Halfway Inn

Bath Road, Newbury, Berkshire RG20 8NR

  • 34
  • 100
  • Asset 1 80

Beautifully presented pub to rent on the A4, close to Newbury and Hungerford. The Halfway Inn is ideally set up for great quality dining, both inside the pub and in the attractive outdoor terrace and courtyard.

Meet the Pub's Business Development Partner.....

“The Halfway Inn is a pub that will suit a food-based operator.

I’m looking for applicants who can combine a love of great dishes and service with a creative and energetic marketing flair, to introduce and promote events, and most importantly to shout about the pub to passing trade and via social media.

Team building skills are key to recruiting well and retaining a strong team.”

Ian Pearson

Business Development Partner, South West Region

Ian the BDP for H&W Business Partnership pubs to rent

Location - Newbury

The Halfway Inn is named as such as it is literally halfway between London and Bristol.

Newbury is just 10 minutes drive along the adjacent A4, and is a large and affluent market town with a population of approximately 40,000.

It is situated on the busy A4 with easy access to the A34 and M4.

Kintbury railway station less than a 5 minute drive away.

Newbury is renowned for being at the heart of the UK horse racing industry and is also close to Highclere Castle (famous for being filmed as Downton Abbey), Donnington Castle and the Kennet & Avon Canal.

 

 

 

About The Pub

This pub to rent has a prominent location on the A4 and has a strong roadside presence.

The car park is easily accessed leading through a tree-lined path to the main entrance. The entrance leads into the bar area of the pub which is beautifully furnished with a warm open fire and stone flooring. The dining area is also very well furnished in an eclectic style suited to premium dining, with a high beamed ceiling.

An attractive outdoor terrace can be accessed from the dining area, along with the outside bar and pizza kitchen, a large grassed area and a walled garden.

The toilets, cellar and kitchen are all located on the ground floor, enabling efficient resourcing of the business, and they are all in good order.

Private Accommodation

The domestic accommodation at the Halfway pub is extensive and comprises 4 bedrooms, 2 bathrooms, a private kitchen, lounge, and an office.

Bedrooms – 4

Private kitchen – Yes

Bathrooms – 2

Lounge – 1

Office – 1

Key Pub Features

  • Fair Maintainable Trade* (FMT) Net Turnover – £447k per annum, with a rent of £30k
  • Prominent location on the A4, close to Newbury, Hungerford and the A34
  • Exterior decoration and new signage planned for 2025
  • Extensive live in accommodation, including 4 bedrooms, 2 bathrooms, and office
  • High quality F&F
  • Outdoor wood fired pizza oven

Top Line Figures

  • Rent: £30,000 per annum
  • Initial Investment: £32,800
  • Fair Maintainable Trade* (FMT) Turnover: £447,350 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Change of DPS Fee: £200 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £5,000
  • Fixtures & Fittings: £30,372 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 28%/72%
  • Business Rates: Rateable value £23,700
  • Available From: Immediately

Trade

Last 3 year Volume Beer & Cider - Barrels Wines - Litres Spirits - Litres Soft Drinks - Litres
Current Year to date 73 170 (part tie) 80 2260
Last Year 86 260 110 2720
2 Years Previous* TBC TBC TBC TBC

There are two main groups of pub guests.

The primary group are locals who use the pub because of the great ambience, food and service. The second group is passing trade due to the convenient location and visibility of the pub. Therefore clear messaging and maintaining an attractive exterior are key.

Weekends are very busy and there is a great opportunity to extend this trade through promotions and offers during the week.

*Trade volumes affected by Covid closures

Useful Links

British Institute of Innkeeping:  https://www.bii.org/

British Beer and Pub Association:  https://beerandpub.com/

Pre-Entry Awareness Training (PEAT):  https://www.bii.org/BII/Industry-Advice/PEAT.aspx

Personal Licence:  https://www.gov.uk/government/publications/personal-licence-application–2

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.