Woodman Inn
New Yatt Road, Witney, OX29 6TTAgreement Type: Foundation Tenancy
View details for Woodman Inn
Royal Sun
2, Woodstock Road West, Kidlington, OX5 1RZ
Pub Code: 2302068101
Key Features
- Affluent Village
- Destination Food Outlet
- Great Condition Throughout
- Established Trade
Est Min Ingoing Costs: £12,835
Annual Rent: £22,017
More Information
The Royal Sun is a destination pub, positioned on the main road through the wealthy village of Begbroke, Oxfordshire. This is a lucrative business that attracts families and professionals.
The pub offers a locally-sourced a la carte menu which operates Monday to Saturday. There is also a dedicated Roast menu on Sundays.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their 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 Sun enjoys an open plan trading area which flows easily from the bar area to the dining area. The decor is warm and stylish with comfortable cushioned seating, fireplaces and wooden flooring throughout. The pub can accommodate around 63 guests for dining.
There is a welcoming terraced area to the rear for use during the warmer summer months which can hold a further 38 covers. Guests can park in the secure, on-site car park and enjoy a bite to eat.
There is a welcoming terraced area to the rear for use during the warmer summer months which can hold a further 38 covers. Guests can park in the secure, on-site car park and enjoy a bite to eat.
Private Accommodation
The private accommodation at the Royal Sun consists of two-bedroom, lounge, kitchen 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.
| Annual Rent | £ 22,017 |
| Estimated Annual Turnover | £ 320,586 |
| Deposit | £ 5,504 |
| Estimated Fixtures & Fittings Value | £ 16,060 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 32,564 |
| Estimated Minimum Ingoing Costs | £ 12,835 |
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:
2, Woodstock Road West, Kidlington, OX5 1RZ
More properties in this region
Ampleforth
53 Collinwood Road, Oxford, OX3 8HHAgreement Type: Foundation Tenancy
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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
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