Fox & Hounds Walkeringham
Stockwith Road, Doncaster, DN10 4JDAgreement Type:
Investment Tenancy
View details for Fox & Hounds Walkeringham
Royal Oak Retford
Royal Oak Retford
Main Street, Retford, DN22 0AD Pub Code: 2302514101
Pub Code: 2302514101
Foundation TenancyEst Min Ingoing Costs: £9,894
Annual Rent: £16,738
The area
The Royal Oak Retford is located in the village of North Leverton, close to the towns of Retford and Gainsborough. The pub is surrounded by residential housing with a shop nearby and in close proximity to West Burton power station.
Demographics
The pub benefits from being one of 1 pubs found in an area of around 844 adults. The Royal Oak Retford customer base is made up of midlife and mature adults.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via selection of pub games, such as pool, and darts, and live sports. It offers a selection of cask ales, popular beers, ciders, wines and spirits, and a pub classic menu.
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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
Trading areas and facilities
- Main trading area with bar
- 50 internal covers
- 30 external covers
- Small Catering kitchen
- Beer garden to the side of the pub in a prominent position to attract other drinkers
- Car park with 20 spaces
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen, and bathroom.
Estimated Total Ingoing Costs
£22,684
Estimated Minimum Ingoing Costs
£9,894
Annual Rent
£16,738
Estimated Annual Turnover
£258,379
Deposit
£4,184
Estimated Fixtures & Fittings Value
£10,000
Estimated Stock Valuation
£5,000
Estimated Working Capital
£3,500
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:
Main Street, Retford, DN22 0AD
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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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