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TURNOVER BASED RENT (9%)

Little Angel

Remenham Lane, Henley-on-Thames, Oxfordshire, RG9 2LS

Ingoing Cost: £29,000
Annual Rent: TBC

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Car Park

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Restaurant/Dining

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Wi-Fi

Property details

Situated on the edge of the thriving and affluent Town of Henley on Thames, the pub benefits from its proximity to the Leander Club which hosts the rowing Regatta. It is within walking distance of the town centre and all its amenities. Henley has a population of about 12,000 people is close to Marlow & Reading, and has easy access to London.

The Little Angel sits close to both the Leander Club and Henley Cricket Club, just over the bridge on the fringe of Henley Town Centre. It, therefore, benefits from trade from Henley as well as customers who drive to the pub. Historically this pub has a vibrant drinking trade together with an excellent food business and is food-led.

The trading space is light and airy and benefits from a front bar that has 35 covers, the main restaurant/conservatory that has 65 covers, and a large commercial kitchen.

The outside terrace/deck has 65 covers and its own bar servery. There is a car park for 32 cars.

The private accommodation is currently used as staff accommodation which includes one double bedroom with en suite, two single bedrooms an office, and a bathroom.

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Cask Ale

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Catering Kitchen

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Experienced Operator

Trading style

Renovated in January 2019, the Little Angel is a fantastic restaurant and bar located on the edge of Henley on Thames. With a strong modern British menu, a large bar, and a garden it's the perfect venue to catch up with friends in a relaxed atmosphere.

The current offer is food-led with an extensive modern British menu. There is scope to improve the drinking trade whilst increasing the food offered by use of the outdoor space in the summer and extending the hours in which food is available. The Little Angel needs an operator with a proven track record of operating a food-focused business.

The landlords are looking for a strong and experienced operator with a proven track record of running food-led businesses. A strong and focused business plan is required to maximise this fantastic opportunity. Applicants must have or be able to apply for a Personal Licence.

Key financials

Reference Number: IL3NZO /
Agreement Type: Tenancy

Min Ingoing Cost: £29,000.00
Annual Rent: TBC

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware energy performance certificates are available from the landlord.

Rent - Turnover-based rent 9%. Payable weekly in arrears by direct debit.

Estimated Minimum Ingoings - Circa £29,000 to include a security deposit (3 months of base rent), rent, service charge, insurance advance, stock, glassware, loose goods, and training contribution.

Additional Ingoings:

Fixtures & Fittings are circa £46,210 plus VAT

Working Capital is circa £9,750

Rateable Value: Draft 2017 figure £71,700. Please contact the local authority to find out the actual rates payable.

Five-year tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar cooling equipment, etc. There is a full wet tie unless otherwise agreed.

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