Overview

Looking to run a pub?

The Horse & Groom, Mortimer, Berkshire is lovely Cask Marque community village pub situated in a desirable village on Mortimer Common, opposite the Mortimer Cricket Club and close by the village school there are residents within walking distance and then surrounding villages in the wider area. Reading is also just 4 miles away.

Business Facilities

This cosy pub has a traditional feel with soft wooden furnishings and traditional pub accents. It has a reputation for quality drinks and the pub is always filled with local regulars. With a real community pub feel guests are guaranteed a warm welcome.  The pub also has a beer garden for warmer months.

Accommodation

The domestic accommodation will include two bedrooms.

About the local area

The village of Mortimer is about 4 miles from Reading, with great road and rail links to London and the West Country. The village is surrounded by open countryside with plenty of local walks, the village school is next door to the pub and its opposite Mortimer Cricket Club. The village residents live in a mixture of well-established housing and new builds (many of which is in walking distance) and is growing due to the proximity to Reading. There are also a number of villages in the wider area who are within easy driving distance for an evening or weekend meal or to meet with friends.

This pub may suit

This pub would suit an operator with catering experience, ideally from a managed house or maybe a retail background. You will be keen to create a welcoming pub and to develop this business to its full potential, drive a team and establish it as a popular dining venue which will be known for its service and high standards in the local area.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager

 

Financial Information

Initial Deposit*
£6,000
Full Deposit
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£52
Street Check
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Business Information

Annual Rent
£24,000
Forecasted Annual Wet Turnover
£280,674
Forecasted Annual Food Turnover
£56,756
Forecasted Annual Other Turnover
£3,445
Agreement
5 Year Tenancy

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