Licensee - Alcester
Royal Oak - Alcester
Ingoing Costs: £9,524
Annual Rent: £14,750
Annual Turnover: £152,607
The Royal Oak is a well-established pub benefiting from a prominent location on the High Street in Alcester, Warwickshire, and a busy commuter town just south of Birmingham. The outlet lies close to the post office and a number of independent shops. Benefiting from its high street location, this is a predominately cosmopolitan area which attracts a range of city centre customers including daytime shoppers, office workers and busy evening trade.
It currently operates as a community drinks pub but has huge potential to deliver a great food offer including an opportunity for a lunch time menu for the market town. There is a catering kitchen and the site can seat 40 covers. Star Pubs & Bars can assist in the provision of a quality food offer to boost profits.
The pub is well known for entertainment and enjoys strong teams representation on weekends.
Available with a First Year Support to the value of £21,017 and then reviewed, support for this pub includes:
- Payment of 100% Business rates (£8,232), Sky TV (£7,435), Machines (£1,750) and Accountant and Stocktaking charges (£3,600).
The Royal Oak represents an ideal opportunity for someone experienced with the ability to effectively drive the existing strong wet trade as well as create a food offer for the local community.
The private accommodation consists of three bedrooms, lounge, kitchen, bathroom and office.
Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.