Tenancy - Half Moon, Oxford

Location
OX4 1AB, Oxford
Salary
Business Opportunity
Posted
02 Aug 2017
Closes
02 Sep 2017

Tenancy - Half Moon

PUB OVERVIEW
This is a great opportunity to secure a pub with a long history in the thriving
central area of Oxford. We would be happy with the necessary approvals sought to invest into the Pub with the right operator and with the right business plan. This is a small pub with one of the only late licenses in an excellent part of Oxford: it has a long established reputation for locally sourced entertainment, ranging from poetry readings to open mike acts. It has a small trading area served by a single island bar which serves the the two distinct but separate areas of the Pub.

BUSINESS INFORMATION


Entry cost from:£25,650.00
Annual rent:£25,500.00 per annum
AgreementTenancy – Standard Tenancy
Type of Tie:Full tie: Access to Discounted Wines, Spirits & Minerals Price List


LOCATION
The Pub is located on Clements Street, close to the University campuses and near to the Iffley Road and the vibrant Cowley Road.


CURRENT PREMISES LICENCE OPENING HOURS
Mon 17:00 - 01:00 Tue - Fri 17:00 - 02:00 Sat - Sun 12:00 - 02:00

TRADE SPACE
There is a small but unique single trade area which is split into two
areas served by a small island bar.

Bars 1
Food covers 20


PRIVATE ACCOMMODATION
The accommodation is separated into the two parts of the pub with two
separate external entrances leading staircases to a first and a further
second floor above one side of the Pub. There is a staircase behind the
bar which leads to the first floor which has a small bedroom, double
bedroom, bathroom, Kitchen and Lounge area. A separate floor leads to
a further single and double bedroom. The staircase above the cellar
leads to a single, double, Kitchen and Living Room.

FINANCIAL INFORMATION
Entry costs approx £25,650 which includes fixtures and fittings, stock,
glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers
and stocktaking fees, training fees, Schedule of Conditions, working
capital and deposit (25% of head rent, minimum £6,000). The Fixtures
and Fittings are an estimated cost at this time until a formal valuation
is available. Other costs are for the purchase of initial stock and the
first weeks order.


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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