Tenancy Opportunity

Location
OX12 0LN, Wantage
Salary
Target Turnover £240K +
Posted
06 Jul 2017
Closes
07 Aug 2017

The Plough at West Hanney

www.theploughatwesthanney.co.uk  

Fantastic opportunity to run a stunning 17th century FREE OF TIE thatched village pub.

Property Features:

This is an exciting opportunity to run this 17th-century public house which has always been the social hub of this beautiful Oxfordshire village. The Plough has an idyllic rural setting in West Hanney close to Wantage and is only 14 miles from Oxford.

The Plough is a traditional thatched pub with a comfortably furnished interior retaining many original features such as exposed beams, which complement the exterior style of the building. The main trading area is a lovely beamed single bar servery that oozes character and includes an open plan fireplace, leading to a 26 cover restaurant. The site was fully redecorated throughout in 2017. There is a good sized, well equipped commercial kitchen with separate food preparation room that leads to the ground floor cellar and store area.

From the bar area and side entrance access to a back terrace overlooking a walled garden and grassed area with seating for 30+.

Trading Style:

The Plough is a community owned freehouse that currently attracts good trade from both the village of West Hanney and the surrounding areas. The pub already has a good reputation for quality home cooked food and is popular for its selection of well kept local cask ales. It caters for many local clubs and societies including Darts and Aunt Sally teams with the local community taking great pride and interest in the site.

The Plough would thrive with a hands-on couple at the helm who are able to both drive and maintain the high standards already established at the site. Previous experience of delivering good quality, home-cooked food will be intrinsic to the success of the site as well as knowledge and passion for Cask Ales as these are at the heart of the offer at The Plough. The new operators will also need the desire to truly become a part of the community and ensure that the pub is positioned at the heart of the village. Creating a warm, welcoming atmosphere and ensuring the pub is at the centre of village life will ensure continuing success at the site.

This site offers the new operator an exciting opportunity to demonstrate an energetic marketing approach to not only engage customers in the village but to also draw on and develop new customers from the surrounding areas.

Private Accommodation:

This consists of 2/3 bedrooms, 2 bathrooms, office space and a lounge area all fully carpeted and decorated throughout in 2017.

Key Financial Information

Financials & Tenure: 5-year tenancy

Community owned FREE OF TIE site

Rent Circa £20k initially

Incoming costs C. 14K plus F&F neg

Target Turnover £240K +

You will need to estimate the turnover you expect to achieve from the
pub, with regard to food and wet sales. Trading figures will be made available to help you