Rocket Sports Bar & Grill

1-3 Corn Street, Witney, Oxfordshire, OX28 6DB

A CHAMELEON OF A PUB

The Rocket Sports Bar & Grill in Witney is a town centre pub which serves traditional pub food, a fine range of drinks and shows major live sport, with the added benefit of a late night licence, to extend the trading hours over the weekend. This pub can do it all, from good food during the day, relaxed evening drinks and a lively party atmosphere at the weekend. The pub also offers live sport and regular entertainment. Located in the busy town centre, there is real potential here to drive an excellent pub business.

Location

The Rocket is located in Corn Street just off the main thoroughfare within the centre of the Oxfordshire market town of Witney; very much at the heart of the Cotswolds. There are lots of the big High Street chains here along with artisan and independent operators. Witney High Street is very competitive but also busy. Oxford is also only 12 miles away.

Business Information

Annual rent

£32,000

Weekly rent

£615

Entry costs

£13,400

Turnover royalty

n/a

Forecasted Operator Turnover

£512,545

Forecasted Operator Profit (inc machine profit)

£31,513

Forecasted Operator Machine Profit

£13,000

Average Beer & Cider Discount*

£108

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

1 Year Foundation Agreement. Machine income shared 50/50.

Entry costs approximately £13,400, 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 £6,000. Fixtures and Fitting will be rented with weekly payments made.

Deposit

£6,000

Fixtures & Fittings

£0

Legal Admin Fee

£350

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£5,000

Other Costs

£1,150

Total Entry Costs

£13,400

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 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2023 36 158 4,966
2022 45 207 5,049
2021 30 169 3,689

There are two main bar trading areas, one with stage/dance floor.

Trade Bars

2

Trade Dining Areas

2

Trade Kitchens

1

Trade Food Covers

80

Trade Gardens

0

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

1

Customer Car Park Spaces

0

Current Premises Licence Opening Hours

Sun-Thu: 10:00-01:30
Fri-Sat: 10:00-02:30

The accommodation comprises 2 bedrooms, lounge, bathroom, toilet and office.

Private Rooms

6

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

0

Offices

1

Bedsits

0

BDM Portrait

I am ideally looking for an experienced pub operator that has operated late night venues. This new partner needs to be able to embrace a late night offer and be able to deliver two completely different offers, as the day turns to night.

Bruce Wakeling, Business Development Manager

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