Royal Oak Caterham
South East
68 High Street, Caterham, Surrey CR3 5UB, UK
The Royal Oak is located on a corner plot at the end of the High Street, it’s a five-minute walk from Caterham Town Centre and train station. This property is a very local business in the heart of the community which benefits from darts, TV sports and local clubs which meet regularly at the pub for a drink. The property is traditional in style and comprises of two rooms, one main bar at the front or the pub and a rear bar, both of which have their own serveries and have a comfortable, cosy feel with up to 30 covers. The second bar has darts facilities and television screens and is well used by local darts teams. This space could also be versatile as a small function room, used for private hire with potential to develop this further. The Royal Oak also boasts a fully equipped trade kitchen, presenting an opportunity for the new publican to develop a food offering and bring in extra revenue. To the rear of the building is a patio garden with benches, ideal for extra trade during the warmer months.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
Caterham is a reasonably affluent area, located on the edge of the Green Belt close to the A22, 21 miles from Guildford and 15 miles south of London. Due to its close proximity to London, it is predominantly a commuter town and has plenty of housing of all types.
Private Accomodation
The private accommodation consists of three-bedrooms and a lounge, ideal for a family and in good decorative order.
Agreement Fee: £750.00
Cash Float: £300.00
Fixtures & Fittings: £8,000.00
Forecast Turnover: £320,328.83
Full Deposit: £7,000.00
Full Tie Release: £0.00
Guide Rent: £28,000.00
Initial Deposit: £0.00
Repair Fund: £1,500.00
Stock & Glassware: £2,000.00
Working Capital: £14,000.00
Year 1 Rent: £18,000.00
Forecast Dry Turnover: £18,243.35
Forecast Other Turnover: £6,069.42
Forecast Wet Turnover: £296,016.05
Additional Info
Ingoing Cost: £14,000.00
Annual Cost: £28,000.00
Agreement Type: Retail Partnership Tenancy
This is the perfect first-time pub for a new starter or experienced publican seeking a comfortable community house. There are plenty of opportunities to develop the existing custom through increased use of the rear bar and function room or by reintroducing a food offering to complement the wet trade.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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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.