The Kings Oak sits at the end of a row of shops built together in the 1960S in the middle of the Northfield estate in Kings Norton Birmingham, at one end of West Heath Park. The surrounding estate which is a mix of rented and privately owned houses has a population of 30k within a mile radius with the Kings Oak sitting in the very centre unlike the other pubs that are dotted around the outside edges. In 2021 the Kings Oak benefitted from a refurbishment bringing its decoration to a high standard both inside and externally.
Pub Layout
An entrance lobby leads into the first of two separate trading rooms which is the lounge, laid out with upholstered fixed seating and a mixture of individual high and low wooden tables with stools. Seating for approx. 60 people. The lounge has a one bar servery to one end and an AWP machine and Juke Box to the other. At present this is the most popular trading room as it is the first one as you enter the building.
A short, wide glazed hall leads through to the bar which is the same size as the lounge but with more original features. A hard tiled floor and leather high backed fixed seating around half of the room gives it a fantastic drinking sports bar feel. It has a pool table, darts run and an AWP. To one end is a bar servery that is accessed from the adjacent one in the lounge. Both rooms have access to the same male and female toilets between the 2 rooms.
Outside there is no seating area and no customer car park, however ample parking is available in front of the shops next door.
Consists of 3 bedrooms, lounge, kitchen, bathroom and toilet.
Annual Rent: £12’000
Security Deposit: £5k
Working Capital: £3k
Stock: £2k
Business Rates: Nil
F&F: TBC (Funding options may be available)
Training: £325 plus VAT
* Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Kings Oak is a manageable in size, easy to operate pub so could be ok for someone new to the trade.
This pub should be the heart of the community, fundraising, support for local people, great value and always something going on creating a reason to visit. Teams should be recruited and encouraged.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
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.
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