Watchfield is a rapidly expanding, picturesque village in the beautiful Vale of The White Horse on the busy A420, Swindon to Oxford road. Watchfield is home to the bustling and affluent Shrivenham 100 business park as well as the residential training facility for the UK Defence Academy. Surrounded by natural history, rolling hills, great walks and loads to see and do for explorers, walkers and photographers, Watchfield is only eight miles north East of Swindon Town centre. Multiple new affluent housing developments are underway in the local vicinity, making the Eagle a gem of a business with scope to grow and develop a traditional pub in the heart of the community.
As you walk through the front door of the Eagle, the well stocked centrally located bar provides a warm welcome as the 2 zoned bar areas, stretch out either side. To the left, there is a traditional public bar area, which currently hosts a pool table and darts board which could easily be moved around to host live music and various other events. To the right, there are low level tables, chairs and sofas providing a more relaxed atmosphere with an open fire and cosy feel. To the rear of the bar, there is a well-equipped galley kitchen, capable of hosting a traditional 7 day, pub food offer. Doors leads out into a beautiful and enclosed sun trap, courtyard with outside seating and well tended gardens. As the building extends down to the right, there is another area that can be used for additional seating, dining, events and more. There is ample on street parking located around the property.
The private accommodation consists of three bedrooms, an office, a living room, a kitchen and a bathroom, all in good order.
Annual Rent: £10,400 – Starting rent of £100 (net) p/w
Security Deposit: £3,000
Working Capital: £2,000
Stock: £2,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be 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: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
We are looking for a licensee who is passionate, has great retail standards and who loves community life. The ideal tenant will put their own stamp on the business and establish themselves within the local community by developing an exciting and compelling food offer and attracting locals, as well as those from the wider community such as the local business park and the military training academy. There is an opportunity to premiumise the wine, spirits and craft beers as well as expand the business and increase footfall by opening all day and introducing a quality food, cake and bakery offer. With the absence of a bakery or cafe in the village, there is huge opportunity to maximise on this potential additional income stream. The new tenant would ideally also be proficient and competent in using social media and local marketing to further drive the business forwards.
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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