Prince of Wales

Reigate, Surrey

Available : Immediately

Agreement : 5-Year or Partnership

Ingoing Costs : £15,000

Named after a locomotive and once owned by British Rail, the Prince of Wales is a characterful, wet-led community pub with four letting bedrooms, occupying a prominent position in the sought-after market town of Reigate, Surrey.

Set at the foot of the North Downs, Reigate is one of Surrey’s most attractive and affluent market towns, offering strong local demographics, excellent commuter links and a vibrant town centre. The Prince of Wales benefits from a prime footfall location next to Reigate railway station and within easy reach of residential neighbourhoods, the town centre, Reigate Castle, Priory Park, Reigate Caves and a wide network of walking routes, giving the pub access to local residents, commuters, visitors and destination trade.

Currently trading seven days a week from midday onwards, the Prince of Wales already possesses a strong community base, attracting after-work trade, friendly regulars, pool and darts players, quiz teams, live music customers and private event bookings. A simple daily food offer is in place, focused on burgers, chicken, loaded fries and sides, providing an excellent foundation for an experienced operator to develop an extended, quality food offer alongside a well-run wet trade.

Internally, the pub offers a flexible trading layout with a feature servery, relaxed bar area, lounge bar, pool room and darts area, providing approximately 50 covers in total. A good-sized, trade kitchen supports the food opportunity, while the four letting bedrooms on the second floor, three doubles and one twin, three of which are en-suite, create an additional revenue stream for an operator able to manage accommodation alongside the core pub business. Externally, the pub benefits from a small, covered rear patio leading to a long, enclosed shingled garden with bench seating, an outdoor BBQ area and a private customer car park.

The tenants private accommodation is set out on the first floor of the building and includes two double bedrooms, a large lounge, kitchen, bathroom and small balcony area.

The Prince of Wales presents an exciting opportunity for a capable, hands-on operator to reposition the business and unlock its full potential across wet sales, food, events and accommodation. Available quickly for the right applicant, flexible agreement options are available to include a traditional tenancy or a partnership agreement. It is looking for an experienced, commercially minded operator with the energy, standards and marketing drive to run a multi-faceted business and bring together all areas of trade. The ideal applicant will be confident delivering great beer, quality food, engaging events, strong local marketing and a welcoming accommodation offer, in order to re-establish the Prince of Wales as a stand-out pub in Reigate.

To view and download the full trading information and letting details for this site, please click on the following link: https://snea.me/PrinceofWalesReigateSurrey

For more information or to arrange a formal viewing of this site, please contact the tenancy recruitment team on 01795 542132 or email us at tenancyrecruitment@shepherdneame.co.uk

Prince of Wales

Reigate, Surrey

Available : Immediately

Agreement : 5-Year or Partnership

Ingoing Costs : £15,000

On the Market