• Fair Maintainable Trade* (FMT) Net Turnover – 500k per annum to £650k per annum
  • Rent:  10.5% of Net Turnover. FMT Rent: £62,500 per annum. Base rent of £53,000, Capped at £92,000 per annum.
  • Initial Investment: £30,000 to £75,000
  • Wet/Dry split 33%/67%
  • Large garden, patio and children’s play area
  • Live in accommodation refurbished in 2016

 

The Jekyll & Hyde looks like a small roadside pub at first glance but on entering its true size becomes apparent and it is one of the key dining establishments in this very busy area. Internally there are a number of character dining areas leading off from the bar which is ideally situated at the front of the pub.

 

There is good private accommodation including space for an ancilliary team member (Comprises 3 double bedrooms, single bedroom, bathroom, small shower room, open plan lounge/diner and kitchen.  There is also a separate bedroom and bathroom accessed through a fire door). The pub has undergone refurbishment in the last 3 years and is in very good condition throughout.

Top Line Figures

  • Rent:  10.5% of Net Turnover. FMT Rent: £62,500 per annum. Base rent of £53,000, Capped at £92,000 per annum.
  • Initial Investment: £30,000 to £75,000
  • Fair Maintainable Trade* (FMT) Turnover: 500k per annum to £650k per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £780
  • Working Capital: c.£5,000
  • Fixtures & Fittings: Estimated at £26,000 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings

 

Additional Information

  • Estimated Wet/Dry Split: 33%/67%
  • Business Rates: £26,813
  • Available From: 29/05/2019
  • Closing Date: 29/03/2019

 

  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year
  • 74
  • 1470
  • 90
  • 3330
  • Last Year
  • 90
  • 2502
  • 89
  • 4370
  • 2 Years Previous
  • 101
  • 2744
  • 105
  • 5073

Asset 2

Open and serving quality traditional pub food all day 7 days a week. The Pub is very popular as a meeting point midway between Reading and Basingstoke and a high proportion of the trade is family orientated. The large garden gets extremely busy during fine weather and school holidays effectively doubling the covers of the pub. Although there is significant population close by in all directions the pub itelf sits in the tiny hamlet of Stratfield Turgis and there is little local drinking trade. There are 52 car parking spaces at the front of the pub. Space for 12 more on hard standing to the side of the garden


Misrepresentation

* Fair Maintainable Trade (FMT) is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process. Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business – we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

† The Full Investment Breakdown for each public house is higher than the minimum investment we will accept because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies. The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees – please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

Asset 2

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