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Fox Steventon

29, High Street, Steventon, Abingdon, OX13 6RZ

Pub Code: 2000008101

Key Features

  • 6 En-suite Letting Rooms
  • Recently Refurbished
  • Large Car Park
  • Full Catering Kitchen
  • Private Accommodation

Est Min Ingoing Costs: £53,672

Annual Rent: £52,192

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More Information

Gorgeous Premium Local

Recently refurbished, the Fox Inn stands prominently on a lovely residential road, accompanied by a large car park and with more than 31,000 adults living within a 10-minute drive. The affluent demographic profile makes for an excellent target market looking for charismatic local pub like the Fox Inn.

The Fox is well known for being a good quality, food-led destination site. Breakfast is currently available for residents only, however this is an area that can be capitalised by introducing a multi-purpose offering that changes throughout the day. With breakfast and coffee served with newspapers in the morning, a varied lunch menu that caters for those looking for a quick bite, as well as customers that want to enjoy an afternoon or evening in front of the fire, and a full dinner menu including sharing platters.

The Fox Inn has 6 stylish rooms, recently refurbished to a beautiful standard, adding an additional income stream to this lovely gastro pub.

Experienced Operator Wanted

Star Pubs & Bars are looking to work with an experienced operator, ready to hit the ground running. Are you a multiple operator looking to add to your portfolio? Do you have experience working with multiple income streams? Are you a marketing mastermind? Then we want to hear from you!

  • Catering Kitchen

  • Foundation Tenancy

  • Letting Rooms

  • Car Park

  • Outdoor Trade

  • Private Accommodation

  • Monthly Billing

  • Weekly Billing

Trading Area & Facilities

This large pub is served by an open plan bar, prominent when walking in through the front door. The Fox has a wonderful flowing floor plan with a light and bright décor in the designated dining areas, making it seems wonderfully spacious even when completely booked out. There is also a wonderful little snug area, more suited to those wanting a quiet drink next to the real log fire.

The 6 letting rooms all benefit from an en-suite bathroom, recently re-decorated to match the pub’s premium look.

Externally, the pub benefits from a stand out signage scheme and dominating curb appeal and ample parking spaces for 25 cars. To the building also boasts a large beer garden to the rear of the building, ideal for summer months.

Private Accommodation

The private accommodation at the Fox Inn Steventon consists of one bedroom, lounge, 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 business right.

Premises Licence Details

See licence for full details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
07:00 -
00:30
07:00 -
00:30
07:00 -
00:30
07:00 -
00:30
07:00 -
01:30
07:00 -
01:30
07:00 -
00:30

Annual Rent £
52,192
Estimated Tenants Annual Operating Profit £
54,190
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
473,145
Estimated Annual Barrelage
138
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
30,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
13,048
Rent in Advance £
1,004
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
53,672
Estimated Minimum Ingoing Costs £
53,672
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
1,120
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
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
** 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

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