Royal Oak

Important Information

• Business information

  Annual rent£73,000

  Additional informationThe annual rent shown (£73,000) takes into consideration a machines supply concession. The annual rent will be £75,000 if you prefer not to have Greene King supply machines to you.

  Weekly rent£1,404

  Entry costs£45,000

  Turnover royaltyN/A

  Forecasted operator turnover£808,242

  Forecasted Operator Profit (inc machine profit)£74,541

  Forecasted operator machine profit£2,000

  Average Beer & Cider Discount*£72

  Type of TieFull tie: Access to Discounted Wines, Spirits & Minerals Price List

  AgreementStandard Tenancy Agreement. A fixed 5 year term.

  Machine Product AgreementRestricted (50/50 share)

• Entry costs

  Entry cost is approximately £45000 which includes 25% of the fixtures & fittings value, deposit, stock and working capital. Any additional costs will be confirmed in your schedule 1 information. You will also need to obtain independent professional legal and financial advice. Please note, the fixtures and fittings value is estimated and will be confirmed on change day and an assisted purchase plan is available to purchase the remaining 75% of fixtures and fittings.

  Deposit£18,750

  Additional InformationN/A

  Estimated Fixtures & Fittings Value£6,250

  Estimated Stock Value£10,000

  Estimated Working Capital£10,000

  Estimated Entry Cost£45,000

• Turnover

  You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only.

  Year	Beer (Brls)	Wine & Spirit (Ltrs)	Minerals (Ltrs)
  2025	178	3,595	8,165
  2024	176	4,201	10,070
  2023	205	4,187	9,956

• Trading space

  As you enter the premises, you are greeted by a main bar that serves the entire site, with the kitchen conveniently located to the rear. The venue offers a variety of comfortable eating and drinking areas, along with access to attractive external garden spaces. There is excellent access for deliveries, making operations straightforward. While the property does not have its own car park, ample on-street parking is available nearby.

• Private accommodation

  The accommodation comprises of 3 Bedrooms, Lounge, Kitchen, Bathroom, Toilet & Office