The Fox Inn is set for an exciting refurbishment, offering a fantastic opportunity for an experienced licensee or couple to take on a 5-year tenancy with Admiral Taverns. The pub will be fully redecorated inside and out, including new signage and upgraded private accommodation creating a fresh, welcoming space that retains its traditional charm. With the right hands on leadership, The Fox Inn is poised to become a thriving community hub, supported by a vibrant schedule of events, themed nights, and entertainment. The courtyard garden adds extra appeal, ideal for summer gatherings and private functions, while a strong food offer will be key to its future success. Perfectly located and full of potential, The Fox Inn is ready for its next chapter.
The Fox Inn is a characterful and traditional pub, perfectly positioned at the end of The Parade Oadby’s lively and well-frequented high street. Set within a historic building that retains much of its original charm, it offers a warm and timeless appeal both inside and out. Located just four miles southeast of Leicester, Oadby is a thriving, well-connected town with a strong residential base, supported by a vibrant mix of families, students, and visitors. Its close proximity to the University of Leicester and the Leicester Tigers rugby ground ensures a steady stream of footfall and loyal custom. With excellent transport links via the A6 and nearby rail connections, alongside a host of shops, services, and amenities just steps away, The Fox Inn is ideally placed to continue thriving at the heart of this dynamic community.
Pub Layout
There are two main access points to the pub. The first is located along the main road, leading directly into the main lounge area. The second entrance is situated at the side of the property and opens into the games area, which currently features a pool table and darts board. A centrally positioned bar serves both the front and rear trading areas, allowing for efficient single-person operation. This layout also offers the flexibility to use each area independently if desired. At the rear of the sports lounge, a small corridor leads to the ladies’ and gents’ restrooms, as well as to a partially covered courtyard garden. Adjacent to this area is a compact trade kitchen with its own external access. Access to the downstairs cellar is available via a short corridor next to the entrance to the private accommodation.
Although The Fox Inn hasn’t been fully operational for the past six months, it has long held a reputation as a well-loved community hub in the heart of Oadby. Known for its well-stocked cellar, diverse bar selection, and popular food offering, it has consistently drawn a loyal local following. The pub features a quaint courtyard garden and enjoys a prime location just off The Parade, making it easily accessible and highly visible to passing footfall. Historically, The Fox Inn has thrived on a mix of sports teams, regular live entertainment, and lively game nights, all contributing to a steady and reliable income stream.
Large and spacious private quarters that consists of 3 bedrooms, living area, kitchen, bathroom with a separate toilet
Annual Rent: £19,500
Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £5,000
Stock: £4,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be 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.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
Security Deposit – A security deposit is required when applying for a pub with Admiral. This will be the greater of £5,000 or three months’ headline rent. The deposit is held on your account and returned when you leave, subject to your final account balance and the condition of the property. We will also carry out a credit check as part of your application, which may affect the deposit amount required.
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.
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 – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes. Please note, this only applies to pubs marked with an Asterix *
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