Royal Oak, Halstead - Tenancy Opportunity

3 days left

Location
CO9 2JG, Halstead
Salary
Business Opportunity
Posted
24 Aug 2017
Closes
24 Sep 2017

Royal Oak, Halstead - Tenancy Opportunity

PUB OVERVIEW

Traditional wet led sports and music venue in a strong community market town.

The Royal Oak is a traditional ale house, situated in the middle of the high street. Popular with shoppers and locals alike and famous for its music and sport events. The pub now needs a strong operator to build upon this and take the pub to the next level, maximising events, and possibly introducing a small food offering.

BUSINESS INFORMATION

Entry cost from: £12,800

Annual rent: £30,000 per annum

Agreement: Tenancy – Standard Tenancy

Forecasted Operator Machine Profit: £11,428

Forecasted Operator Profit (including machine profit): £29,868

Forecasted Operator Turnover: £319,659

Average Beer & Cider Discount: Blended £126 (dependent on sales mix)

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

LOCATION

Halstead is a town in the Braintree District of Essex, 7 miles north of Braintree, near Colchester and Sudbury. An attractive traditional market town with a wealth of shops, restaurants and interesting walks.

TRADE SPACE 

One bar servery, recently refurbished, with a pool table area at the rear and garden space.

PRIVATE ACCOMMODATION

Accommodation is basic and kitchen may need some development. Current office could be a second bedroom

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