If you’re looking to lease a pub in Kings Bromley, The Royal Oak is available !
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Lease A Pub In Kings Bromley – The Royal Oak Is Available
The Royal Oak is situated in the village of King’s Bromley, which has a population of around 1,000 residents and is considered an affluent area. Being around 5 miles from Lichfield, 12 miles from Burton Upon Trent, and 15 miles from Uttoxeter, the pub has easy access to both the A38 and A50 roads.
As the only pub in the village, it presents great opportunity to be the centre of the community, as well as attracting people from further afield with a strong food offer.
Pub Layout
Entry to the pub is granted via the front door. Upon entry, you are greeted by an open plan bar area with various loose seating and high stools, with the bar servery straight ahead. This area has high ceilings with beams adding character and class to the dining experience. From the main bar area, you can enter a separate area of the pub, with a raised platform currently used for pool and darts, complete with an open fire for those cosy winter nights. The pub has a good sized and well equipped kitchen located on the ground floor of the pub. Externally, and to the rear, there is a patio area and large garden area with a newly erected stretch tent and purpose built external bar.
Private Accommodation
The private accommodation is of a good size and condition, consisting of three bedrooms, living room/lounge and domestic bathroom and kitchen.
Annual Rent: £32,000
Security Deposit: £8,000
Working Capital: £5,000
Stock: £6,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Admiral Taverns are looking for an experienced licensee who can maintain and develop the already excellent offer at The Royal Oak. The success of the pub will rely heavily on it’s reputation for good food. There is an opportunity to realise further potential from the pub, whilst building on the already solid foundations built by the current operator.
