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Royal Albion

Oxford Road, Reading, Berkshire, RG30 1EH
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UNDER OFFER

Facilities

Beer Garden
External Drinking Area
Catering Kitchen
Smoking Solution
Team Games
Pool Area
Car Park
Restaurant/Dining
Live Sports
Experienced Operator
  • Beer Garden
  • External Drinking Area
  • Catering Kitchen
  • Smoking Solution
  • Team Games
  • Pool Area
  • Car Park
  • Restaurant/Dining
  • Live Sports
  • Experienced Operator

Location

Fantastic opportunity to take over this established business and create the best Sports venue in town

Ingoing Cost: £37,650.00
Rent: £69,000.00
Agreement Type: Tenancy
Reference Number: QWGAYB / 9544

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

Property Features:

The Royal Albion has a robust sports offering following a refurbishment of the site creating an area at the back of the site, which has two championship pool tables.

To the side of the site, there is a covered patio area which also acts as a smoking solution, this area is very popular with an external viewing screen. To the rear there is a car park for c 20 cars, a second patio is located on the side of the car park with its own standalone bar.

Trading Style:

Ideal for an experienced operator who is used to running town drinking sites, with a 'home-produced food offer', giving value for money. The operator must also be prepared to be part of the local community and a driving force in promoting local events. Excellent opportunity to develop a robust sports offering 

Private Accommodation:

Consists of four double rooms, two single rooms, toilet/shower room and a kitchen, all in need of modernisation.

Key Financial Information

Please be aware energy performance certificates are available from the landlord.

Entry costs approx £37,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

TRADING VOLUMES

2017/18 =  307 BEER (BRLS)
2016/17 =  351 BEER (BRLS)
2015/16 =  348 BEER (BRLS)

Forecasted Operator Machine Profit: £48,000

Forecasted Operator Profit (including machine profit): £69,000

Forecasted Operator Turnover: £616,302

MISREPRESENTATION ACT 1967

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