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Castle Inn Cold Ash

Pubs & Bars • Cold Ash Hill, Thatcham, Berkshire RG18 9PS Management opportunity
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Summary

The Castle Inn is a traditional village pub with something to offer all members of the community. Already popular for well-kept cask ale and home-cooked food, A lovely beer garden has plenty of furniture for customers to relax with drinks or dine al fresco.

Description

The Castle Inn is a traditional village pub with something to offer all members of the community. Already popular for well-kept cask ale and home-cooked food,  A lovely beer garden has plenty of furniture for customers to relax with drinks or dine al fresco. The Castle Inn is one of two pubs in the village . Whether new to the trade or an experienced operator, Stonegate Publican Partnerships is interested in hearing from those who can provide a warm welcome whilst attracting new customers. This cosy, one-room operation is traditionally decorated with carpeted floors, some wood-panelled walls and an exposed brick fireplace. The pub has a great reputation for well-kept cask ales, and a range of these can be found on the central bar servery, along with international brands. To either side of the bar is a range of loose tables and chairs, stools and fixed bench seating for around 30 covers. There is room for live music, which has proven particularly popular at weekends. The well-equipped trade kitchen is in good condition and ideal for supporting a traditional menu. The patio garden to the front of the pub is visible from the main road and provides a highly visible retail offer to passing trade. This pleasant space could benefit from plenty of greenery and hanging baskets, and there is a range of picnic furniture and space to seat over 40 guests. A large car park to the rear of the building can accommodate 20 vehicles. Key Features • Well established following from locals • Can accommodate 30 dining covers • Traditionally decorated throughout and well kept • Three-bedroom private accommodation Business & Financial Information • Estimated ingoings (upfront): £12,920 • Full deposit: £12,125 • Agreement fee: £795 • Guide rent (weekly): £933 • Guide rent (annual): £48,500 • Forecast turnover (weekly): £512,604 • Forecast turnover (annual): £512,603 Ideal Operator The ideal operator for this Pub would be someone who can embrace the pub's historical charm, community significance, and potential for business growth. Here’s a profile of the ideal candidate: 1. Passion for Heritage and Community 2. Hospitality Experience 3. Strong Business Acumen 4. Creative Vision 5. Strong Local Connections 6. Flexibility with the Venue Why This Matters The Castle is a cornerstone of its community, and its success depends on an operator who can blend tradition with innovation, ensuring its legacy continues while thriving as a modern business. Private Accommodation The living accommodation would make a lovely family home as it comprises two bedrooms, lounge and a kitchenette. Regional Manager's Thoughts The Castle is a highly regarded pub in an excellent catchment area that requires a publican to drive the trade within this superbly located venue. We are now seeking a new publican who can maximise this business opportunity. The pub has the potential to attract a broad customer base from locals, passing trade and visitors to the area, utilising all the income streams that this great business has to offer. Surrounding Area Cold Ash is a village and civil parish in West Berkshire, around a mile from Thatcham and four miles from Newbury. Cold Ash has a population of around 5,000, and the Castle Inn is in the centre of the village. There are good commuter links and a bus service. Local attractions include Newbury Horse Racing Course and the English Heritage site of Donnington Castle, both of which are around three miles away.

Upfront cost

£12,920
Cost type: Upfront

Key facts

Upfront cost
£12,920
Turnover (annual)
£512,603
Rent
£48,500 (annual)

Location

Cold Ash Hill, Thatcham, Berkshire RG18 9PS
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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