22 August 2018

Oakman to move into Wokingham

AG&G recently brokered the deal to sell the freehold and surrender the lease of the former Café Rouge unit in Wokingham, Surrey, to award-winning pub group Oakman Inns.

The site, in the town’s Market Place, ceased trading under the Casual Dining Group-owned brand last month.

The property comprised a trading and fully fitted restaurant arranged over ground and first floors.The 23-strong Oakman Inns, which is led by Peter Borg-Neal, recently unveiled its £10m investment in the Royal Foresters in Ascot. The site, which had been empty for three years, boasts 24 guest rooms, and an 80-seat flexible function space adjacent to the restaurant.

The group also recently exchanged on the Loch Fyne in Farnham, which will be renamed The Lost Boy – referencing Farnham’s connection with Peter Pan.

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

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