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Crown

Stadhampton, OX44 7TX

Your investment

£16,000

Agreement Type

Tenancy

Stadhampton is an Oxfordshire village close to the City of Oxford, The Crown commands a high profile location in the centre of the village on the busy A329 Oxford to Reading link road. This pub has bags of opportunity and benefits from some seriously impressive facilities; additionally, the Crown has benefitted from a recent major full professional refurbishment. This refurbishment was completed by the young, dynamic pub-owning company both inside and out during the summer of 2019 and by working with the current operator, the pub continues to go from strength to strength. The pub has now become unexpectedly available and now requires new leadership, the pub possesses bags of potential for a visionary engaging hands-on operator or couple who want to continue to embed the pub further into the local community and leverage all of the opportunities here such as pub teams, village events, and potential local community and charity events whilst continuing to exploit the huge food potential this pub provides and is already well recognized for.

Stadhampton is an Oxfordshire village close to the City of Oxford, The Crown commands a high profile location in the centre of the village on the busy A329 Oxford to Reading link road. This pub has bags of opportunity and benefits from some seriously impressive facilities; additionally, the Crown has benefitted from a recent major full professional refurbishment. This refurbishment was completed by the young, dynamic pub-owning company both inside and out during the summer of 2019 and by working with the current operator, the pub continues to go from strength to strength. The pub has now become unexpectedly available and now requires new leadership, the pub possesses bags of potential for a visionary engaging hands-on operator or couple who want to continue to embed the pub further into the local community and leverage all of the opportunities here such as pub teams, village events, and potential local community and charity events whilst continuing to exploit the huge food potential this pub provides and is already well recognized for. The quality of pub location and indeed to the superb standard of the living accommodation that is available here, which has lovingly decorated by the current tenants, really sets this pub up to provide for an excellent standard of living.  The Crown is already a very highly regarded pub locally with an excellent reputation maintaining the very best of standards whilst receiving consistent superb online reviews and feedback and set to be taken to the next level.

Pub Layout

The pub benefits from being operationally well planned out, there is an easily managed bar that serves both of the trading areas which can easily seat 70 covers plus, the trade kitchen has access to both bars to assist with food service, the covered area is suitable for both food and drinks occasions and the separate bar area means that private events are possible. Back of house gives the operator the ease of a ground-level cellar, a rear storage yard and convenient side service access. Externally there is car parking and a covered patio area.

The current trading style of the business is that of a classic pub with a French twist that reflects the outgoing operator; it is envisaged that the ingoing operator would have their own vision and detailed operational plan that will enable the pub to develop and grow. There is the potential to extend trading hours at the start of the day and offer breakfasts. The current number of dining covers could be increased, and there is scope to evolve the current menu. The pub also lends itself perfectly to hosting family fun days, Ale and cider festivals and an additional income stream could be developing the private party and events opportunity. The pub will continue to thrive under the direction of a sound operator who understands that character, quality and service are the core values that make this kind of business a success.

Private Accommodation

The private accommodation consists of three bedrooms and is newly redecorated and carpeted throughout. This is in excellent condition and consists of a kitchen area, lounge and family bathroom.

Annual Rent: £23,400

Security Deposit: £5,000

Working Capital: £6,000

Stock: £5,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

The pub would suit an entrepreneurial couple or individual who has experience in identifying and exploiting the business potential of this type of pub. They must share the owning pub company’s vision to develop and grow this multi-faceted, multi-income stream business. The food and drink offered here must be of excellent quality and be diverse enough to cater for the daytime passing trade and attract evening diners as well as be compelling enough to draw custom from the surrounding area. The ideal licensee would ideally have experience of developing, maintaining and marketing a high-quality food offer, be passionate about quality beers and ales and possess exceptional customer service and engagement skills along with fantastic standards that will be key in moving this already successful beautiful pub onto the next level.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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