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Emmbrook Inn

Emmbrook Road, Wokingham, Berkshire, RG41 1HG
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INVESTMENT PLANNED

Facilities

Beer Garden
External Drinking Area
Catering Kitchen
Letting Rooms
Car Park
Restaurant/Dining
Live Sports
Partial Tie
Experienced Operator
  • Beer Garden
  • External Drinking Area
  • Catering Kitchen
  • Letting Rooms
  • Car Park
  • Restaurant/Dining
  • Live Sports
  • Partial Tie
  • Experienced Operator

Location

Experienced operator wanted to take over this established community pub

Ingoing Cost: £57,725.00
Rent: £70,000.00
Agreement Type: Tenancy
Reference Number: QWGAYB / 9560

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

Property Features:

The Emmbrook Inn is an excellent opportunity on the outskirts of Wokingham for an experienced operator to take over this established community pub and create a unique accommodation offering with 12 en-suite letting rooms. The landlords are planning to complete a transformational scheme upgrading the toilets and bar servery area as well as opening the back of the site up with the introduction of beach huts and zoned areas to give the site the WOW factor. To the front of the site, they plan to upgrade and redecorate the current patio area to make the site inviting and family-friendly. The introduction of food is a massive opportunity which is waiting to be unlocked.

The site has good sports offering with Sky TV and BT sports. A one bar site with an excellently positioned patio to the front of the site. To the rear, you have a well-equipped trade kitchen and a ground floor cellar with easy access.

The car park is to the rear of the plot and has parking for 20 cars. Situated in a separate block, there are 12 en-suite letting rooms with tremendous potential.

Trading Style:

The Emmbrook Inn is a fantastic opportunity for an experienced person to develop this robust business taking it to the next level. Being part of the community is a must, with experience in promoting local events.

Any potential operator must have experience in running a local community site where sports are a large part of the offering. If you have the necessary skills they require to make this venture a success, please contact the recruitment team.

Private Accommodation:

The accommodation comprises of two double rooms, one large lounge, office and a bathroom with bathtub, separate shower & toilet.

Key Financial Information

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

Annual rent: £70,000 per annum plus 4.5% Turnover Royalty

Entry costs approx £57,725 which includes Fixture & Fittings, stock glassware, crockery, cutlery fuel and cleaning materials, legal, brokers and stocktaking fees. Training fees, schedule of condition, working capital and a deposit (25% of head rent, Min £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

2018/19 =  132 BEER (BRLS)
2017/18 =  155 BEER (BRLS)
2016/17 =  152 BEER (BRLS)

Forecasted Operator Machine Profit: £0

Forecasted Operator Profit (including machine profit): £73,769

Forecasted Operator Turnover: £579,082

MISREPRESENTATION ACT 1967

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