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Vine

Market Street, Maidenhead, Berkshire, SL6 8AD
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COMMUNITY SITE

Facilities

External Drinking Area
Catering Kitchen
Team Games
Live Entertainment
Restaurant/Dining
Live Sports
  • External Drinking Area
  • Catering Kitchen
  • Team Games
  • Live Entertainment
  • Restaurant/Dining
  • Live Sports

Location

City centre community pub with a strong local resident following

Ingoing Cost: £11,000.00
Rent: £25,000.00
Agreement Type: Tenancy
Reference Number: IL3NZO /

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Property Features:

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.

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.

Private Accommodation:

Consists of 3 double bedrooms, small domestic kitchen, sitting room, bathroom and separate WC. 

Key Financial Information

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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