Six Bells
3 Beaumont Road, Headington, Oxford, Oxfordshire, OX3 8JN
WET LED COMMUNITY LOCAL
The Six Bells in Headington, is a detached property with large carpark and rear garden, as well as a three bedroom rental cottage adjacent to the building. This is an ideal opportunity for an experienced community operator to drive sales in this heavily wet led pub, via an improved food offer. This site is situated to the east of Oxford with good road networks and a significant population of residential houses and student accommodation close by. The three bedroom rental cottage is ideal for student lets and is within walking distance to Oxford Brookes University.
Bar
Garden
Kitchen
Patio
Location
Headington is a leafy residential suburb home to Oxford Brookes University campus, wooded Headington Hill Park, and sprawling South Park, which overlooks the city centre. The Six Bells lies on the southern edge of Headington with a dense population of residential homes closeby.
Business Information
Annual rent
£30,500
Weekly rent
£587
Entry costs
£31,750
Turnover royalty
n/a
Forecasted Operator Turnover
£341,716
Forecasted Operator Profit (inc machine profit)
£30,050
Forecasted Operator Machine Profit
£8,000
Average Beer & Cider Discount*
£180
Type of Tie
Partial tie: Tied All Beer & All Cider
Agreement
Standard Tenancy Agreement. A fixed 5 year term. Machine income free of tie.
Entry cost is approximately £31,750 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 £25,000. 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
£7,625
Fixtures & Fittings
£6,250
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£15,000
Other Costs
£1,150
Total Entry Costs
£31,750
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 | 40 | 13 | 218 |
2022 | 136 | 822 | 4,694 |
2021 | 172 | 1,323 | 5,094 |
There is one L shaped bar in the ground floor trade area with enclosed garden to the rear. There is ample parking to the front and side aspect.
Trade Bars
1
Trade Dining Areas
3
Trade Kitchens
1
Trade Food Covers
80
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
40
Current Premises Licence Opening Hours
Sun-Thu: 10:00-00:00
Fri-Sat: 10:00-01:00
The private accommodation comprises 2 bedrooms, lounge, bathroom and toilet. The 3 bedroom cottage is in addition to the private accommodation.
Private Rooms
5
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
0
Offices
0
Bedsits
0
We are looking for an experienced owner operator to bring new life to this historic pub. There is a huge opportunity to create and deliver a sustainable food offer to enhance the business, and also the possibility to introduce team games and sports.
Wayne Farrell, Business Development Manager
Apply for this property
The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.