British Oak Inn

Calder Grove, Wakefield WF4 3DL

Under Offer
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield
  • British Oak Inn, Wakefield

British Oak Inn

Gorgeous Country Pub

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.

The British Oak would suit a strong food offer that prides itself in being freshly cooked and locally sourced. With ample space for both drinking and dining, there is also space to dedicate to private events such as birthday parties or work functions.

Creative Food Operator Wanted

For The British Oak, we are keen to partner with a passionate and skilled publican who has the ability to create and market an appealing food offer. You will know the local area and have the ability to market your business on social media. Apply now to hear how Star Pubs and Bars, a 2018 Publican Awards winner, can support you to grow this promising business.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Childrens Play Area
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally, the pub is large and spacious. The main bar is serviced by a central, square bar with ample customer seating surrounding it. There is a second, smaller bar area which includes its own small bar. Having been recently refurbished, the interior design is modern yet relaxing - red bricked feature walls and checkerboard tiles add to this feel.

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

Private accommodation consists of three bedrooms, living room, kitchen and bathroom. In line with our 'Ready To Trade Promise', should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting the business right.

Premises Licence Details

Please see Premises Licence for further 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 £
32,250
Estimated Annual FMOP (Licensee Profit) £
31,373
Representative HEINEKEN UK Brand Discount Per Barrel £
120
Estimated Annual Turnover £
469,609
Estimated Annual Barrelage
193

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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
7,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
8,063
Rent In Advance £
620
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
55
Premises Licence Fee £
180
Rates Assessment Fee £
50
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
29,868
Estimated Minimum Ingoing Costs £
11,873

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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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