Featured Pub to let
REDUCED INGOINGS NOW £149,950 Landmark Oxfordshire public house with high turnover of food due to its excellent location! ...
REDUCED INGOINGS NOW £149,950 Landmark Oxfordshire public house with high turnover of food due to its excellent location! ...
The Six Bells is a community pub located just off the A40 Oxford ring road on a high visibility corner plot. A great reputation has been built up over the last year for a convivial drinking atmosphere, SKY sports and a value for money food offer. The recently improved pub garden has also proved to be popular. This is a pub which trades well on a full range of occasions from morning coffee, through lunch, dinner and late evenings.
3 Year Tenancy Agreement
Free of Tie on Wines, Spirits, Minerals & Machines
£37,375
£37,000 p.a.
£712.00 per wk
"In the hands of an experienced operator The Six Bells will deliver a high level of sales with emphasis on lunchtime business and family dining occasions. The large car park is a clear advantage for a business capable of this volume. In recent months much work has been done to market and present the business in a very professional manner and service standards and food quality have been highlighted in recent diner surveys. The condition of the property is also excellent, meaning the new licensee would be able to operate straight away without the need to redecorate or refurnish immediately."
T: 07974 132031
There are few better locations in the Oxford area. Situated just off the Oxford ring road at the junction of the A40 leading to the city centre to the west and to London via the M40 to the east. Oxford city centre is a short bus journey away and Oxford Brookes University is within easy reach. The famous BMW factory is also on the doorstep providing an excellent business opportunity to attract workers and tradesmen alike.
There is a large bar area immediately upon entering the premises and this is split into two clearly defined areas. The snug bar to the front of the building with views across the car park and across to the busy junction. The main bar is situated directly in front of you and is a great meeting point for chatter or for watching SKY sports. Further on through is the dining area with approximately 40 covers and this is served by a fully equipped commercial kitchen. External: There is a patio to the front and an impressive, secluded garden area complete with canopy and smoking shelter. Also featured is a fully functional Aunt Sally throw. As previously mentioned the large car park has space for up to 30 cars.
The private accommodation is excellent with 3 double bedrooms and a bathroom/toilet.
3 Year Free of Tie Rolling Agreement - Free of Tie on Wines, Minerals, Spirits & Machines. No rent review and a capped RPI increase at 4.75%. Service agreement to include repair and maintenance package.
£37,375 to include: fixtures & fittings approx. £25,000, stock, glassware, crockery, cutlery, fuel & cleaning materials £5,000, legal Fees £695, annual licence fee £180, brokers & stocktaking fees £850, training fee £650 and security deposit £5,000 min.
£37,000 per annum, £712 per week fixed and subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.
| YEAR | WET | DRY | MACHINES |
| MAT | £253,000 | £85,000 | £6,000 |
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Sales figures are given to assist you with calculations.
Volume Discount Scheme (VDS) £100 per barrel over Beer Barrelage Target (BBT). Two weeks trading terms.
Sunday to Thursday: 11.00 - 00.30 Friday & Saturday: 11.00 - 01.00
Would ideally suit applicants with experience in high volume food and drink businesses with a desire to be a central point in the community. An aptitude for marketing and financial controls is an advantage and a proactive approach to building the business for the future.
Informal viewings can be made by either visiting the pub as a customer, or telephoning the Regional Manager, Peter Knowles on 07974 132031.
If you have viewed the property and identified that it's right for you, you may apply online or telephone 01284 714497 to register your interest. You will need to complete an application form if you have not already done so and return it immediately.
Greene King Pub Partners | Recruitment | Abbot House | Bury St Edmunds | Suffolk | IP33 1QT | Tel: 01284 714497
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