Oakwood Lounge

Fairfield Road, Sauchie, Alloa, Clackmannanshire, FK10 3DE

Pub overview

Community business available with private accommodation.

The Oakwood is a well established community pub in Sauchie, that benefits from a function room and is well supported for live sport and entertainment. The pub does have a trade kitchen that is not utilised so there is huge potential for the right operator to introduce a food operation and to reconsider the current use of the function room as a lounge bar. There is also the rare inclusion of a 3 bedroom house.

This is already a successful site and features a large public bar popular for watching live sporting events, a conservatory known as "the wee room" which is available to hire separately, and a games room with 2 pool tables, dart boards and juke box. A separate entrance leads into the function room, which could trade as a lounge bar.

Trade space
Bars 2
Car park spaces 10
Dining rooms 1
Food covers 50
Function rooms 1
Trade kitchens 1

There is particularly good accommodation for a tenant at this pub, a detached 3 bedroom house which sits to the rear of the pub with the benefit of family accommodation separate from the main building.

Private space
Private Rooms 6
Lounge 1
Single Bedrooms 1
Double bedrooms 2
Private Kitchen 1
Bathrooms 1

Rent information

Annual rent £18,500.00 per annum
Weekly rent £355.77 per week fixed
Notes

£18,500 per annum, £355.77 per week paid weekly by direct debit. All terms negotiated on agreement.

Entry Costs approx £26,625which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). Brokers fees not applicable in Scotland. Fixtures and fittings are still to be valued and as such the figure provided at this time is an estimate.

Brokers TBC Legal £825.00
Deposit £6,000.00 Stocktaking fees £150.00
Fixtures & fittings £10,000.00 Working capital £5,000.00
Other costs £4,650.00 Total entry cost £26,625.00

Agreement description

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

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)
2015/16 227 16 5,165
2014/15 209 40 5,281
2013/14 212 2 6,413
Volume notes Wines, spirits and minerals are free of tie.

Location

The Oakwood is situated on a main road in Sauchie, on the edge of a housing area. There is space for more than 10 cars to park.

Facilities

Trade bar
Car park
Dining area
Function room
Trade kitchen

Current premises licence opening hours

On sales licensed hours are: Sunday to Thursday - 11:00 - 00:00 Friday & Saturday 11:00 - 01:00

Contact Us

Paul Wishart

Business Development Manager

Call us today 0845 607 5330

Apply online
“ The Oakwood is a successful pub in the Sauchie area on the outskirts of Alloa. Developed by the current operator into the place to go for live sport, a drink with friends, a family function, or to watch some of the fabulous entertainment on offer, it really is the hub of the community. ”