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RegisterRoyal Oak Aughton
Royal Oak Aughton
134, Liverpool Road, Ormskirk, L39 3LW Pub Code: 2302281101
Pub Code: 2302281101
Investment TenancyEst Min Ingoing Costs: £88,179
Annual Rent: £85,718
Major refurbishment to premium local pub
Bring your experience in managing a team and executing a plan to build a successful pub business. What would you do with this pub to execute our retail offer?
The area
The Royal Oak is located in the village of Aughton, West Lancashire, positioned at the end of a dual carriageway carrying traffic from north Liverpool into West Lancashire villages, Southport and Ormskirk along the A59 route. The pub is surrounded by affluent residential areas.
Aughton is close to Edge Hill University and within easy reach of Aintree Racecourse, Everton and Liverpool football clubs, and Liverpool city centre.
The offer
Available on our management agreement, Just Add Talent, the pub has a tried and tested food and drinks offer. Click here for more information on Just Add Talent.
We’re also really interested to hear your ideas on how to drive trade.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
- Hands-on experience with kitchen management and food in a retail environment.
- Understanding of the local community.
- You know what it takes to deliver a retail offer.
- You’re enthusiastic and retail focused.
- 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
The Royal Oak will be undergoing a refurbishment which will cover the internal areas of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- 98 internal covers
- 130 external covers
- Catering kitchen
- HEINEKEN SmartDispense®
- Beer garden
- Car park with 24 spaces
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen, and bathroom.
Estimated Total Ingoing Costs
£88,179
Estimated Minimum Ingoing Costs
£88,179
Annual Rent
£85,718
Estimated Annual Turnover
£1,043,358
Deposit
£21,429
Estimated Fixtures & Fittings Value
£53,250
Estimated Stock Valuation
£10,000
Estimated Working Capital
£3,500
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:
134, Liverpool Road, Ormskirk, L39 3LW
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To 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
