The Borough Arms
77 High street
Hungerford
West Berkshire
RG17 0NA
Est. Ingoing Costs £17,000
More about The Borough Arms
This pub would suit new Business Partners who are community minded, able to host live entertainment events and manage pub teams. The ability to produce a small food offering would be an advantage and a passion to serve our quality beers to the highest standard. This is a great opportunity for a new Business Partner wishing to enter the licensed trade.
The “Borough” currently operates as totally wet led and is used frequently by the local pool and darts teams. Locals step a few hundred yards up the high street to visit the pub, it is very well known as the highstreets ‘fun pub’ due to the current atmosphere, events and entertainment. The trade kitchen provides opportunity to offer food, this would enhance the trading potential and would utilise the stunning trade garden and patio area.
- Deposit £8,000
- Fixtures & Fittings TBC
- Stock (estimated to be) £4,000
- Working capital (minimum) £5,000
- Total (circa) £17,000
Accessed from the main road, you enter the single bar with pool table, dart board and cozy log burning stove. A corridor of the bar servery leads to the customer toilets and trade kitchen. To the rear of the building is comfortable seating and dining tables totaling to 50 covers.
Patio doors take you out into the garden, which consists of two patio areas one is covered with a beautiful pergola and a spacious lawned area which is great for benched seating. Access to the cellar storage rooms via a metal staircase.
Accessed from the patio area via an external staircase, the private accommodation consists of two large double bedrooms, a large lounge, kitchen and bathroom with a shower only.
For more advice on taking a pub tenancy and benchmarking costs of similar pubs, go to:
BBPA: www.beerandpub.com
ALMR: www.almr.org.uk
BII: www.bii.org
PEAT: www.bii.org/BII/Industry-Advice/PEAT.aspx
Code of Practice Tenants: www.thepubgoverningbody.co.uk/wp-content/uploads/2016/08/Code-of-Practice-Tenants.pdf
Code of Practice Lessees: www.thepubgoverningbody.co.uk/wp-content/uploads/2016/08/Code-of-Practice-Lessees.pdf