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Public House With Letting Rooms In Eynsham Oxfordshire

Eynsham Oxfordshire
Public house Eynsham, Oxfordshire T/O: £250,000 GP: 58% Huge scope Well-equipped Restaurant facilities 3-letting rooms 2-bedroom owners' accommodation
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 70688
ADVERT IMPRESSIONS : 12,221 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

LEASEHOLD:

£89,950
 

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BUSINESS DETAILS:

Location
The White Hart occupies substantial 2-storey semi-detached premises, ideally located in the heart of the village of Eynsham, Oxfordshire. The premises benefit from ample on-street parking and are surrounded by a mixture of residential and commercial properties. The area is well-served by public transport with a number of bus stops within easy walking distance. The village amenities are nearby, including 2 schools, a church and a sports club. The premises are easily accessed via the A-road network, including the A40. The village is popular with commuters due to excellent road links across the region and is a desirable place in which to live and work. Oxford lies 7 miles away, while Bicester lies approximately 14 miles away.

Business History
Preferred Commercial is pleased to offer for sale this thriving public house with letting rooms, which was established in 1790 and which has been in our clients' careful hands since 2003. The pub is only now being offered to the market due to our clients' wish to retire. The business trades 7 days a week and generates a turnover in the region of £250,000 per annum with a gross profit of 58%. As well as offering a range of real ales, fine wines and spirits the pub also offers traditional English pub food, a function room and 3-letting rooms. We feel the turnover could be further increased by a a modest marketing campaign and extending the opening hours of the restaurant side of the business. The function room is used as a meeting room for the local community approximately 3 times a week. A new owner could, if desired, convert the function room into further restaurant seating to increase the turnover further. The pub is well-supported by the local community and has a number of teams, including dominoes, cribs, darts and Aunt Sally. There is a website in place advertising the business and services provided. The premises are well-equipped to suit the trade and boast a spacious lounge area, commercial kitchen and 2-bedroom owners' accommodation. We feel this is an ideal opportunity to acquire an already busy pub with 2-bedroom owners' accommodation and scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £250,000 approx.
GP: 58%

Opening Hours
Mon - Fri: 12:00pm to 2:30pm and 5:30pm to 11:30pm
Sat - Sun: 12:00pm to 12:00am

Accommodation Details
Substantial 2-storey semi-detached public house premises with restaurant and 3-letting rooms. Briefly comprising:

Ground Floor
• Lounge with feature exposed beams, inglenook fireplace, 2 x further fireplaces, fixed perimeter seating and free standing wooden tables and chairs
• Bar with 9 points of dispense, electronic cash register, optics display and chiller
• Ladies and gents WCs with wash hand basins
• Disabled WC with wash hand basin
• Commercial kitchen with stainless steel work surfaces, dishwasher, 2 x microwave ovens, Panini press, pizza oven, 6-burner hob and oven, 2 x fryers, grill, plate warmer, refrigerators and freezer
• Function room with tables and chairs, bar servery with 6 points of dispense, chiller, electronic cash register, optics display and door to garden
• Utility room

Lower Ground Floor
• Beer cellar with chiller and ice machine

First Floor
Owners' accommodation
• 2 x double bedrooms
• Lounge
• Office
• Bathroom with bath, WC and wash hand basin

Letting Accommodation
• Room 1: twin bedroom with en-suite bathroom with bath, shower, WC and wash hand basin
• Room 2: double bedroom with en-suite shower, WC and wash hand basin
• Room 3: double bedroom with en-suite shower, WC and wash hand basin

External
• Driveway with space for up to 2 vehicles
• Beer garden to rear with 8 wooden benches and 2 x aunt sally pitches

Tenure
Leasehold
Original length:21 years
Remaining: 7 years
Review: every 3 years
Rent: £32,000 per annum
   
  FOR SALE
   

REFERENCE:

2892 / RightBiz
   
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