Tenancy - Wallingford Arms, Didcot

Location
Didcot, Oxfordshire
Salary
Business Opportunity
Posted
02 Aug 2017
Closes
02 Sep 2017

PUB OVERVIEW

A fantastic opportunity to open a brand new refurbished pub and become the premier site for food in the area.

The Wallingford Arms will be positioned as a quality local food pub with an extensive draught range plus craft and real ales, alongside the draught offer will be a selection of great wines and spirits & soft drinks. The planned investment will support this vision and this pub will be the pub of choice locally for great service, drinks and food. Situated on a busy main road the pub benefits from a large car park and large external area at the front. It will have a new commercial kitchen which will be equipped to deal with the anticipated demand upon reopening. The refurbishment of the property will mean that this is a pub that will have a complete offer with the perfectly designed kitchen, cellar & of course trading space.

BUSINESS INFORMATION

Entry cost from: £18,950.00

Annual rent: £31,000.00 per annum

Agreement Tenancy – Tenancy

Type of Tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List

LOCATION

Didcot is town that is expanding rapidly & quickly, There are approximately 3000 new houses being built just a short drive from the pub and there is more expansion planned over the next few years. The pub is 5 minutes from the A34 which is the main route between the M40 (Buckinghamshire) and the M4 (Berkshire). Its location at the center of the town means that it has a great roadside presence and with the redevelopment of the premises it will have great passing appeal and prominence.

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.

CURRENT PREMISES LICENCE OPENING HOURS

Sunday to Wednesday 09:00 - 01:30 Thursday 09:00 - 02:30 Friday & Saturday 09:00 - 03:30

About the business

TRADE SPACE

The internal trading area is currently open plan and this will be greatly enhanced within the scheme. There is a good sized commercial kitchen which is being developed further and ample storage to the rear of the property capable of serving a large restaurant styled offer if necessary. Currently the pub is not trading but the substantial investment in the pub when the right operator will transform this business locally. There is great potential to build a new business, maximising on several income streams and create a fantastic dining experience for Didcot.

TRADE SPACE

Bars 1

Car park spaces 16

Dining rooms 1

Food covers 118

Gardens 1

Trade kitchens 1

Patio areas 1

PRIVATE ACCOMMODATION

The private accommodation is all located on the first floor of the property. There are 3 bedrooms, a great family bathroom, lounge and kitchen. All of the accommodation will be refurbished throughout and finished to a high standard.

PRIVATE SPACE

Private Rooms 7

Lounge 1

Single Bedrooms 1

Double bedrooms 2

Private Kitchen 1

Bathrooms 1

Toilets 1

This is a brilliant opportunity to recreate this business and make it the pub of choice locally. This business has been closed for almost 2 years but significant developments in the local demographics means that the time is now right to develop this business and capitalise on the positive changes locally.

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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