Property Description
Town centre venue with great footfall.
The Turk will be renovated & available on our Management Agreement, Just Add Talent. It combines our tried-and-tested pub concept with industry-leading training and support for you and your team. Click here for more information on Just Add Talent.
This is your opportunity to run a newly refurbished, ready-made pub with no utilities, stock, rent or maintenance costs. We also supply ready-to-go till, stock ordering and health & safety systems. You can rest assured knowing that we do the detail, so you can Think Bigger.
If you’ve got the talent to manage a team, deliver great service, and know your local community, this is your chance to build a successful pub business.
So, what would you do with The Turk to drive forward our pub concept?
About the pub
The Turk is a welcoming local pub, providing a premium drink range that combines a quality pub atmosphere, live sports and social events. Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. A full refurbishment is planned to help you drive trade.
The Turk is located in the city of Reading, close to the city centre. The pub is surrounded by shops, food and retails outlets and mixed housing.
The pub benefits from being one of 20 pubs found in an area of around 9,366 adults. The main customer base is made up of employed adults and is in a high affluence area.
The offer
You can drive trade through well thought through live entertainment, live sports and darts.
We’re also really interested to hear your ideas on how to drive trade.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
If you’re enthusiastic and you have what it takes to deliver great retail standards.
You love hospitality and are great with customers.
Bring creativity to build a year-round calendar of events that keeps customers coming back.
You know how to turn everyday pub moments into memories, delivering quality and a great atmosphere in a premium setting.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
The Turk will be undergoing a refurbishment which will cover the interior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading area and facilities post refurbishment will be:
Main trading area with bar
Separate dining room
One bar operation with several separate snug areas
HEINEKEN SmartDispense®
Benches to front of pub
Parking five minutes away
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private accommodation consists of 3 bedrooms, bathroom, kitchen, a living room, office.
Premises license available on request.
Agreement Type
Just Add Talent
Property Facilities
Refurbishment Planned
Outdoor Trade
Function Room
Pub Games
Private Accommodation
Property Financials
Additional Information
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
All figures quoted are exclusive of VAT
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
