Licensee - Peterborough

Royal Oak - Castor, Peterborough

Ingoing Cost: £20,000

Rent: £24,000

Agreement Type: Tenancy

Reference Number: 300575 / 46125

Well supported community local seeks experienced operator

Property Features:

This is a beautiful 17^th century traditional thatched pub with original beamed ceilings and three real fires, located in the historical village of Castor near Peterborough. It is close to the A1 and just off the A47 but is in a very rural and affluent location. The pub is located at a key focal point on the main road of this historical village, with bustling country parks, nature trails and woodland walks all within two miles. The property is surrounded by good quality, character housing.

The pub trades from a large main bar servery which serves both the 28-cover lounge and the pub's cosy snug area where locals like to gather. With a further lounge to the rear, all the trade areas are well decorated giving the whole pub a very comfortable feel. There is no food offering at present; however, there is a small but functional trade kitchen. 

Externally, there is 15 car park spaces and a secluded private courtyard garden. To the front of the property, there are two south facing drinking areas as well as a sheltered smoking area.

Trading Style:

The Royal Oak is a wet led pub with a strong emphasis on real ale, and as a community focal point and gathering place, the local community supports it well. There is a fantastic opportunity to develop a food offering. However, the style of the pub does not need to change as it would spoil the character of this traditional and beautiful pub

The Royal Oak offers a fantastic opportunity to build on the existing trade offer in a beautiful countryside setting close to many local amenities. The successful new operator will need to have a strong catering background as well as both vision and plans for growing and developing the food offer. An awareness of how to attract the many tourists to the area to the pub would also be hugely advantageous. Solid marketing, reputation management skills and the ability to be involved in the village community is essential to ensure that customers are attracted to what this pub has to offer.

The successful candidate would ideally have experience of a traditional village pub to enable them to engage with the community following a long-standing landlord and understand rural life. They would also need to be passionate about real ale but also have experience of producing a good quality food offering. 

Private Accommodation:

There is a very spacious living accommodation recently redecorated to a high standard at this site. It consists of three double bedrooms, a large family bathroom, lounge, dining room and full central heating throughout.

Key Financial Information

Please note that Energy Performance Certificates are available from the landlord.