96 High Street, Chalgrove, Oxford, Oxfordshire, OX44 7SS
The pub requires a champion of the community operator who can establish an offer different from that of local rivals which could make this pub shine once again.
Developing an events programme for the summer months in the gardens and some basic operating improvement will provide the right operator, with the right business plan, a real opportunity to deliver something special at the heart of Chalgrove.
The internal aspects of the pub are well presented. It is pleasing to the eye. Externally, the property has superb gardens and is located in the heart of the village with good signage.
|Car park spaces||6|
|Child play areas||1|
The private accommodation is of a pleasing size but will require freshening in line with individual tastes.
|Annual rent||£24,000 per annum|
|Weekly rent||£461.54 per week fixed|
£24,000 per annum, £461.53 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check.
Entry Costs approx £33,300 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).
|Fixtures & fittings||£15,000||Working capital||£5,000|
|Other costs||£5,650||Total entry cost||£33,300|
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.
•50/50 profit split of machines income
•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)|
|Volume notes||This site is free of tie for wine, spirits & minerals.|
Chalgrove village is located in South Oxfordshire about 10 miles (16 km) southeast of Oxford. The population of the village is circa 3,000. The village is well served by amenities including primary school, post office, shops, pharmacy, newsagents and a garage. Nearby Monument Park business park supports a diverse range of businesses. Regular local events in recent years have included the May Day Festival and the annual Chalgrove Live Music Festival.