4 Biggleswade Road, Potton, Sandy, Bedfordshire, SG19 2LU
This 17th century food led pub is a rare pub to be available! With an open fire, wood beams, garden and car park it is popular with the locals. Recently redecorated externally
The Royal Oak is a food led pub that features a good size kitchen, 50 internal food covers in the restaurant as well as a popular locals bar full of character. There is a good size car park, patio and garden area great for those warmer summer days. The interior is designed with traditional oak beamed bars with an open fire for those colder months making it a friendly and relaxing pub to be in.
We are looking for an experienced caterer to take on this site. It is a popular pub with the locals and want to make it a destination site. The exterior of the pub has recently been redecorated.
Public bar with open fire, real ales and a good local drinking trade. Dedicated restaurant with bar and good access from a large kitchen. The car park has 14 spaces and there is a large patio and garden offering 60+ extra covers in the summer months.
|Car park spaces||14|
The private accommodation is in a fair condition. This is comfortable for a small family or live in couple.
|Annual rent||£31,000 per annum|
|Weekly rent||£596.15 per week fixed|
£31,000.00 per annum, £596.15 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £35,300 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).
|Fixtures & fittings||£14,000||Working capital||£6,000|
|Other costs||£4,650||Total entry cost||£35,300|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
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.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
The Royal Oak is well located 5 minutes walk from the centre of Potton and on the main road into the town from Sandy and the A1. There is a lot of new housing planned to be built in Potton near to the Royal Oak over the next few years.