White Horse

2 The Square, Kings Sutton, Oxfordshire, OX17 3RF
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Letting Details

Description and Trading Style

The White Horse is a 17th century tavern style traditional food offer in an informal dining setting. The White Horse is first and foremost a pub and the food is of a good quality at reasonable prices with a good selection available lunchtimes and evenings. There is also an Aunt Sally team.

Location and Local Amenities

The village of Kings Sutton is an active place with a lively local network (see www.kingssutton.net). There are good road links via the nearby M40, and there is a pre school and primary school in the village. Further schools and amenities are available in nearby Banbury.

Accommodation

Trade: Main bar with large servery and lounge bar. Dining areas (approx 60 covers), kitchen, WC’s, car park (approx 15 cars) & terrace. Private: 2 double rooms, lounge, kitchen, shower room, bathroom & office.

Current and Future Markets

The pub currently trades to the village and wider areas, as well as to visitors and passers by. New tenants would wish to widen the existing customer base through promoting the food in and around the local area.

Requirements

We seek mature minded and experienced operators who would mix well in a village environment. As a mine host character, you would need to offer quality pub food at sensible prices to attract the locals.

Estimated Ingoings

Circa £22,000 to include a security deposit (3 months of base rent), rent , service charge and insurance advance, stock, glassware, loose goods and training contribution. Fixtures & fittings are circa £23,000 (EXCL Vat) and working capital is circa £7,000.

Trade Volumes 2018 2019 2020 Covid To 13.10.21 Covid
Draught Beer and Cider (36 gallon units) 156.00 118.47 37.66 29.14
Packaged (litres) 645.00 538.64 218.40 173.04
Minerals (10 litres) 388.00 316.18 102.20 78.95
Spirits (litres) 184.00 120.40 46.25 49.20
Wines (litres) 4,770.00 5,089.58 1,588.13 1,366.50

Estimated Turnover

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.

Guide Rent

£56,000 per annum payable weekly in advance by direct debit. Retail Price Indexation applies to rents.

Terms

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 value

Draft 2010 figure £27,000. Please contact the local authority to find out actual rates payable.

Licenses & Permits

Sale of alcohol by retail for consumption on and off the premises, films, live and recorded music, indoor sports events.

Permitted hours

Mon – Weds & Sun: 11.00am - Midnight Thurs & Fri: 11.00am – 01.00am Sat: 10.30am – 01.00am

Current Offerings

Serves Food
Average price of main course above £18
Places to Walk
Garden / Patio
Family friendly
Disabled access 
Dog friendly 
Park the car
Wifi access 

Current Opening Times

Tue – Sun – 10.30 am – 11.00 pm,
Food times: Tues – Fri – 12 pm – 3.00 pm, 6.00 pm 9.30 pm Sat – 12 pm – 9.30 pm, Sun – 12 pm – 7.00 pm