Royal Oak
59 The Street, Wrecclesham, Farnham, Surrey, GU10 4QS
GREAT OPPORTUNITY IN AN ATTRACTIVE VILLAGE
The Royal Oak is a road side pub in the pretty village of Wrecclesham. We are looking for the right operator to re-launch this site by offering a fresh and varied menu with good quality and great standards to bring the pub back into focus for local residents and destination customers. By offering themed events and a solid food menu supported by a good drinks selection, this pub has lots to offer both inside and out and now is your chance to develop this as your own.
Bar
Childplay areas
Dining areas
Garden
Kitchen
Patio
Location
Wrecclesham is a village on the southern outskirts of the town of Farnham in Surrey and is one of the oldest villages in Farnham having a long and interesting history. The A325 road passes through Wrecclesham, connecting it to the garrison towns of Bordon in the south and Aldershot in the north. The A31, connecting Farnham to Alton, runs close by the village.
Business Information
Annual rent
£25,000
Weekly rent
£481
Entry costs
£19,125
Turnover royalty
n/a
Forecasted Operator Turnover
£323,776
Forecasted Operator Profit (inc machine profit)
£24,926
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£72
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement. A fixed 5 year term
Entry cost is approximately £19,125 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 £20,000. 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.
Deposit
£6,250
Fixtures & Fittings
£5,000
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£1,150
Total Entry Costs
£19,125
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 and 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) |
|---|---|---|---|
| 2022 | 49 | 0 | 0 |
| 2021 | 60 | 1 | 0 |
| 2020 | 75 | 0 | 0 |
Central bar supports trading space either side. Drinking and dining is encouraged throughout the premises but can be zoned if required (Sunday’s for roasts etc). Toilets and commercial kitchen are located at the back of the house.
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
65
Trade Gardens
1
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
1
Function Rooms
0
Customer Car Park Spaces
13
Current Premises Licence Opening Hours
Mon - Thu 10:00-00:00
Fri - Sat 10:00-01:00
Sun 12:00-23:00
The private accommodation comprises 4 double bedrooms, bathroom, toilet and office. Scope for conversion to lounge or dining room in bedrooms.
Private Rooms
7
Lounge
0
Dining Rooms
0
Double Bedrooms
4
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
0
Offices
1
Bedsits
0
Greene King Pub Partners are looking for someone with energy and enthusiasm to take this well-established business forward and forge their own identity, concepts and offering. The business will suit any type of operator, experienced or new to the trade, ideally a couple or partnership with one front of house and the other managing the commercial kitchen. A selection of good quality drinks and food are required in equal measures to make this business a success.
Rob Ayling, Business Development Manager
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