British Oak Inn Wakefield
Calder Grove, Wakefield WF4 3DL
British Oak Inn Wakefield
Situated at a cross roads on the A636, The British Oak Inn is only a 15 minute drive from Wakefield city centre and a five minute drive from the community of Crigglestone. Having been refurbished within the last year, the interior is stunning and in great condition. There is a large car park situated on site, along with a large beer garden complete with child's play area.
There is ample opportunity at The British Oak Inn for a talented publican to develop a praised food menu which focuses on quality produce. The catering kitchen and dining space at the pub are both large and due to the location, there is also opportunity to cater to private functions.
Passionate, Experienced Publican Wanted
We are very excited about The British Oak Inn and are keen to partner with an operator who is equally as passionate and ambitious. Using your high standards and ability to lead a customer focused team, you will grow the pub into a celebrated destination pub within the local area and beyond. Prior experience running a food led site will be essential, as will be the ability to market the pub on social media.
Pub Features
Trading Area & Facilities
Externally, the pub stands out from the road due to its size and beer garden. The addition of floral hanging baskets would add to the kerbside appeal. The garden is large and includes a section dedicated to children's activities. There is the added bonus of ample private car parking also.
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 10:00 - 00:00 | 10:00 - 00:00 | 10:00 - 00:00 | 10:00 - 01:00 | 10:00 - 01:00 | 10:00 - 01:00 | 10:00 - 00:00 |
Financials
| Annual Rent | £ 46,000 |
| Estimated Annual FMOP (Licensee Profit) | £ 45,962 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 112 |
| Estimated Annual Turnover | £ 591,409 |
| Estimated Annual Barrelage | 276 |
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The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details). Historical volume figures may not include purchases made through 3rd Parties. ** All figures quoted are exclusive of VAT *** FMOP = Fair Maintainable Operating Profit |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 7,440 |
| Estimated Fixtures & Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 4,000 |
| Deposit Amount | £ 11,500 |
| Rent In Advance | £ 885 |
| Training Fee | £ 1,000 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 295 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 26,000 |
| Estimated Minimum Ingoing Costs | £ 13,835 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ TBC |
| Estimated Annual Maintenance Compliance Charge | £ TBC |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ 5,950 |
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The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details) * All figures quoted are exclusive of VAT ** Deposit build up will be payable over a maximum of 24 months *** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry **** Maintenance Compliance Charge relates to the fees for various statutory inspections ***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate ****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased |
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