Regional focus on...the Home Counties
Largest towns and cities: Bracknell, Sandhurst, Reading, Slough, Newbury, Thatcham, Windsor, Maidenhead, Wokingham (Surrey), Aylesbury, High Wycombe, Marlow, Amersham, Chesham, Milton Keynes (Buckinghamshire) Southend-on-sea, Colchester, Chelmsford, Basildon, Rayleigh, Harlow, Greys (Essex) Hemel Hempstead, St Albans, Harpenden, Stevenage, Watford (Hertfordshire) Tunbridge Wells, Gravesend, Ashford, Dover, Margate, Maidstone (Kent)
What the experts say: "Pubs in Surrey’s commuter towns have been repositioned into first-class food-focused venues, while retaining a relaxed pub atmosphere. Millions of pounds have been invested, rewarded with record-breaking sales, many trading between £30,000 and £50,000 per week, which only used to be seen in London. Consumer spend is driven by the area’s affluence and midweek dining fuelled by the grey pound. Similarly west Berkshire villages offer quality food houses, and Crossrail ensures the popularity of the county.
"Kent and Essex both appeal to operators of pubs with rooms, who have developed sites elsewhere in the Home Counties. Expect to see opportunities around Tenterden and Chelmsford, while demand continues for coastal destinations.
“Hertfordshire town centre pubs target all-day trade to compete with rising rents and rates. In Buckinghamshire, demand for pubs with large trading areas has increased, in order to maximise food offering. The option to add letting rooms is also an additional revenue stream.” - James Davies, director, Fleurets
On the market elsewhere
The Running Stream, Weybourne, Farnham, Surrey
Price: £55,000
Tenure: Leasehold – part tied
Rent: £31,000
Turnover: Advised current turnover circa £350,000 (inc VAT)
Wet:dry split: 85:15
Landlord: Greene King
Agent: Guy Simmonds 01332 865112
This village inn features a traditional horseshoe-shaped main public bar, an equipped catering kitchen and family accommodation, comprising three bedrooms, a lounge, an office and a bathroom. The site also boasts a good-sized beer garden and customers’ car park for about 30 cars.
The Miners Standard, Winster, Derbyshire
Price: £750,000 (freehold) or £75,000 (leasehold)
Tenure: Freehold or leasehold
Rent: £38,000
Turnover: £250,000
Wet:dry:accom split: 70:20:10
Landlord: Private
Agent: Davey Co Nottingham 0333 200 8788
A rare opportunity offering both freehold and leasehold purchase options, this site offers potential for a multifaceted inn. It includes the freehouse and restaurant operations, leisure facilities and a potential function venue. There is scope to provide additional letting accommodation, such as log cabins, subject to consent.
To find out more about pubs for sale, lease and tenancy visit our property site.
