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Blue's Smokehouse Bracknell

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Blue's Smokehouse Bracknell

High Street, Bracknell, RG12 1DS Pub Code: 0020606101

Pub Code: 0020606101

Foundation Tenancy

Est Min Ingoing Costs: £15,650

Annual Rent: £49,801

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Fantastic opportunity to take over a food focused pub with large indoor and outdoor trading areas. What would you do with this pub to make it even more of a success?

The area:

The Blues Smokehouse is situated on High street in Bracknell’s town centre opposite the Lexicon shopping Centre and cinema complex. The area is made up of 3,659 adults within a 10-minute walk from the front door of the pub. There are 21 other licenced premises within a 20-minute radius of the site.The main customer base is made up of young and midlife adults and families. Large trade area so can maximise peak trading times.

The offer:

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through  75:25 food & drinks offer. What food & drinks would you look to implement in the pub?

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their marketing strategy, food & drinks menu and sports offer and can create a memorable experience for their customers. There is also scope to develop the takeaway element of the business.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

 

  • Foundation Tenancy

  • Catering Kitchen

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

  • 100 covers internally
  • Large beer garden 50 covers
  • Large takeaway business  
  • Catering kitchen 
  • Marquee in garden area 
  • One bar operation 
  • Parking available at multi story
 

Private Accommodation

The private accommodation consists of 3 bedrooms, kitchen, lounge, bathroom.

Pub Financials Icon

Estimated Total Ingoing Costs

£63,950


Estimated Minimum Ingoing Costs

£15,650

Annual Rent
£49,801
Estimated Annual Turnover
£705,861
Deposit
£12,450
Estimated Fixtures & Fittings Value
£40,000
Estimated Stock Valuation
£8,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Location:

High Street, Bracknell, RG12 1DS

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