Available due to retirement

Waggon & Horses

Faringdon Road, Southmoor, Abingdon, Oxfordshire, OX13 5BG

Gallery

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Pub overview

A great opportunity to run a well-established community business, in the heart of Southmoor

The Waggon & Horses is a well-established business with year on year sales growth in the heart of the well served Village of Southmoor, Oxforshire. This pub has historically performed well and has recently come back to market due to retirement. This is an exciting opportunity for either a first-time operator or an established licensee to build upon these solid foundations and run a successful Pub business. The Pub currently engages well with its local community and is popular with local drinkers, diners and teams. The Waggon & Horses offers a great range of Cask beers, premium lagers and a large range of wines and spirits. The trade space is well presented and has approximately seventy food covers. Externally there is a large garden, which is ideal for the warmer weather and approximately twenty-five car parking spaces. The site is situated close to many residential homes, so there is plenty of potential trade, right on the door step

There is a large ground floor trade areas with two bars and large restaurant room to the rear of the property. To the rear is a large garden and carpark to the side. There is a well fitted catering kitchen and good domestic accommodation on the upper floor.

Trade space
Bars 2
Car park spaces 25
Child play areas 1
Dining rooms 2
Food covers70
Gardens 1
Trade kitchens 1
Patio areas 2

Good sized accommodation with 4 bedrooms, lounge, kitchen and bathroom.

Private space
Private Rooms7
Single Bedrooms1
Double bedrooms3
Private Kitchen1
Bathrooms1
Toilets1

Rent information

Annual rent£41,227 per annum
Weekly rent£792.83 per week fixed
Notes

£41,227 per annum, £792.83 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit..

Entry costs approx £35,382 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 representing 25% of head rent.

Brokers£750Legal£825
Deposit£10,307Stocktaking fees£150
Fixtures & fittings£13,000Working capital£10,000
Other costs£350Total entry cost£35,382

Agreement description

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.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/192334254,785
2017/182102064,007
2016/17198761,947
Volume notesVolume performance is good and has seen year on year growth from 16/17, 17/18 and 18/19

Location

Southmoor is a Village in central Oxfordshire, located just south of the A420. Southmoor is approximately six miles west of Abingdon. The Village is well served with various retailers, clubs and groups, active in the community

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Facilities

Trade bar
Car park
Play area
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday - Thursday 12:00pm - 11:30pm Friday to Saturday: 12:00pm - 12:30am

Contact Us

Wayne Farrell

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ Due to retirement, a fantastic opportunity has arisen to operate an excellent community business in the heart of Southmoor. The business currently hosts numerous sports teams and is very active within the local community. It also has a very good food offer and reputation and during warmer months as it has a very successful garden. This business would suit both a first-time operator with full support from Greene King or an established licensee. If you have the skills required to continue to build this great Pub, please contact the recruitment team ”