Royal Oak Eccleshill

39-41 Stony Lane, Bradford BD2 2HN

  • Royal Oak Eccleshill
  • Royal Oak Eccleshill
  • Royal Oak Eccleshill
  • Royal Oak Eccleshill
  • Royal Oak Eccleshill
  • Royal Oak Eccleshill
  • Royal Oak Eccleshill
  • Royal Oak Eccleshill
  • Royal Oak Eccleshill
  • Royal Oak Eccleshill

Royal Oak Eccleshill

Cosy Cask Ale Pub

The Royal Oak is a charmingly traditional little pub located within Eccleshill. The pub caters to mature sociable drinkers who enjoy good company and cask ale in a friendly, welcoming environment. Quality is key at the pub - both the drinks and the service are well received and the pub has an already established trade.

Live sports are popular, along with activities such as dominoes and darts - the introduction of pool would go down well with regulars. Although there is little opportunity to introduce food to the pub, an ambitious operator will have the ability to host private functions. There is an attractive beer garden at the pub, which boasts a real wood burning fire.

Welcoming Publican with High Standards Wanted

For The Royal Oak, we are keen to collaborate with a quality-focused publican who takes pride in what they do. You will have the ability to create a warm, welcoming atmosphere for your regulars and have a love of cask ales.

Pub Features

  • Rolling Tenancy
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Inside, the pub has a warm cosy feel to it due to its low ceilings, fireplaces and wood panelled bar. It is a two bar operation, with your classic taproom and lounge set up.

There is an attractive beer garden onsite, which has both a decked area and a covered area, which boasts a real wood burning fire.

Private Accommodation

More details to follow.

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 - 00:00 10:00 - 00:00 10:00 - 00:00 11:00 - 23:30

Financials

Annual Rent £
22,750
Estimated Annual FMOP (Licensee Profit) £
25,159
Representative HEINEKEN UK Brand Discount Per Barrel £
109
Estimated Annual Turnover £
379,184
Estimated Annual Barrelage
360

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 £
6,340
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
2,500
Deposit Amount £
5,688
Rent In Advance £
438
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
TBC
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
17,151
Estimated Minimum Ingoing Costs £
9,581

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 £
0
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,920

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