Royal Oak Stoke On Trent

41 Sandbach Road, Stoke On Trent, Stoke On Trent ST7 3RW

  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent
  • Royal Oak Stoke-On-Trent

Royal Oak Stoke On Trent

Sensational refurbishment planned!

The Royal Oak is a village pub adored by locals which will undergo a complete revamp, transforming the site into a desirable community destination. The site occupies a fantastic prominent position in the lovely canalside village of Rode Heath, halfway between Stoke-on-Trent and Sandbach.

With a great homemade food menu, separate dining space, fantastic beer garden and a play area, this pub pulls in plenty of locals and families as well as passing trade. We are looking to create a quality pub with food, falling into the category of 'great pub, great food' but also retain the current games/sports offer.

Friendly, Food Operator Wanted!

The ideal operator will have some experience running a similar community venue. You will need to be personable and outgoing, offering a warm welcome to customers of all ages.

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Catering Kitchen
  • Outdoor Trade

Trading Area & Facilities

The Royal Oak will undergo a major revamp across the whole pub. The idea is to re-clad the front bar and introduce a new bar top. The lounge are will have larger softer seating as well as new window treatment, warm lighting and hard floor finishes. The dining area will be a massive focus in this refurbishment, with the addition of a new log burner, new furniture, decorative wallpaper and new paneling. We will also introduce a coffee station.

Externally there will be a full re-decoration of to existing painted surfaces. We will also introduce new loose furniture to the seating and grass areas.

Details of the full refurbishment will be released in due course.

Private Accommodation

This site includes private accommodation which consists of three bedrooms, a kitchen and lounge.

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 - 23:00 10:00 - 23:00 10:00 - 23:00 10:00 - 00:00 10:00 - 00:00 10:00 - 00:00 12:00 - 23:30

Financials

Annual Rent £
35,000
Estimated Annual FMOP (Licensee Profit) £
35,866
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
451,435
Estimated Annual Barrelage
230

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 £
35,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
10,000
Deposit Amount £
8,750
Rent In Advance £
673
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
56,608
Estimated Minimum Ingoing Costs £
18,102

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