Royal Oak Studley

144 Alcester Road, Studley B80 7NT

  • Royal Oak Studley
  • Royal Oak Studley
  • Royal Oak Studley
  • Royal Oak Studley
  • Royal Oak Studley
  • Royal Oak Studley
  • Royal Oak Studley
  • Royal Oak Studley
  • Royal Oak Studley

Royal Oak Studley

Vibrant Community Local

Positioned on a busy road, on the outskirts of Studley Village, on the way to Alcester, the Royal Oak is a popular community local. Located on this main road, the pub benefits from passing trade, but is set back enough that it feels away from the hustle and bustle. Situated in the heart of a densely populated community of locals, customers enjoy a comfortable, familiar pub.

The Royal Oak has a steady established drinks trade, with the opportunity to grow this further through expanding the ale portfolio. Gaming machines provide a generous revenue for the pub and there is a pool table in place for the pub teams. There is a catering kitchen on site, so an opportunity exists to deliver simple home cooked food to drive the business forward.

Passionate Pub Operator Wanted

We are seeking a community operator who can become the heart of community, demonstrate great business acumen and has a passion for pubs. The ability to create a hospitable family friendly environment is key and food experience would be beneficial.

Pub Features

  • Rolling Tenancy
  • Business Start-Up Agreement
  • Music Venue
  • Car Parking
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally, the pub is a two bar operation with a main lounge to the front that can be used as the restaurant area and a bar area with a stage space to host those live entertainment events. To ensure the best experience for your guests, the pub will undergo minor repairs, completed by Star Pubs and Bars.

Externally, the pub has good kerb appeal with great signage and lighting. There are flower boxes in place making the pub more attractive to passers by, drawing in extra footfall . There is a seating area that captures the sun, perfect for outdoor trading. A large car park can also be found to the rear.

Private Accommodation

Private accommodation consists of 3 bedrooms, lounge, kitchen and bathroom. There is a small office space located downstairs. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Please refer to the Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:00 11:00 - 00:30 11:00 - 00:30 12:00 - 23:30

Financials

Annual Rent £
15,000
Estimated Annual FMOP (Licensee Profit) £
15,769
Representative HEINEKEN UK Brand Discount Per Barrel £
165
Estimated Annual Turnover £
172,875
Estimated Annual Barrelage
126

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 £
6,370
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
3,000
Rent In Advance £
288
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
70
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
14,853
Estimated Minimum Ingoing Costs £
9,445

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) £
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