space
* 70 internal covers
* 52 external covers
* Catering kitchen
* Function room
* HEINEKEN SmartDispense
* Beer garden with countryside views
* Car park with 20 spaces
* 5-bedroom private accommodation

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.


Private Accommodation

Private accommodation consists of 5 bedrooms, a living room, kitchen, bathroom.


Pub Financials

Estimated Total Ingoing Costs: £38,188

Estimated Minimum Ingoing Costs: £38,188

Annual Rent: £35,351

Estimated Annual Turnover: £435,642

Deposit: £8,838

Estimated Fixtures & Fittings Value: £17,850

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.


Downloads

* Demographics Report
* Energy Performance Certificate
* Refurbishment Details
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