Oxclose Village Centre,
The Ox & Plough is a recently refurbished community outlet in the Oxclose village districts of Washington, Tyne & Wear. The pub is located amongst good quality private housing and is well serviced by excellent road links from Washington, Sunderland and the nearby A1.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
About the Pub – Ox & Plough Tyne and Wear
The Ox & Plough Tyne and Wear currently operates two trading rooms. To the right, when entering, is the main bar, which houses the pool table and dart board, and welcomes the core day-to-day drinkers who enjoy a great range of lagers and cask ales that the pub has to offer. To the left-hand side of the entrance is an engaging and well-appointed function room that serves as a dining area, function/live music venue or simply a more chilled trade area for couples, families and groups who don’t want to be in the busy bar area. This space opens out onto the terrace which can be used for al fresco dining during the warmer months
Private Accommodation – The private accommodation is decorated to a very high standard and comprises; 3 bedrooms, bathroom, lounge and kitchen.
Trading Style – First and foremost, the Ox & Plough Tyne and Wear is a very popular community local for Oxclose village and nearby Washington districts. Trade is currently split 90% drinks and 10% food.
Ox & Plough Tyne and Wear
Ox & Plough Tyne and Wear – FINANCIAL
Annual Rent: £19,500
Security Deposit: £7,500
Working Capital: £3,000 Stock: £3,500
Fixtures and Fittings: Upon Valuation – Funding options 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: £250 plus VAT
Ox & Plough Tyne and Wear
This pub should be the hub of the community, offering something for everyone in the area. We are looking for an enthusiastic and aspirational licensee who can build a strong team with the ability to drive this business to perform at the level we believe it should be. To provide a more family friendly venue the incoming licensee will maintain the existing trade as a core but further develop the kitchen output around an engaging menu to build the business to its full potential. Music is a huge part of the retail offer for the Ox & Plough, Friday is Bands Night and the recently refurbished function room/restaurant is packed with locals enjoying the live offering. On top of the extra income from food and live music the ingoing licensee should consider other business building avenues such as; cask & craft ale, a cocktail menu to encourage a different customer base and pool and darts teams.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.