Tenancy - Lamb

7 days left

Location
OX44 7SL, Oxford
Salary
Business Opportunity
Posted
01 Jun 2017
Closes
01 Jul 2017

PUB OVERVIEW


A beautiful and well presented thatched roof 16th century pub in the village of Chalgrove.


*INVESTMENT OPPORTUNITY FOR THE RIGHT OPERATING PARTNER*
*SUBSTANTIAL FOOD AND EVENTS OPPORTUNITY*
*ACCESS TO DISCOUNTED BEER PRICES*


The current food offering sources local ingredients from the village and surrounding areas. The pub in the past has enjoyed a good wet trade boosted by darts teams, aunt sally, pool, crib and village cricket teams. The gardens host regular annual events such as beer festivals, charity fun days and a large vintage cycle rally.


BUSINESS INFORMATION
Entry cost from: £44,650.00
Annual rent: £31,750.00 per annum
Agreement Tenancy – Standard Tenancy
Type of Tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List

LOCATION
Chalgrove is a village and civil parish in South Oxfordshire about 10 miles southeast of Oxford. The parish includes the hamlet of Rofford and the
former parish of Warpsgrove with which it merged in 1932. It remains a rural route from Oxford to Henley on Thames

CURRENT PREMISES LICENCE OPENING HOURS
Sunday - Thursday: 10:00 - 00:00 Friday & Saturday: 10:00 - 02:00
About the business

TRADE SPACE
There are 3 main trading areas. The dining area has 45 covers at the
rear of the pub, the snug bar with 16 covers and a large open fireplace
and the public bar at the front of the property which currently caters
for wet sales and village sports such as darts etc. There is easily space
for 50 people standing in the public bar. All areas are well presented
with an enormous working open fire and bags of character. The garden
has been used previously to house livestock.

Bars 2
Car park spaces 25
Dining rooms 2
Food covers 60
Gardens 1
Trade kitchens 1
Patio areas 1

PRIVATE ACCOMMODATION
4 bedrooms, 2 bathrooms (1 separate with en-suite), a study, a
kitchenette and a lounge. The private accommodation is in good
condition.

PRIVATE SPACE
Private Rooms 11
Lounge 1
Single Bedrooms 2
Double bedrooms 2
Private Kitchen 1
Bathrooms 2
Toilets 2

FINANCIAL INFORMATION
Approx £44,650 which includes fixtures and fittings, stock, glassware,
crockery, cutlery, fuel and cleaning materials, legal, brokers and
stocktaking fees, rent in advance, training fees, working capital and
deposit.


RENT INFORMATION
Annual rent £31,750.00 per annum
Weekly rent £610.58 per week fixed
Notes £31,750 per annum, £610.57 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. *Machine Income free of tie* This rent is for an initial let in its current condition for a 12 month period, whilst a development plan is agreed with the preferred partner.

Brokers £675.00 Legal £825.00
Deposit £10,000.00 Stocktaking fees £150.00
Fixtures & fittings £18,000.00 Working capital £10,000.00
Other costs £5,000.00 Total entry cost £44,650.00

ESTIMATING TURNOVER
You will need to estimate the turnover you expect to achieve from the
pub, with regard to food and accommodation (if applicable). Barrelage
figures are given to assist you with calculations.
Calculators to help you are available on the business planning section
of our website.

WHY CHOOSE US?
By choosing Greene King, you’ll be joining one of the Uk’s most successful and respected leased and tenanted pub companies. With a heritage of
running pubs and brewing beer that can be traced back over 200 years, at Greene King we’re proud of our history and confident that, as the
country’s leading pub retailer and brewer, we can help make your pub the success it deserves to be.

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