The Oxford Blue - Oxford
The Oxford Blue - Oxford

The Oxford Blue - Oxford

  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
  • The Oxford Blue - Oxford gallery image
Gallery View

Key Highlights

  • Well equipped quirky pub ready to trade with patio and garden area
  • Neighbourhood location in the heart of Oxford between Iffley & Cowley Road
  • 80 covers in total with 35 designated dining covers and benches to front aspect
  • Conditional Purchase Agreement (CPA) considered to help the purchase fixtures & fittings
  • Feature 'pizza oven' and servery counter adding theatre to trading area
  • ££ Y1 & Y2 reduced rent

Pub Overview

The pub has until recently operated under a tenancy agreement and features a freshly made artisan pizza offer which is all served from a theatre style pizza oven and food counter that sits within the trading area. The pub is offered with this 'in situ', however there is also scope for other food offers to be introduced. A Sunday lunch offer has also worked well at this site. There is a cosy courtyard garden for extra outside seating and picnic benches at the front for outside drinks in the summer evenings.

Suitable Applicants

The Oxford Blue requires a switched-on community operator with a passion for great beer, the drive to develop the pub’s food offer and a desire to embed themselves at the heart of suburban Oxford life. A focus on a regular events programme will also be pivotal in maximising the Oxford Blue’s appeal.

There is a massive opportunity here to build up the local trade. In the area are lots of students and professionals alike, in addition to other tourists and visitors to the area to show off this unusual style of pub and reep addition income.

Financial Overview

ANTICIPATED INVESTMENT REQUIRED

We estimate the Investment required for this pub would be as follows:

APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings
£23,833
Working Capital
Minimum working capital required
£10,000
Stock & Glassware
In the region of to cover the value of opening stock
£4,000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings.
£800
Advanced Rent
In the region of (usually 1 month)
£2,083
Security Deposit
Payable in advance to Wells to cover charges incurred by your business  (If your business is to operate as a limited company a bond of £10,000 is required, together with a personal guarantee for all directors)
£6,500
Training Course Fees 
 Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people
£0
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement
£450
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)
£23,660

Ongoing Costs

Service Charge
Payable monthly, to include: Cellar cooling service, Extract clean, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only).  Electrical Test (tenancies only)
£4,300
Accountancy Services
Fees for a nominated accountant (in the region of)
£2371.56
Stocktaking Services
Six professional stocktakes per annum recommended
£1,302
Rent
In the region of (payable monthly in advance)
£29,500
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

32 Marston Street, Oxford, Oxfordshire, OX4 1JU
Destination community wet
Total Investment 20k - 30k
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team.