If you are looking for managed partnership pubs in Oxford, The Wolvercote is available !
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Managed Partnership Pubs In Oxford – The Wolvercote Is Available !
We’re on the hunt for tenants for the Wolvercote in Oxford. This is a wonderful prospect to build on what is already a well-established business with a fantastic reputation.
This popular family pub is now available, offering the opportunity to run your own food offer alongside an established strong drinks trade.
The Wolvercote is perfectly situated on the outskirts of town close to a popular hotel and golf course and is popular with tourists and locals alike. This is a great prospect for a licensee who is passionate about their local community
The Wolvercote Oxford
Overview
We’re on the hunt for tenants for the Wolvercote in Oxford. This is a wonderful prospect to build on what is already a well-established business with a fantastic reputation.
This popular family pub is now available, offering the opportunity to run your own food offer alongside an established strong drinks trade.
The Wolvercote is perfectly situated on the outskirts of town close to a popular hotel and golf course and is popular with tourists and locals alike. This is a great prospect for a licensee who is passionate about their local community. The site currently takes on average £10,000 – £15,000 per week with 60/40 wet led split, but has the potential to achieve higher per week by targeting extra food and drinks sales.
We are looking for a licensee/s who can build strong links within the local community and has the drive to boost sales and drive the Wolvercote to reach its’ full potential.
The Opportunity
If you’re looking for maximum freedom and the chance to run a business in your own way, a Marston’s tenancy will allow you to really flex your creative muscles. This agreement is for the real entrepreneurial types, who have a bit of money to invest, some solid business skills and the vision to bring their dream to life.
You can implement your own ideas and develop your own food offering. And, whilst you’ll be running your own business your way, you can still lean on the Marston’s team for all the support you need.
What’s in it for you?
Keep 100% of the business’ profits.
Put together your own menus and choose your own food.
Keep 50% of profits from any gaming machines.
Free membership to the BII for the duration of your agreement.
Support obtaining your personal licence.
BII accredited induction and ongoing support and training from our Pub Support teams.
A dedicated business development manager, working with you to help you grow the business.
Access to our 450 strong-support teams whenever you need them – including Marketing, Recruitment and Food and Drink specialists.
All our Pub Partners get access to our FREE Learning, Development and Training platform Campus (a package worth over £300!).
Things to consider
This agreement offers the most independence, but also needs a bigger commitment from you. You’ll need to put in a £5k security deposit or 25% of the annual rent, whichever is higher, plus pay your own rent (the yearly increase will be capped to the Retail Price Index) and cover your own legal fees. You will need to cover your own business insurance and start thinking about your team; taking care of paying them and all other employment matters.
We’re on-hand to offer guidance as you plan your business overheads, like business rates, annual service charge, Council Tax, and utility bills. Also, start thinking about any internal repairs and decoration you’d like to do to bring the place up to standard and consigning to an annual decorating fund. Not to mention what fixtures, fittings, and glassware you’ll get for your pub.
Before we all sign the agreement and see you heading into a whole new life, you’ll need to show us proof that you’ve had independent financial and legal advice and have completed a sustainable business plan, in accordance with the Pubs Code. If needed, we can assist you in obtaining your personal licence and will enrol you onto our BII accredited induction training. In addition, we will provide you with free membership to the BII who can provide the impartial, professional advice you need when entering into, and for the lifetime of your agreement.
It’s a three or five-year commitment, so you have loads of time to build the business and get it performing brilliantly.
Private Accommodation
Private KitchenYes
No of Double bedrooms:2
No of Single bedrooms:0
No of Reception rooms:1
No of Private bathrooms:1
OfficeYes
Financial Info
Fair Maintainable Turnover:£643000
Barrelage Discount:100
Training fee:0
Legal fees:£360
Working Capital:£10000
Security Deposit:£10250
Stock & glassware:£5000
Total ingoing costs:£25610
Rent:41000
Service Charge:1350
Decorating fund:2000
Insurance:3600
Total ongoing costs:£47950
We are looking for a licensee/s who can build strong links within the local community and has the drive to boost sales and drive the Wolvercote to reach its’ full potential.
