Port Mahon

82 St Clements Street, Oxford, Oxfordshire, OX4 1AW

Gallery

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Pub overview

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.

Trade space
Bars 2
Dining rooms 2
Food covers 60
Function rooms 1
Gardens 1
Trade kitchens 1
Patio areas 1

To the rear of the property is a self contained managers cottage comprising of a single bedroom, kitchen, bathroom and lounge area.

Private space
Private Rooms 5
Lounge 1
Double bedrooms 1
Private Kitchen 1
Bathrooms 1
Toilets 1

Rent information

Annual rent £30,000 per annum
Weekly rent £576.92 per week fixed
Notes

£30,000 per annum, £576.92 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit. Machine income free of tie

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*

Brokers £675 Legal £825
Deposit £7,500 Stocktaking fees £150
Fixtures & fittings £10,000 Working capital £10,000
Other costs £4,000 Total entry cost £33,150

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)
2017/18 202 1,115 4,098
2016/17 229 1,219 4,282
2015/16 215 1,186 3,950
Volume notes

Location

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.

Facilities

Trade bar
Dining area
Function room
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday - Thursday - 11:00hrs - 00:30hrs Friday - Saturday - 11:00hrs - 01:30hrs

Contact Us

Wayne Farrell

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ Traditional pub business on the busy St. Clements road. The pub benefits from having two bars and trade 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. ”