Beer Garden
External Drinking Area
Letting Rooms
Car Park
Restaurant/Dining
Property details
The Dukes Head is a prime multi-faceted business at the end of the High Street in this growing commuter town. With 5 en suite letting bedrooms, there is plenty of scope for this business to be successfully repositioned by a good operator.
A prominent town centre location at the end of Wokingham High Street. The pub is close to offices, shops, and the train station, and is surrounded by local homes. Wokingham is a busy market town with a high proportion of affluent homes and good road and rail links.
Internally there are three bar areas and one central servery, trade kitchen, cellar, WC's, and 5 en suite letting rooms (4 doubles and 1 twin with disabled access) in a barn conversion.
Externally there is a car park, patio areas and stores.
The private accommodation consists of three double bedrooms, a sitting room, a kitchen, an office, a shower room and a separate WC.
Catering Kitchen
Experienced Operator
Trading style
The Dukes Head currently operates as a community pub with letting rooms, on the High Street in the London commuter belt town of Wokingham. The pub has a prominent position on a busy road with a 5 en suite bedrooms accommodation block separate from the pub.
The landlords seek skilled and experienced operators for this prime town-centre venue with good food and marketing skills to maximise the opportunity here. The pub also needs a real "mine host" character to be ultimately successful. Applicants must have or be able to apply for a personal licence.
Key financials
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Reference Number:
IL3NZO /
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£15,500.00
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Annual Rent:
£36,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Rent - £36,000 per annum payable weekly in advance by direct debit. Retail Price Indexation applies to rents.
Estimated Minimum Ingoings:
Circa £15,500 to include a security deposit (3 months of base rent), rent, service charge, insurance advance, stock, glassware, loose goods, and training contribution.
Additional Ingoings:
Fixtures & Fittings are circa £8,000
Working Capital is circa £4,000
Total Ingoings = £27,500
Rateable Value: Draft 2017 figure £9,800. Please contact the local authority to find out the actual rates payable.
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 otherwise agreed.