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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
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team
