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Businesses For Sale > Business For Sale in Oxfordshire, UNITED KINGDOM - UK (UK)

9135OX Award Winning Pub L/H £195,000 Oxfordshire for sale in Oxfordshire, UK

Oxfordshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 195,000 Undisclosed Undisclosed

Business Summary:
LOCATION This family run destination pub, which was awarded the Greene King pub in 2003, is set in the heart of the Oxfordshire countryside, overlooking green farmlands. Nearby is Milton Park, which is one of the largest industrial estates in Europe, Milton technology centre and the diamond project employs approximately 1,000 scientists. Nearby towns include Wantage, Didcot and Abingdon. The area has road links via the A34. The pub itself has a large car park which can accommodate 70 vehicles; additional on street parking is also available nearby. FINANCIAL INFORMATION: We have been advised by the vendor of the following: Annual sales: £560,000 Gross Profit: 53% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES: Large well maintained premises with a good ambience. Many original features including beamed ceilings, open fire and part wooden floor. 40 cover restaurant, 120 sitting inside bars, 2 comfy leather sofas around a large coffee table. A quiz bandit and cigarette machines. Predominately slate tiled floor around the bar with good quality carpeting in the restaurant, non-slip flooring in the kitchen, disabled, ladies and gents w/c. Central bar with attractive wooden facia, 3 chillers for wine and soft drinks, glass washer. First Floor • 5 staff bedrooms – 3 doubles, 2 singles • Kitchen • Corner bath with shower over • Double bed owners room • Additional self contained small house with 1 double bedroom, a dining lounge and a shower room

 

   
Facilities / Terms of Lease: TENURE: Leasehold Original lease: 15 years Remaining lease: 10 years Review every: 3 years Rent: £65,000 P.A. We are advised that the annual business rates are currently: £4,000  
   
Potential Growth/Expansion: As the business is very much food led with a regular shortage of tables most of the potential is centred around this area. 1. A large conservatory could be added at the side of the existing restaurant with extra tables 2. The kitchen and wash up area could be extended to allow them to cope with more throughout.  
   
Seller Reference Number: 9135OX
BusinessMart.com Listing Number: 55747
 

 

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Niti Jashvir

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0844 8009092

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