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GUARANTEED RETAINED ANNUAL SUM

Signal Box

Friar Street, Reading, Berkshire, RG1 1DB

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

FindMyPub.com
External Drinking Area

FindMyPub.com
No Private Accomodation

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Restaurant/Dining

Property details

The Signal Box (formally known as Pitcher & Piano) is situated on the main high street in Reading town centre, close to the train station. This town centre location is perfectly located to attract hungry shoppers, commuters, and tourists stepping off the many trains that pass through Reading and circuit drinkers at the weekend.

This one-room operation is decorated to a very high standard and is busy for all occasions. Whether it's bubbles over lunch, after-work drinks, or nights to remember, The Signal Box has it all.

There is no private accommodation with this pub.

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Catering Kitchen

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Live Entertainment

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Experienced Operator

Trading style

Opportunity to grow drinks and food sales by being the venue to go to in Reading town centre. You can also increase revenue by introducing more live entertainment and events throughout the week.

The landlords are looking for an experienced operator that has a background in delivering a strong food offer in a town centre location. They will also have experience in growing both guest satisfaction and sales side by side.

Key financials

Reference Number: PSCFKB / 35751
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

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.

The Signal Box is currently turning over approximately £12,000 per week on a 70/30 wet lead split but has the potential to increase sales further.

What’s in it for you?

25% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.