Overview

Could you run this pub?
The Royal Oak is a traditional drink led pub in the village of Whitwell in Worksop, not far from Nottinghamshire/Derbyshire. It’s known for its fantastic drinks offer with cask ales and a cask marque accreditation. It’s a true hub of the local community where regulars catch up and also home to lots of activities. The pub holds many events from monthly comedy nights to yearly festivals in aid of charity and local causes.

Business facilities
The pubs trading space is split into two key areas, with a public and lounge space that flow into each other, each with separate bars. Outside there is a suntrap decked area for outside drinkers, a separate smoking solution and parking for up to four spaces. The pub also offers a place for locals to enjoy live tv sports and WiFi.

Accommodation
The private accommodation includes two bedrooms, a kitchen and lounge.

About the local area
Whitwell is a small Derbyshire village which sits outside Worksop. It’s within easy reach of both Sheffield and Chesterfield where some residents commute to work. It sits in a residential part of the village and is not far from the famed Cresswell Craggs.

This pub may suit?
It’s a great opportunity for a passionate landlord who has local connections and who will thrive within this community. You will have a real passion for cask ale and quality drinks and also enjoy being the centre of this community, building lasting relationships and working with locals to make this a welcoming home from home and the heart of the community.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.

You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have a dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or an Operations Manager.

 

Financial Information

Initial Deposit*
£6,000
Full Deposit
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£24
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£17,000
Weekly Rent
£221
Forecasted Annual Wet Turnover
£204,097
Forecasted Annual Other Turnover
£3,813
Weighted Discount Per Barrel
£181
Agreement
Tenancy 5 yr

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