Bowyer Arms
Foxborough Road, Radley, Abingdon, Oxfordshire, OX14 3AE
HIVE PUBS - REFURB PLANNED
The Bowyer Arms at Radley is at the heart of the village, almost next door to Radley train station and surround by local residents. A full refurbishment across all trading areas is planned, bringing a fresh feel to this beautiful pub, with a contemporary and iconic draught range available in the bar and a flexible space to accommodate all occasions. The pub will attract local residents for lunch & drink occasions, after work drinks, families and sports fans. The pub is zoned in a way that everyone can feel welcome and catered for.
Bar
Dining areas
Garden
Kitchen
Patio
Location
Radley is a village and civil parish about 2 miles northeast of the centre of Abingdon, Oxfordshire. The parish includes the hamlet of Lower Radley on the River Thames. It was part of Berkshire until the 1974 boundary changes transferred it to Oxfordshire.
Business Information
Annual rent
£0
Weekly rent
£0
Entry costs
£8,000
Turnover royalty
n/a
Forecasted Operator Turnover
£676,000
Forecasted Operator Profit (inc machine profit)
£41,700
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
Type of Tie
Agreement
Hive Pub Franchise Agreements are an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay £5,000 entry fee and we take care of the property costs, energy bills and stock. We supply marketing, training, and ongoing support. You can expect to earn a guaranteed minimum income of £20,000 which is paid weekly (£385 per week). In addition, you'll be paid a percentage of weekly sales, known as the weekly turnover share, to cover your staffing costs. Bonuses are available based on business performance and standards audits. Private accommodation is provided where available.
Entry cost of £5000 is payable on change day. This includes legal fees and start up training costs. An extra £3000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.
Deposit
£0
Fixtures & Fittings
£0
Legal Admin Fee
£0
Broker Fee
£0
Stocktaking Fee
£0
Working Capital
£3,000
Other Costs
£5,000
Total Entry Costs
£8,000
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 218 | 2,623 | 10,948 |
| 2022 | 192 | 1,986 | 8,882 |
| 2021 | 136 | 1,394 | 6,526 |
The trade space will be refurbished inside and out, offering an amazing garden with pergola and new patio area. The current children's play area will be removed but giant Jenga, Connect 4 and a chalkboard will be located on the grass for children. Internally a pool table will be added as well as darts, within an improved drinking area. The dining area will be made more comfortable with improved zoning to make the pub more family friendly.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
168
Trade Gardens
1
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
15
Current Premises Licence Opening Hours
Opening hours to be confirmed
The accommodation comprises 3 bedrooms, kitchen, lounge, dining room, toilet, bathroom and office.
Private Rooms
9
Lounge
1
Dining Rooms
1
Double Bedrooms
2
Single Bedrooms
1
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
I am seeking an experienced pub operator/manager who can deliver pub food at volume. This Pub is at the heart of the community and needs somebody that wants to be an active member of this. A Hive pub franchise is the ideal way to step up from management roles to running your own business, or stepping back from tenancy and releasing many of the obligations that type of agreement demands, whilst maintaining the freedom to be your own boss.
Alex De Araujo, Business Development Manager
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