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Vine Nr Basingstoke

Hannington, Tadley, RG26 5TX

Pub Code: 2301362101

Key Features

  • Destination Food pub
  • 70 Covers
  • Conservatory
  • Large Car Park
  • Separate function room
  • Private accomodation

Est Min Ingoing Costs: £15,996

Annual Rent: £29,949

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More Information

The area

The Vine is in the centre of the small village of Hannington in Wiltshire.  The pub is surrounded by residential housing. It benefits from being one of one pubs found in an area of around 419 adults. The main customer base is made up of mature and middle-aged adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food & drinks offer. Utilising the large garden area for weddings and events and beer festivals. 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 destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable experience for their customers.

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…

Trading Area & Facilities

Trading areas and facilities 

  • Main trading area with bar
  • Separate dining room
  • 60 internal covers in conservatory
  • 150 external covers
  • Catering kitchen
  • Function room for 50 people
  • SmartDispense
  • Car park with 30 spaces

Private Accommodation

Private accommodation consists of 5 bedrooms, a living room, kitchen, bathroom.

Annual Rent £
29,949
Estimated Annual Turnover £
419,002
Deposit £
7,487
Estimated Fixtures & Fittings Value £
25,000
Estimated Stock Valuation £
10,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
45,987
Estimated Minimum Ingoing Costs £
15,996
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:

Hannington, Tadley, RG26 5TX

Google map location image of Vine Nr Basingstoke