Fox Steventon

29 High Street, Steventon, Abingdon, OX13 6RZ

  • Fox Steventon
  • Fox Steventon
  • Fox Steventon
  • Fox Steventon
  • Fox Steventon
  • Fox Steventon
  • Fox Steventon
  • Fox Steventon
  • Fox Steventon
  • Fox Steventon

Fox Steventon

Gorgeous Gastro Pub

Recently refurbished, the Fox Inn stands prominently on a lovely residential road, accompanied by a large car park and with more than 31,000 adults living within a 10 minute drive, this will definitely come in handy. The good demographic profile makes for an excellent target market looking for charismatic local pub like the Fox Inn.
The Fox is well known for being a good quality, food-led destination site, securing it the Oxfordshire Gastro Pub of the Year award. Breakfast is currently available for residents only, however this is an area that can be capitalised by introducing a multi-purpose offering that changes throughout the day. With breakfast and coffee served with newspapers in the morning, a varied lunch menu that caters for those looking for a quick bite, as well as customers that want to enjoy an afternoon or evening in front of the fire, and a full dinner menu including sharing platters.

The Fox Inn has 6 stylish rooms, recently refurbished to a beautiful standard, adding an additional income stream to this lovely gastro pub.


BDM Vision
"With accommodation, food, bar and a beautiful garden, this multi-income stream site is not just a pub, it's an opportunity to be the best hub in the community"


Experienced Operator Wanted
Star Pubs & Bars are looking to work with an experienced operator, ready to hit the ground running. Are you a multiple operator looking to add to your portfolio? Do you have experience working with multiple income streams? Are you a marketing mastermind? Then we want to hear from you!

Pub Features

  • Rolling Tenancy
  • Letting Rooms
  • Car Parking
  • Catering Kitchen
  • Long-Term FRI Lease
  • Outdoor Trade
  • Private Accommodation
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

This large pub is served by an open plan bar, prominent when walking in through the front door. The Fox has a wonderful flowing floor plan with a light and bright décor in the designated dining areas, making it seems wonderfully spacious even when completely booked out. There is also a wonderful little snug area, more suited to those wanting a quiet drink next to the real log fire.

The 6 letting rooms all benefit from an en-suite bathroom, recently re-decorated to match the pub's premium look.

Externally, the pub benefits from a stand out signage scheme and dominating curb appeal and ample parking spaces for 25 cars. To the building also boasts a large beer garden to the rear of the building, ideal for summer months.

Private Accommodation

The private accommodation at the Fox Inn Steventon consists of 1 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.

Premises Licence Details

See licence for full details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
07:00 - 00:30 07:00 - 00:30 07:00 - 00:30 07:00 - 00:30 07:00 - 01:30 07:00 - 01:30 07:00 - 00:30

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

“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

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
24,808
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

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 £
974
Estimated Annual Maintenance Compliance Charge £
625
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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