52 High Street, Benson, Wallingford, Oxfordshire, OX10 6RP
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.
|Car park spaces||12|
|Rooms to let||6|
The Crown includes manager's accommodation of a lounge, 3 bedrooms and a bathroom/toilet.
|Annual rent||£38,500 per annum|
|Weekly rent||£740.38 per week fixed|
£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*
|Fixtures & fittings||£25,000||Working capital||£10,000|
|Other costs||£1,500||Total entry cost||£44,150|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
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.