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Golden Ball, Littlemore

Oxford, OX4 4LQ

Your investment

£10,000

Agreement Type

Tenancy

Littlemore is a well-populated district on the edge of Oxford, around 2 miles from the city center.  The area benefits from excellent transport links into the city and has good access to the A34 which links the M40 with the M4. The Golden Ball is perfectly located and is in excellent decorative order, the two main bars are very easily manned the public bar benefits from darts and a and pool table which supports mid-week teams and there are TV screens that are perfect to host a televised sports offer.

Littlemore is a well-populated district on the edge of Oxford, around 2 miles from the city center.  The area benefits from excellent transport links into the city and has good access to the A34 which links the M40 with the M4. The Golden Ball is perfectly located and is in excellent decorative order.

Pub Layout

The two main bars are very easily manned the public bar benefits from darts and a and pool table which supports mid-week teams and there are TV screens that are perfect to host a televised sports offer. The Lounge bar area is cozy and more relaxed and perfect for use as a dining area. The trade kitchen is well equipped and ready to produce a traditional pub menu, the potential for weekday pub food and a Sunday roast offer is huge with no direct competition locally. Externally the trade garden is fully fenced so perfect for families and perfectly lends itself to family-led activities, fun days, BBQs, and beer festivals and hosts summer aunt sally teams.

There is a loyal customer base from which to build. The pub already is regularly visited by local residents, employees from local businesses, passing trade, and families.  The Golden Ball is an easily operated business with masses of potential. This is a turn-key pub already trading very well and benefitting from all of the key ingredients, a fantastic location, a trading area in excellent decorative order, a small customer car park, a large enclosed beer garden, and a catering kitchen.

Private Accommodation

The private accommodation consists of two bedrooms, a lounge, and a bathroom.

 

Annual Rent: £16,500

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

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 now requires some of that special great host magic that only a motivated publican can offer to really set this pub apart from the competition and offer something to the entire community. Whether new to the trade, or an experienced operator, this pub could be the answer.

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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