Old Royal Oak Burton On Trent

11 Market Place, Burton On Trent, Burton On Trent DE14 1HA

  • Old Royal Oak Burton On Trent
  • Old Royal Oak Burton On Trent
  • Old Royal Oak Burton On Trent
  • Old Royal Oak Burton On Trent
  • Old Royal Oak Burton On Trent
  • Old Royal Oak Burton On Trent

Old Royal Oak Burton On Trent

Town Centre Lease Available

With its prime location in the busy town centre this is the ideal site to capture passing trade from the local market and the evening revellers.

Multiple income streams to be gained by offering traditional lunch time pub food and a good value menu whilst flexing their offer in the evening to capture the more spirited clientele with live music, entertainment and pub games.

We also have a very attractive discount rate for this site.

Multi Skilled Operator Required

A great opportunity for the right operator, with experience of running a busy town centre bar and the ability to cater for the array of different customer types, to truly uncap this pubs full potential.

Pub Features

  • Business Start-Up Agreement
  • Catering Kitchen
  • Private Accommodation
  • Pub Games

Trading Area & Facilities

The interior is an open plan single room with some old oak beams towards the rear. It is serviced by a long traditional wooden bar. The segregated seating areas, with classic open fireplaces creates welcoming atmosphere. A separate area is set aside with a pool table and dart board for the enjoyment of traditional pub games.

Externally at the front of the building there is small outdoor area with space for a few tables and chairs.

Private Accommodation

The private accommodation at the pub consists of bedrooms, kitchen, lounge 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

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 01:30 10:00 - 01:30 10:00 - 01:30 10:00 - 02:30 10:00 - 02:30 10:00 - 02:30 12:00 - 01:30

Financials

Annual Rent £
10,250
Estimated Annual FMOP (Licensee Profit) £
18,526
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
185,876
Estimated Annual Barrelage
169

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 £
8,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
2,000
Deposit Amount £
3,000
Rent In Advance £
197
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
15,382
Estimated Minimum Ingoing Costs £
8,039

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 £
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

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