The Bedford Arms, Oakley
Under Offer

The Bedford Arms, Oakley

  • The Bedford Arms, Oakley gallery image
  • The Bedford Arms, Oakley gallery image
  • The Bedford Arms, Oakley gallery image
  • The Bedford Arms, Oakley gallery image
  • The Bedford Arms, Oakley gallery image
  • The Bedford Arms, Oakley gallery image
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Key Highlights

  • Profit potential in the region of £51,000 per year
  • Single bar operation with 80 covers
  • Attractive rear garden with delightful decking area
  • Friendly village pub popular with locals and visitors alike
  • Large private accommodation with separate manager's flat

Pub Overview

Bounded on three sides by the River Ouse in the heart of the pretty village of Oakley, this 16th-century inn is surrounded by beautiful countryside but only a short drive from Bedford. Its county-wide reputation for excellent food is entirely warranted, and will allow a new operator to build on this momentum while lending their own touch to the pub.

The large main dining area is complemented by several cosy snug areas; a beautiful conservatory overlooks the sizeable garden and provides an ideal space for private dining, while also functioning as a picturesque meeting room for the many local interest groups who frequent the pub.

Whether dining, drinking or socialising is the order of the day, the Bedford Arms has something to delight all who visit it.

Suitable Applicants

The Bedford Arms would be an ideal business for an experienced food operator, someone ready to hit the ground running and build on the pub’s already strong reputation for superb food. Strong marketing skills are a must, as is the desire to become a key member of the Oakley village community.

Financial Overview

ANTICIPATED INVESTMENT REQUIRED

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

Security Deposit in the region of:
(paid in advance to Charles Wells Ltd) held to cover credit and rental charges. Returnable at the end of the agreement.

£12750

 

Fixtures and Fittings estimated valuation
(paid to the outgoing licensee via the valuer at least 7 days in advance) to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment. The successful applicant must reply upon the valuation provided by their appointed licensed trade valuer in relation to the actual sum to be paid.

£35000

Stock and Glassware in the region of
(paid to the outgoing licensee on the day of changeover) to cover the value of opening stock.

£3000

Valuers Fees in the region of
(paid to valuer) for valuing fixtures and fittings.

£800

Training Course Fees per person
(payable to Charles Wells Ltd) 5 day CRISP induction course mandatory for all licensees – NB £800 for two people.

£500

Administration Fee in the region of
(payable to Charles Wells Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement.

£400

Advance Rent in the region of
(usually 1 month)   

£0

Minimum Working Capital Required 

£10000

APPROXIMATE TOTAL
Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings.

£27,450

 

Ongoing Costs

Rent in the region of
(payable monthly in advance)

£51,000

Service Charge in the region of
Payable `onthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only)

£1,820 pa

Accountancy Services in the region of
fees for a nominated accountant

£2,600 pa

Stocktaking Services in the region of
We recommend all licensees should have six professional stocktakes per annum

£1,560 pa

Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Under Offer
High Street, Oakley, Bedfordshire, MK43 7RH
Destination food
Total Investment 20k - 30k
Potential Partner Profit 51k pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team