Queens Arms

2 Manor Road, Didcot, Oxfordshire, OX11 7JY

FREE OF TIE OPTION AVAILABLE!

The Queens Arms is a popular wet led community pub within close proximity of Didcot Parkway Railway station. The pub offers a tremendous opportunity to take it to the next level, primarily by introducing a quality food offer and becoming the focal point of the local community. The site is already popular with local residents and local workers, who use the pub both during the week and at weekends to socialise and watch sport on TV. We are offering this site with a free of tie option, to enable you to compete with the local labour clubs and to have total freedom of product choice.

Location

Didcot is a railway town and civil parish in the ceremonial county of Oxfordshire and the historic county of Berkshire. Didcot is fifteen miles south of Oxford, ten miles east of Wantage and fifteen miles north west of Reading. The Queens Arms is located in a residential area in the north of the town.

Business Information

Annual rent

£26,000

Weekly rent

£500

Entry costs

£23,900

Turnover royalty

n/a

Forecasted Operator Turnover

£228,903

Forecasted Operator Profit (inc machine profit)

£27,558

Forecasted Operator Machine Profit

£2,000

Average Beer & Cider Discount*

Type of Tie

Free of Tie: All products

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation. Machines income shared 50/50

Entry costs approximately £23,900.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is £6,500. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£6,500

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£15,000

Other Costs

£1,150

Total Entry Costs

£23,900

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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2020 74 377 1,075
2019 156 466 2,029
2018 172 557 1,764

The trade space offers a ground floor trade area with lounge bar and snug/games room. The Kitchen and toilet facilites are also on the ground floor. There cellar is below ground level. Externally there is a small car park, patio area and small garden laid to lawn

Trade Bars

1

Trade Dining Areas

1

Trade Kitchens

1

Trade Food Covers

40

Trade Gardens

1

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

5

Current Premises License Opening Hours

Sun-Thu: 07:00 - 00:30
Fri-Sat: 07:00 - 01:30

The living accommodation comprises three bedrooms, lounge and bathroom

Private Rooms

5

Lounge

1

Dining Rooms

0

Double Bedrooms

3

Single Bedrooms

0

Bathrooms

1

Toilets

0

Private Kitchens

0

Offices

0

Bedsits

0

BDM Portrait

I am seeking an enthusiastic licensee with a passion for serving their local community. The pub would be suitable for a first timer or experienced licensee. The Queens Arms is currently 100% wet led but offers great potential to introduce and develop a food offer. For further information, please contact the recruitment team.

Wayne Farrell, Business Development Manager

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