82 St Clements Street, Oxford, Oxfordshire, OX4 1AW
Great pub business available on St Clements road Oxford with strong trade and unique rear garden.
Traditional pub business on the busy St. Clements road. The pub benefits from having two bars and rooms, catering kitchen and large rear garden. The pub is renowned for good quality beers and great food. There is the potential for significant investment through refurbishment both inside and the garden. There is also the opportunity to re-introduce a large function room on the upper floor. To the rear of the property is a self contained managers cottage.
The pub has two bars servicing two separate trading rooms. Male and female toilets are also on ground level. There is a catering kitchen and the rear door leads out into a very large decked garden area that is enclosed.
To the rear of the property is a self contained managers cottage comprising of a single bedroom, kitchen, bathroom and lounge area.
|Annual rent||£30,000 per annum|
|Weekly rent||£576.92 per week fixed|
£30,000 per annum, £576.92 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £33,150 which includes all stock, glassware, crockery, cutlery, cleaning materials, legal, brokers and stocktaking fees. Training fees, schedule of condition, working capital and deposit (25% of head rent minimum £6,000). *F+F costs are still to be valued* an assisted purchase scheme can be used with the right operator*
|Fixtures & fittings||£10,000||Working capital||£10,000|
|Other costs||£4,000||Total entry cost||£33,150|
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)|
The pub is situated on St. Clements road, a busy south Eastern entrance into Oxford and is slightly set back from the road, allowing for outdoor seating to the front of the pub. To the rear is a large enclosed garden with managers cottage. The pub backs on to housing, populated with local residents and students.