NR READING, BERKSHIRE The Reformation, Gallowstree Common, RG4 9BP

Pub photo in here

To let under tenancy Minimum capital required £8,000 Fixtures & fittings are circa £5,000 plus VAT

A pretty country pub set in the heart of picturesque countryside, yet a short drive from Reading and Henley on Thames. The Reformation is an ideal opportunity for experienced operators looking for a wet led site in an affluent area.

To find out more: Call: Amanda Windows on 01491 570275 Email: [email protected] Look at: www.brakspear.co.uk

Description & Trading Style Location & Local Amenities The Reformation is a delightful cottage style locals Gallowstree Common is north of Reading just off the pub, mainly wet led, set in the midst of the village of A4074 between Reading and Oxford. There are lots of Gallowstree Common. The food offer is a small menu. local attractions close by including Beale Park & Stonor Park. Reading itself has good road & rail links and all the facilities you would expect from a large town. Accommodation Current & Future Markets Trade: 1 bar area and restaurant (26-30 covers), WCs, The pub attracts locals from the area. New operators kitchen, cellar, car park & garden to the front of the pub would want to continue to establish good local relations, (approx 30 covers) with a smoking shelter. perhaps to a wider area, with a wider food offer. Private: Living room, 3 Bedrooms (1 double and 2 small singles), bathroom/WC and private garden.

Requirements Estimated Ingoings We seek tenants can operate a village local pub, with Circa £8,000 to include a security deposit (3 months of all the charisma and drive needed to make the pub the base rent), rent, service charge and insurance advance, centre of the community. Applicants must have or be stock, glassware and loose goods, training deposit. able to apply for a personal licence. Fixtures & fittings are circa £5,000 plus VAT and working capital is circa £3,000.. To end Aug to Trade Volumes 2016 2017 Nov 18 28.10.19 Draught Beer and Cider (36 gallon units) 67.37 58.51 29.96 23.76 Packaged (litres) 192.72 160.56 69.96 14.60

Minerals (10 litres) 280.83 257.42 79.68 19.18

Spirits (litres) 101.60 64.10 27.85 11.20 Wines (litres) 2,004.67 1,810.87 781.50 143.25 Estimating Turnover Guide Rent Terms You will need to estimate the Headline rent £18,000 per annum Five year tenancy agreements with turnover you expect from the pub. payable fortnightly in advance by an additional service charge that The current barrelage is given to direct debit. Retail Price Indexation covers property insurance, servicing assist you with calculations, but you applies to rents. of heating and cellar equipment etc. need to estimate the food sales. There is a full wet tie unless agreed otherwise. Rateable Value Licenses and Permits Permitted Hours Current rates payable circa £5,000 Sale of alcohol by retail for Mon – Thurs: 11am – Midnight – under review consumption on and off the Fri – Sat: 11am – 1am premises, Live music (occasional) Sun: 12 noon - Midnight Timing Next Steps BDM Details ASAP Please view initially as a customer, You can contact Gavin Mansfield on then call us to register your interest 07970 613726 for an informal chat & arrange an interview. about this property.