The Globe, Oxford - Tenancy Opportunity

Location
OX4 1AH, Oxford
Salary
Business Opportunity
Posted
24 Aug 2017
Closes
24 Sep 2017

The Globe, Oxford - Tenancy Opportunity

PUB OVERVIEW

Newly refurbished pub on a prominent Oxford road. Heavily populated with students and local residents. Beyond the doors of this prominent corner plot pub is a one room operation with a beautiful off bar snug. There is ample seating for 60 covers inside, a first floor trade kitchen, ample living accommodation and the added bonus of a nice, enclosed rear garden.

BUSINESS INFORMATION

Entry cost from: £27,675

Annual rent: £26,000 per annum

Agreement Tenancy – Standard Tenancy

Forecasted Operator Machine Profit: TBC

Forecasted Operator Profit (including machine profit): £23,435

Forecasted Operator Turnover: £271,917

Average Beer & Cider Discount*: 0.00 * dependent on sales mix

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

LOCATION

The pub is situated on St Clement's Street on the south side of Oxford, 1.5 miles from the historic city centre. Local shops and schools are excellent.

TRADE SPACE

Aspirational pub opportunity which would suit an innovative, inspirational operator to re-establish this business as a main player in its locale. It has a huge opportunity to develop the drinks range and a new menu offer

PRIVATE ACCOMMODATION

Functional accommodation quarters comprising 3 double bedrooms, a lounge, kitchen and bathroom/wc.

The pub is located on the very busy St. Clements road, surrounded by retail and residential properties, with housing that includes both local residents and students. The pub has recently been refurbished throughout to a very high standard by the current tenants and has a newly fitted trade kitchen and rear enclosed garden

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