The Royal Oak Inn sits in the market town of Wotton-Under-Edge, surrounded by the beautiful South Gloucestershire countryside yet only a 20-minute drive to both Gloucester and Bristol. Well-known for its good pub food and cask ale, the Oak is a great opportunity for someone looking to run a traditional market town pub. The pub comprises two separate trading areas, one consists of a bar area which seats 20 and includes a pool table, darts and televisions showing Sky and BT sports. To the left is the lounge area which flows into a dining area, comfortably seating 30 diners. The bar servery hosts an array of cask ales and international brands popular amongst the locals. With open stonework, fireplaces and a pleasant and airy atmosphere, it is a joy to enjoy a tasty pub meal or a drink or two. The well-equipped trade kitchen is of good size and has easy access to the dining area, ideal for developing a great food offer.
A good size flat that is well maintained and comfortable with two bedrooms, a lounge and kitchen.
Agreement Fee: £775.00
Cash Float: £1,000.00
Fixtures & Fittings: £15,000.00
Forecast Turnover: £521,548.70
Full Deposit: £7,000.00
Full Tie Release: £49,250.00
Guide Rent: £28,000.00
Initial Deposit: £0.00
Repair Fund: £2,500.00
Stock & Glassware: £4,000.00
Working Capital: £12,000.00
Year 1 Rent: £15,000.00
Forecast Dry Turnover: £134,742.50
Forecast Other Turnover: £9,848.02
Forecast Wet Turnover: £376,958.18
The Royal Oak has a great reputation for both food and ale. It has been a very busy and important pub in Wotton for many years and is a great opportunity for someone looking to run a busy town tavern with strong food and wet sales. This site would be ideal for an experienced operator or a current landlord looking to take on a bigger pub.
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