The Boot Inn, Witney
Three Months Rent Free Offered

The Boot Inn, Witney

  • The Boot Inn, Witney gallery image
  • The Boot Inn, Witney gallery image
  • The Boot Inn, Witney gallery image
  • The Boot Inn, Witney gallery image
  • The Boot Inn, Witney gallery image
  • The Boot Inn, Witney gallery image
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Key Highlights

  • Site will be let with extensive internal refurbishment, plus external makeover and new signage.
  • Three months' rent free offered, with payment plan for fixtures and fittings.
  • Fantastic sun drenched external alfresco dining area with decking.
  • Ample car parking ideal for this destination food led business.
  • Located just 30 seconds from the busy A40 between Cheltenham and Oxford.

Pub Overview

Just off the A40 near the affluent town of Witney, between Cheltenham and Oxford, The Boot Inn is brimming with potential for a switched-on food operator. The pub’s beautiful interior, complete with traditional wooden beams and real fires, combine with the extensive outdoor dining area and ample car parking to provide a great opportunity for the right food offer. Be sure to pay The Boot Inn a visit ASAP, and see how your vision for the site could work with ours. 

Suitable Applicants

This opportunity would ideally suit a chef couple who have a proven track record in running a successful destination food business.

*The Boot Inn is currently awaiting its new Energy Performance Certificate*

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, or £10,000 if Ltd company

£9000

 

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.

£15000

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

£5000

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.

£550

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

£750

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.

£26,100

 

Ongoing Costs

Rent in the region of
(payable monthly in advance)

Negotiable

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

Three Months Rent Free Offered
Barnard Gate, Witney, Oxfordshire, OX29 6XE
Destination food
Total Investment 20k - 30k
Potential Partner Profit 35k pa
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team