tenancy
27 Enstone Road, Middle Barton, Chipping Norton, Oxfordshire OX7 7BL, UK
Approx. Total Ingoings
£10,750Annual Rent
£23,000The Fox Inn is an attractive country inn located in the heart of rural Oxfordshire in a prosperous and much sought after residential area. The pub is well placed to attract trade from the local community. The village of Middle Barton can be found in a prominent position on the B4030, a few miles south east of Chipping Norton and 10 miles north of the historic city of Oxford and the M40 motorway. The Fox Inn is well decorated throughout and is able to cater for at least 60 covers at any one time. The pub is extremely popular for live music and has an attractive beer garden with beautiful views over the countryside. We are looking for an experienced publican who is capable of developing a good quality, traditional food menu.
Private Accommodation: The private kitchen, bathroom and lounge are situated on the first floor, whilst the two bedrooms can be found on the second floor.
Indoor trading area
Well decorated throughout, the Fox boasts many character features including exposed stone walls, flagstone floors, beamed ceilings and a large feature fireplace. The smart yet comfortable main bar has seating for approximately 35 covers, whilst the traditional style cosy snug is able to accommodate a further six guests. Currently the pub is a popular venue for live music. Another attraction is the 25 cover dining area which a new publican should look to make full use of. Conveniently located next to the restaurant is the well-equipped trade kitchen.
Outdoor trading area
To the front of the Fox Inn is a patio with seating for around 20 covers, and a car park with space for 15 vehicles. The attractive rear beer garden has a sloping lawn, fruit trees and wooden garden furniture for a further 20 guests. The bonus of a stone barbeque and small children's play area provide the new publican with the opportunity to make the most of this lovely outdoor space by catering to families.
Regional Manager Comments
Currently the pub draws custom from the village residents and passing trade from the busy B4030. There is great potential to continue developing the food offering and establish a destination pub in this affluent area. The new publican should have an interest in developing a good quality, traditional food menu, along with serving well-kept cask ales and good wines.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale Children's Play Area Restaurant/Food
Approx. Total Ingoings
£10,750
Annual Rent
£23,000
Potential Turnover: £276,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £23,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £10,750 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £9,000 (excl VAT)
To be discussed with the Regional Manager.
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