If you are looking to lease a pub in Sutton Coldfield, The Oak is available !
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The Oak is a large and traditional local pub situated on a delightful housing estate on the outskirts of Sutton Coldfield town centre. Internally the pub comprises of a two-bar operation; the first bar is dedicated to sports with a pool table, darts area and a large screen for sports viewing. There is a mixture of comfortable seating throughout including booth and fixed style seating for up to 60 guests. The second area is the lounge bar which is the dedicated dining which offers 70 covers and two raised areas which could be used as a private dining area. The private accommodation is in very good condition and comprises of three bedrooms, a lounge, kitchen and bathroom. The site also benefits from a separate flat that offers a large room and shower room. Externally, there is a large, raised patio area which can seat 48 customers and a large, covered area which is predominately used as the smoking area. Additionally, there is a large car park located to the front of the pub which offers spaces for up to 40 cars.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
About the Pub
The Oak is a large and traditional local pub situated on a delightful housing estate on the outskirts of Sutton Coldfield town centre. Internally the pub comprises of a two-bar operation; the first bar is dedicated to sports with a pool table, darts area and a large screen for sports viewing. There is a mixture of comfortable seating throughout including booth and fixed style seating for up to 60 guests. The second area is the lounge bar which is the dedicated dining which offers 70 covers and two raised areas which could be used as a private dining area. The private accommodation is in very good condition and comprises of three bedrooms, a lounge, kitchen and bathroom. The site also benefits from a separate flat that offers a large room and shower room. Externally, there is a large, raised patio area which can seat 48 customers and a large, covered area which is predominately used as the smoking area. Additionally, there is a large car park located to the front of the pub which offers spaces for up to 40 cars.
Key Features
- Traditional community pub with an strong local trade
- Live Sport and pub games
- Separate flat in additional to the private accommodation
- Three bedroom private accommodation ideal for a family
- Discounts of up to £130 per barrel but has an average of £110 per barrel
Surrounding Area
The Oak is situated on a very affluent and large housing estate just two miles from the centre of Sutton Coldfield. Immediately surrounding the pub is a large park with a children’s play area, a local store and nearby is a large housing development project with the potential to build an additional 1,500 houses.
Business Information
Agreement:
Fixed Term Tenancy
Guide Rent:
£49,000 pa
Potential Turnover:
£625,000 pa
Fixtures / Fittings:
Est. £31,900
Capital Startup:
Est. £18,000
Agreement Fee:
£750
Potential Full Tie Release Fee:
£60,500
Regional Manager’s Thoughts
The Oak is a brilliant community pub with a strong local following from those who live in the surrounding area. The pub is particularly well known for its value for money wet-led offer as well as its traditional pub food and games. The pub provides an excellent opportunity for an experienced publican to take on a well-established business.
