tenancy
Lake Road, Hooe, Plymouth PL9 9QY, UK
Approx. Total Ingoings
£10,600Annual Rent
£18,500The Royal Oak is a good quality community pub overlooking the River Plym estuary in a picturesque location on the outskirts of Plymouth. Internally, the pub offers a cosy space for dining and drinking with a large open fire and pub bric a brac. Three letting rooms are situated above the pub to drive further trade and additional revenue stream. Externally, a well decorated and equipped beer garden sits next to the water’s edge offering fantastic views, whilst enjoying a cold beer and bite to eat. This pub will appeal to an experienced publican who is able to build strong relationships within the community and maximise the potential of this multi-faceted pub business.
This traditional pub offers space for 50 plus dining and drinking guests to enjoy. The pub has a range of good quality soft furnishings and tables and a large open fire completes this cosy ambient. Three letting rooms are available above the pub, with a convenient external entrance and exit. The main area has a great range of draught fonts and hand pulls, with a recently upgraded back bar with glass shelving and mirrors. A compact trade kitchen is situated behind the main bar and has proved capable of providing a good size traditional pub menu.
A lovely, south facing beer garden for approximately 30 covers, has fantastic views out onto the estuary and is very popular in the warmer months.
The private accommodation is located on the second floor, and comprises of two bedrooms, for which one Bedroom is currently used as a lounge, a small office area and a small kitchen.
Tenancy*
Beer Garden Private Accommodation Kitchen Cask Ale Letting Rooms Restaurant/Food
Approx. Total Ingoings
£10,600
Annual Rent
£18,500
Fixtures & Fittings £15000
Deposit £4600
Stock & Glassware £5000
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
