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The Royal Oak in St Ives offers a great opportunity to revitalise this town centre pub. The site is currently trading at 100% wet sales and attracting only the local drinkers, however our refurbishment plans will create an all day appeal to the existing customer base, shoppers, tourists and students alike. The refurbishment will create a relaxed atmosphere, interspersed with the smells of fresh coffee, hot food and real ale. This will re position the site to an offer featuring pizza (from purpose built pizza oven) and simple sandwiches, grills and cakes, alongside a strong range of drinks. We envisage the site becoming a true centre of the local community.
The market town of St Ives is a hidden gem set in the beautiful north Cambridgeshire countryside. There are many appealing reasons to visit, such as the tranquil riverside, the traditional weekly markets and the soon to be refurbished Royal Oak.
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Standard Tenancy Agreement A fixed 5 year term
Entry cost is approximately £33,625.00 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £43,000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
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 & 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)|
The trade space features a single bar with four distinct trade areas, which open to the rear courtyard. The site has approximately forty food covers.
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises Licence Opening Hours
The living accommodation will be improved and consists of four bedrooms, kitchen, lounge and bathroom
I am searching for an experienced town centre operator who can revive this business and relaunch it in line with our refurbishment plan. The business is currently under utilised and the new operator will be able to have a real impact on the site. For further information, please contact our recruitment team for further information.
Lee Jarvis, Business Development Manager
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