Are you looking to lease a pub in the Caterham area? You could run ‘The Royal Oak ‘
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Lease A Pub In Caterham – Run The Royal Oak
The Royal Oak is located on a corner plot at the end of the High Street, it’s a five-minute walk from Caterham Town Centre and train station. This property is a very local business in the heart of the community which benefits from darts, TV sports and local clubs which meet regularly at the pub for a drink.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Royal Oak – Caterham
About the Pub
The Royal Oak is located on a corner plot at the end of the High Street, it’s a five-minute walk from Caterham Town Centre and train station. This property is a very local business in the heart of the community which benefits from darts, TV sports and local clubs which meet regularly at the pub for a drink. The property is traditional in style and comprises of two rooms, one main bar at the front or the pub and a rear bar, both of which have their own serveries and have a comfortable, cosy feel with up to 30 covers. The second bar has darts facilities and television screens and is well used by local darts teams. This space could also be versatile as a small function room, used for private hire with potential to develop this further. The Royal Oak also boasts a fully equipped trade kitchen, presenting an opportunity for the new publican to develop a food offering and bring in extra revenue. To the rear of the building is a patio garden with benches, ideal for extra trade during the warmer months. The private accommodation consists of three-bedrooms and a lounge, ideal for a family and in good decorative order. Stonegate Pub Partners are seeking a new starter or experience publican to take on this community pub and develop the existing trade.
Key Features
Ideally positioned community pub
Trade kitchen perfect for developing a food offer
Sports and games, popular with the local community
Three-bedroom private accommodation ideal for a family
Discounts of up £140 per barrel with an average of £120 per barrel
Surrounding Area
Caterham is a reasonably affluent area, located on the edge of the Green Belt close to the A22, 21 miles from Guildford and 15 miles south of London. Due to its close proximity to London, it is predominantly a commuter town and has plenty of housing of all types.
Business Information
Agreement:
Retail Partnership Tenancy
Guide Rent:
£30,000 pa
Potential Turnover:
£316,000 pa
Fixtures / Fittings:
Est. £8,000
Capital Startup:
Est. £9,800
Regional Manager’s Thoughts
This is the perfect first-time pub for a new starter or experienced publican seeking a comfortable community house. There are plenty of opportunities to develop the existing custom through increased use of the rear bar and function room or by reintroducing a food offering to complement the wet trade.
