Crown

52 High Street, Benson, Wallingford, Oxfordshire, OX10 6RP

Gallery

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Pub overview

Historic coaching inn with six letting rooms, nestled at the foot of the Chiltern hills with the opportunity for significant investment.

The Crown sits in the heart of the bustling village of Benson on the south side of Oxford. With an excellent bar trade, smart restaurant area and 6 letting rooms. This presents a great and diverse business opportunity for the right operator. An open patio area to the side of the property provides a peaceful area for outside eating and drinking. There is also a decent sized car park to the rear of the property and a secluded garden.

*Applicants will be considered with a minimum investment of £25,000*

The internal trade area comprises of three distinct areas. There is a main bar area immediately upon entry to the premises which comfortably accommodates chattering drinkers, pool players and TV viewers. A separate area provides comfortable dining facilities. The third area is, of course the letting accommodation. This includes six letting rooms which are all decorated to a good standard. The catering kitchen is ample sized and well equipped and there is a ground floor beer cellar for easy storage and management.

Trade space
Bars 1
Car park spaces 12
Dining rooms 2
Food covers40
Trade kitchens 1
Rooms to let 6
Patio areas 1

The Crown includes manager's accommodation of a lounge, 3 bedrooms and a bathroom/toilet.

Private space
Private Rooms5
Lounge1
Double bedrooms3
Bathrooms1

Rent information

Annual rent£38,500 per annum
Weekly rent£740.38 per week fixed
Notes

£38,500 per annum, £740.38 per week fixed and subject to only annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check. Machine income free of tie.

Entry costs approx £44,150 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel, cleaning materials, legal, brokers, stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). *Applicants will be considered with a minimum investment of £25,000*

Brokers£675Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£25,000Working capital£10,000
Other costs£1,500Total entry cost£44,150

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)
2017/18193472,269
2016/171852,392
2015/1611071,088
Volume notes

Location

Benson is home to the famous RAF base and is only a short drive from the historic University city of Oxford. With open countryside just a stone's throw away this is a delightful place to work, live and to bring up a family.

Facilities

Trade bar
Car park
Dining area
Trade kitchen
Letting rooms
Trade patio

Current premises licence opening hours

Sunday - Thursday 10:00hrs - 23:30hrs Friday & Saturday 10:00hrs - 00:30hrs

Contact Us

Wayne Farrell

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The Crown would benefit from an experienced operator to build on an established trade that is popular with local residents and the travelling public alike. Local activities would be well catered for and there would be a strong emphasis on teams and local events. There is a dining area adjacent to a well proportioned catering kitchen which would allow serious publicans the opportunity to further grow a great food business. ”