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COMMUNITY SITE

Vine

Market Street, Maidenhead, Berkshire, SL6 8AD

Ingoing Cost: £11,000
Rent: £25,000

External Drinking Area

Restaurant/Dining

Property details

Maidenhead is a large town on junction 8/9 of the M4 with excellent rail links into central London. Heathrow airport is also close by. The town attracts a large number of businesses and offices, and the town centre has a range of shops and amenities.

Modern office blocks surround the pub, and office workers form a strong part of the pub’s customer base. The pub offers SKY and BT Sports, Rugby and Horse Racing in particular.

Internally there is a large bar and seating areas with gas fire (32 covers), cellar, commercial kitchen, stores and WC's.

Externally there is a patio area to the front of the pub (32 covers) and two car parking places to the front of the pub.

The private accommodation consists of 3 double bedrooms, small domestic kitchen, sitting room, bathroom and separate WC.

Catering Kitchen

Team Games

Live Entertainment

Live Sports

Trading style

A wet led (90%) community pub with a darts team, karaoke nights and occasional live music. There is a value food offer and roasts on a Sunday.

The same landlords have run this business for several years. The opportunity is to continue to offer a strong wet offer with a small food offer (approximately 10% of the business at the moment).

The landlords seek 'mine host' community operators or a couple with a background in running locals style pubs. Applicants must have or be able to apply for a personal licence.

Key financials

Reference Number: IL3NZO /
Agreement Type: Tenancy

Min Ingoing Cost: £11,000.00
Rent: £25,000.00

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.

Estimated Minimum Ingoings:

Circa £11,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware, loose goods and training deposit.

Additional Ingoings:

Fixtures & Fittings are circa £12,000

Working Capital is circa £3,000

Total Ingoings = £26,000

Five year renewable 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.

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