External Drinking Area
Function Room
Restaurant/Dining
Property details
The Thirsty Bear is located in the town of Reading, close to reading centre. The pub is surrounded by shops, food and retail outlets, and mixed housing. The pub benefits from being one of 38 pubs found in an area of around 7899 adults. The main customer base is made up of families, young adults, and the elderly.
Internally this is an open plan one bar operation, function room upstairs with a bar, catering kitchen, and 92 internal covers.
The private accommodation consists of three bedrooms, a bathroom, and a toilet.
Catering Kitchen
Experienced Operator
Trading style
The potential of this pub lies in maintaining a well-thought-through food and drink offer. As well as maximizing the function room. The Thirsty Bear is well known for its pizza offer now.
The landlords are always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the pub will have extensive experience in similar hospitality business. They will have a clear vision for their food and drinks menu, marketing strategy, and entertainment offer 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 the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 0090017101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£67,699.00
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Annual Rent:
£56,797.00
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 £56,797
Estimated Annual Turnover £792,664
Deposit £14,199
Estimated Fixtures & Fittings Value £35,000
Estimated Stock Valuation £15,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £67,699
Estimated Minimum Ingoing Costs £67,699
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.