Beer Garden
External Drinking Area
Property details
The Harrow is over 300 years old and situated in the idyllic hamlet of West Ilsley, Berkshire. Nestled in the heart of The Downs, the area has a rich heritage for horserace training and is only 12 miles from Newbury Racecourse. The pub is also just 2.5 miles from the famous Ridgeway which attracts many visitors every year. The population of West Ilsley is less than 400 but the pub is near the main A34 with good access to both Oxford, Didcot, and surrounding areas.
The pub is a single bar operation with the servery opposite the main entrance. The trading space is a good size with about 40 covers and easy access to the well-sized and fully equipped kitchen. Decoratively the pub is in good order with a classic country feel, a mix of seating styles, and a nod throughout to the racehorse training area.
There is a space at the front of the pub directly opposite the village cricket green for about 10 benches and a lovely little side garden to the left with another four benches. The pub also benefits from a small private garden. There is no customer parking, however, there is off-road parking opposite and along the road into the village.
The private accommodation consists of two double bedrooms, a lounge, a bathroom with a separate toilet, and one room as an office space.
Catering Kitchen
Experienced Operator
Trading style
The pub has been trading on a lease and is only coming to the market as the current licensee is retiring. This is a fantastic chance for someone to re-establish a country pub with a good food offer, serving local real ales, good wines, and spirits and re-engaging with the local community, and putting The Harrow back on the map as the place to visit. There is a championship-winning stable in the village which presents a great opportunity to network with the local workers and jockeys at the stable, the race-going visitors, and owners of the nearby racecourse. The area attracts both many walkers and cyclists each year and is another income stream that is utilised with homemade cakes, sandwiches, coffees, and Sunday roasts.
The right licensee will have experience in running and advertising/promoting a rural pub that has under-traded will be key to future success. The landlords are looking for someone with a proven track record of delivering a good food offer and experience in running a rural community pub with the skillset to re-engage with the regulars, and local country sports community, and develop a reputation for the place to visit within the surrounding area. The food here will be critical. Needs to be good quality, locally sourced, and classic menu without being too gastro or upmarket.
Key financials
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Reference Number:
IU3WDL / P03679
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£15,000.00
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Annual Rent:
£24,500.00
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.
Annual Rent: £24,500
Security Deposit: £5,000
Working Capital: £5,000
Stock: £5,000
F&F: TBC – funding options may be available for the right licensee.