Description and Trading Style
This is a traditional Oxfordshire country village inn, built in the local Cotswold stone in the 18th Century. The pub is destination food led and trades to a wide catchment area of locals, walkers and visitors to the area.
Location and Local Amenities
The pub is ideally situated for visitors to the area as both the market towns of Burford and Witney are only a few minutes drive away. The pub is also the nearest Brakspear pub to the brewery where the Brakspear beers are brewed, approx. 3 miles.
Trade: 3 trading areas, approx. 50 covers plus outside patio, in built BBQ and wood burning pizza oven, garden area, adding 30 covers. Kitchen (incl walk in fridge/freezer), WC's, cellar, wine store. Large car park.
Private: 3 bedroom accommodation, domestic kitchen area, sitting room, family bathroom. Additional 2 bedroom flat and shower room. There are plans for a redevelopment to possibly include letting rooms.
Current and Future Markets
There is a great opportunity to continue to maximise the potential of this traditional country inn. There is a thriving local community who strongly support this village focal point.
The successful applicant must have a strong chef background and a warm, jovial and strong personality. Applicants must have a personal licence
Circa £10,000 to include a security deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware and loose goods, training deposit. Fixtures & fittings are circa £14,784 plus VAT and working capital of circa £3,000.
|Trade Volumes||2015||2016||2017 (pub closed 6 months)||To 28.6.18|
|Draught Beer and Cider (36 gallon units)||39.38||32.32||10.86||11.16|
|Minerals (10 litres)||247.70||212.79||49.22||32.63|
You will need to estimate the turnover you expect from the pub. The current barrelage is given to assist you with calculations, but you need to estimate the food sales.
Headline rent £17,500 per annum payable fortnightly in advance by direct debit. Retail Price Indexation applies to rents.
Five year renewable tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar cooling equipment etc. There is a full wet tie unless agreed otherwise.
Rateable valueDraft 2017 figure £32,000. Please contact the local authority to find out actual rates payable. An appeal has been lodged with the council.
Licenses & PermitsSale of alcohol by retail for consumption on and off the premises, recorded music, live music and late night refreshment.
Permitted hoursMon - Sun: 11am - Midnight.
Current Opening Times
Opening times: Tuesday – Friday 12 – 10 pm, Saturday 12 – 10 pm, Sunday 12 – 6 pm
Lunch opening times: Tuesday – Friday 12 – 2.30, Saturday 12 – 3 pm, Sunday 12 – 4 pm