Under Offer

Globe

76 St Clements Street, Oxford, Oxfordshire, OX4 1AH

Gallery

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Pub overview

Newly refurbished pub on a prominent Oxford road. Heavily populated with students and local residents.

Beyond the doors of this prominent corner plot pub is a one room operation with a beautiful off bar snug. There is ample seating for 60 covers inside, a first floor trade kitchen, ample living accommodation and the added bonus of a nice, enclosed rear garden.

Aspirational pub opportunity which would suit an innovative, inspirational operator to re-establish this business as a main player in its locale. It has a huge opportunity to develop the drinks range and a new menu offer.

Trade space
Bars 1
Dining rooms 1
Food covers 60
Trade kitchens 1
Patio areas 1

Functional accommodation quarters comprising 3 double bedrooms, a lounge, kitchen and bathroom/wc.

Private space
Private Rooms 7
Lounge 1
Double bedrooms 3
Private Kitchen 1
Bathrooms 1
Toilets 1

Rent information

Annual rent £26,000 per annum
Weekly rent £500.00 per week fixed
Notes

£26,000 per annum, £500 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie. All terms negotiated on agreement.

Approx £27,650 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent).

Brokers £675 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £10,000 Working capital £5,000
Other costs £5,000 Total entry cost £27,650

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

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 66 1,301 1,747
2015/16 80 948 2,342
2014/15 62 1,455 1,857
Volume notes

Location

The pub is situated on St Clement's Street on the south side of Oxford, 1.5 miles from the historic city centre. Local shops and schools are excellent.

Facilities

Trade bar
Dining area
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday - Thursday 11:00 to 00:30 Friday & Saturday 11:00 to 01:30

Contact Us

Wayne Farrell

Business Development Manager

Call us today 01284 714 497

Apply online
“ The pub is located on the very busy St. Clements road, surrounded by retail and residential properties, with housing that includes both local residents and students. The pub has recently been refurbished throughout to a very high standard by the current tenants and has a newly fitted trade kitchen and rear enclosed garden. ”