The Plough is in the affluent Oxfordshire village of Appleton (population c1000), and is now the only pub left in the village. It's only 4 miles from the large expanding town of Abingdon and is near Oxford City. It's a two-bar operation and dates to the 16th century so has all the period features you would expect and was originally built to serve the farming community. It is in good order internally with a decent kitchen to service the food offer. There is a large garden to the rear with another outside drinking area with seating to the left-hand side of the pub. The pub also has enough parking for about 12 cars.
Pub Layout
The entrance to the pub is from the rear, as you enter there is a “snug” bar with fixed seating and adds a presents a cosy atmosphere. Next to this is the main bar area where there is window seating and tables and features an original fireplace. As you go further through the pub there is another space that can accommodate a few tables and then leads into the second bar area at the front of the pub. These two spaces would be ideal for the restaurant side of the business.
Externally there is a large garden, outside toilets and a smaller garden area to the side of the pub. There are investment plans to build a covered walkway to both sets of toilets and enhance the already covered seating area by utilising the outbuilding that will then create a fantastic extended drinking opportunity for all year round.
The private accommodation consists of: Three double bedrooms, a bathroom with toilet & shower, and a large lounge.
There is no domestic kitchen but there is a fully fitted commercial kitchen downstairs that can be utilised.
Annual Rent: £27,500 (Start up rent of £100 per week (net) available)
Security Deposit: £5,000
Working Capital: £5,000
Stock: £5,000
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.
Admiral Taverns are looking to recruit someone with the vision to embrace this great opportunity to re-engage with local village and surrounding area and re-launch this pub in the local market place. Any new operator will need to be experienced and have a food background to match the demographics. There are several high-end food sites in close proximity, but I see The Plough being able to compete in the mid-market with a great locally sourced menu, real ales, modern brands with a strong wine and spirits offer. Our plan is to re-establish the pub at the heart of the community. You will need a strong marketing and re-launch package to promote the planned transformational external focussed capex scheme.
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
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MISREPRESENTATION ACT 1967
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