Royal Sun
2 Woodstock Road West, Kidlington, OX5 1RZAgreement Type: Foundation Tenancy
View details for Royal Sun
Ampleforth
53, Collinwood Road, Oxford, OX3 8HH
Pub Code: 2303455102
Key Features
- Perfect Location
- Significant Footprint
- Limited Competition
- Affluent Demographic
Est Min Ingoing Costs: £9,734
Annual Rent: £14,810
More Information
Rare Opportunity in Residential Oxford
The Ampleforth Arms is ideally positioned at the very heart of Risinghurst, Oxford. Surrounding the pub, the different groups of residents are made up of affluent families and young professionals, which provides an excellent opportunity for an experienced publican or entrepreneur to create a lucrative business.
This pub is currently a drinks led site with no food on offer and so would benefit from a tasty, classic food menu, whilst still attracting locals with great drinks and an even better atmosphere.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
Internally, the Ampleforth Arms has a friendly and welcoming atmosphere with large, open trading areas and a log burner to warm locals on cold, winter nights. This open plan area could be easily divided to allow some guests to enjoy a delicious meal while others stay for a drink in the bar.
Externally, the pub has an attractive red-brick appearance which is complemented by a modern, fresh, white entrance. The pub is well lit with clear contemporary signage, making it easily visible from the road. An enviable courtyard can be found to the rear for sunny, summer day refreshments. There is parking to the front and on-street parking also.
Private Accommodation
Private accommodation consists of three bedrooms, a lounge and kitchen. In line with our Ready To Trade promise, we will ensure your property is in good repair so you can focus your energy on your new business.
| Annual Rent | £ 14,810 |
| Estimated Annual Turnover | £ 246,271 |
| Deposit | £ 3,703 |
| Estimated Fixtures & Fittings Value | £ 8,500 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 20,703 |
| Estimated Minimum Ingoing Costs | £ 9,734 |
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
53, Collinwood Road, Oxford, OX3 8HH
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View details for Extraordinary Hare West HendredTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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