Black Swan

17 Bath Street, Abingdon, Oxfordshire, OX14 3QH

Gallery

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Pub overview

Established town centre pub with strong existing trade and potential for food.

Slap bang in the middle of busy Abingdon town centre, the Black Swan is a popular pub with a consistently strong wet-led trade. Serving good value food and a cold pint, the pub benefits from a strong sports offering in a high footfall location. With a pool table and darts, the pub has a vibrant busy feel from breakfast through to evening that is well appreciated by the pubs regulars and passers by alike.

From walking into the pub the bar is dead ahead, forming the centre point. There is a pool table off to the left with darts, and a casual seating / dining area off to the right.

Trade space
Bars 1
Dining rooms 1
Food covers30
Trade kitchens 1

The private accommodation is in good condition and comprises three bedrooms, a private kitchen, lounge, bathroom, and separate office.

Private space
Private Rooms8
Lounge1
Single Bedrooms1
Double bedrooms2
Private Kitchen1
Bathrooms1
Toilets1
Office1

Rent information

Annual rent£28,000 per annum
Weekly rent£538.46 per week fixed
Notes

£28,000 per annum, £538.46 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £34,050 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).

Brokers£675Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£15,000Working capital£5,000
Other costs£6,400Total entry cost£34,050

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
• Tie variations available
• Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
• Flexible pricing options available
• Greene King is responsible for the structure of the building
• Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

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.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2017/181931,700
2016/1718651
2015/162255224,215
Volume notesSite is currently free of tie for wines, spirits and minerals

Location

Abingdon is a bustling market town on the outskirts of Oxford with a growing population of around 33,000. With a strong cultural history, and being just 5 miles south of Oxford, the town has undergone much recent development and continues to flourish as a popular place to live with a great selection of local schools and historic attractions.

Facilities

Trade bar
Dining area
Trade kitchen

Current premises licence opening hours

Monday - Wednesday 09:00 - 00:30 Thursday - Saturday 09:00 - 03:00 Sunday 11:00 - 00:30

Contact Us

Wayne Farrell

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ This pub represents a rare opportunity to run an already busy town centre pub, in a growing town with massive potential for further growth, especially in terms of food. Such venues don't come to market often, so this really is a fantastic opportunity to build on an already well appreciated sports led local. ”