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Freehold waterside pub for sale in Reading, known for its local reputation and growth potential

Reading, BerkshireEst. 45 years
Exceptional Freehold Waterside Pub & Business for Sale in Reading Photo 1
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Exceptional Freehold Waterside Pub & Business for Sale in Reading
  • Status

    FOR SALE

  • Advert ID

    655636

  • Freehold: £1,250,000
  • Turnover: £300,687 (£5,782 per week)
  • Profit: On request

Key Features

  • Full alcohol licence held
  • Alcohol retail licence eligibility
  • Potential for alternative uses
  • Ambience suited for gathering

Business Details

Exceptional Freehold Waterside Pub & Business for Sale in Reading

The Fisherman’s Cottage is a well-established, independently operated freehold pub and food business in an attractive waterside location close to Reading town centre. The property and successful trading business are being sold together.

The pub has a strong local reputation and serves freshly prepared food alongside a wide selection of beers, wines, spirits and cocktails. It benefits from loyal regular customers, passing trade, walkers, boat users and visitors to the area.

The premises include welcoming bar and dining areas, a fully equipped commercial kitchen, cellar and storage facilities, customer toilets, an attractive front seating area and an enclosed rear garden.

The property also benefits from a private customer car park with space for approximately eight vehicles. Two-bedroom owner’s accommodation is situated above the pub and includes a living room, kitchen area and bathroom.

All fixtures, fittings, commercial kitchen equipment, bar equipment, appliances and furniture currently used to operate the business are included in the asking price. Stock at completion will be valued separately.

The business achieved a turnover of £300,687 for the financial year ending October 2025. It currently operates only five days per week and remains closed on Mondays, Tuesdays and all Bank Holidays.

There is considerable potential for a new owner to increase turnover by extending the opening days and hours, developing the food offering, hosting additional events and private functions, and expanding online marketing and delivery services.

Competition in the immediate area is limited, as several nearby pubs have closed over the years. The Fisherman’s Cottage is now one of the few remaining established pubs serving the surrounding residential community, with its waterside position, garden and parking providing a distinctive advantage.

The owners are selling to pursue new ventures and a change of lifestyle. The sale is not due to the performance of the business. A suitable handover period and reasonable initial training can be provided by agreement.

The asking price is £1,250,000 for the freehold property, established trading business, goodwill, fixtures, fittings and equipment.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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