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VILLAGE LOCAL

New Inn

Chalkhouse Green Road, Kidmore End, Reading, Berkshire, RG4 9AU

Ingoing Cost: £19,316
Annual Rent: £48,000

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Letting Rooms

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Car Park

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Restaurant/Dining

Property details

Kidmore End is a small village just north of Sonning Common, Caversham, and Reading, and also close to Henley on Thames. There are excellent amenities in Reading and Henley. Kidmore End is just off the A4074 Reading to Oxford road.

The New Inn is a traditional Inn within an elegant yet characterful building. It has traded as a stylish weekend getaway, and as a business stopover, and the rooms do not disappoint either group. Food is served on an informal basis, and the traditional bar feel has been retained.

Internally the bar has 22/30 covers, the restaurant 48 covers, a trade kitchen, and WC’s incl disabled.

The pub benefits from six en-suite letting rooms - (two double, one queen, and three king).

Externally, there is a garden with 60 covers and space for many more.

The private accommodation consists of two double bedrooms, an office, a kitchenette, and a bathroom, all in excellent condition.

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Catering Kitchen

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Experienced Operator

Trading style

The current market is based around the three areas of the pub, bar trade, food trade, and accommodation business. There is scope to envelop all three with good function potential in the large trade garden.

The landlords seek seasoned operators with experience in quality letting accommodation and food service, but with mine host personalities to run the bar trade. Applicants must have or be able to apply for a personal licence.

Key financials

Reference Number: IL3NZO /
Agreement Type: Tenancy

Min Ingoing Cost: £19,316.00
Annual Rent: £48,000.00

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

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

Rent: £48,000 per annum payable weekly in advance by direct debit. Retail Price Indexation applies to rents.

Estimated Ingoings: Circa £19,316 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 £19,000 excl VAT

Working Capital is circa £6,000

The current rateable value is Draft 2023 figure of £17,750. 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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MISREPRESENTATION ACT 1967

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