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Royal Oak, Platts Common

Platts Common, S74 OQN

Your investment

£32,500

Agreement Type

Long Term Agreement (5 Year Tenancy)
  • Full internal & external refurbishment planned
  • Fantastic community local
  • Superb outdoor area

This newly refurbished pub offers a fantastic opportunity with real wow factor, combining strong visual appeal with excellent commercial potential. Admiral Taverns are seeking an experienced licensee or couple with a proven track record of successfully running a multi-faceted business. A strong background in food-led operations is essential, and experience in managing letting rooms would be highly advantageous, as the site includes three high-quality letting rooms that provide a valuable and diverse income stream. The ideal licensee(s) will be confident in delivering consistently high standards of both food and customer service, ensuring every guest enjoys a memorable experience. Commercial awareness is key, along with a solid understanding of social media and modern marketing techniques to drive and maximise trade. Just as important is a community-minded approach, someone who can create a welcoming hub, introduce a strong and consistent food offer, and establish an engaging rhythm of the week that keeps customers returning.

This is a rare chance to take on a business with significant untapped potential. The successful applicant will have the vision and capability to develop and execute a robust business plan, fully unlocking what this pub has to offer. A genuine commitment to high standards, customer service, and operational excellence will be essential in positioning the pub as a true standout destination.

The Royal Oak occupies a prominent corner position in the village of Platts Common, surrounded mainly by residential housing. Its close proximity to a nearby industrial estate also presents an opportunity to attract and engage a wider customer base.  The property itself is a historic building dating back to the 1850s, contributing to its character and presence within the local streetscape. Platts Common is a small village in South Yorkshire, ideally positioned between the larger towns of Barnsley and Rotherham. Surrounded by attractive countryside, the area is popular with walkers and those seeking easy access to rural landscapes, while still benefiting from strong transport connections. The village is readily accessible by car via the M1 motorway at Junctions 36, 37 and 38, and is also served by local bus routes, providing convenient links to nearby towns and amenities. Steeped in history, Platts Common developed during the 19th century as a thriving mining community which is reflected in its traditional buildings and enduring community spirit. Its combination of heritage, accessibility and surrounding green space makes it an appealing and characterful location.

Pub Layout

The property is approached from the car park, where a small porch currently used as an external smoking area leads into the building via a modest entrance hall, opening into the main bar area. The interior operates as a two-room, open-plan space, with the bar forming a central focal point. Its traditional design complements the characterful low-beamed ceilings, mid-height wall shelving, and the high stools arranged throughout, all enhancing the presentation of an extensive and appealing product range. The main trading area features a blend of wooden and carpeted flooring, creating distinct yet cohesive areas. Opposite the bar, a bay window area provides a relaxed seating space with low-level tables and chairs. To the right of the bar, a carpeted section overlooks an open fireplace, offering a warm and inviting setting, while a television screens live sports for added entertainment. Adjacent to this, a carvery station is positioned to the left-hand side of the bar, supporting food service within the space. Further to the left of the bar, a short hallway provides access to the ladies’ and gentlemen’s toilets, as well as the kitchen. To the right, another hallway leads to a side exit and opens into a separate snug or games room. This area offers a more informal and sociable atmosphere, featuring a combination of bench seating, low tables and chairs, and high poser tables set against a tiled floor. A darts board and games machines enhance its appeal, making it particularly popular with regular early evening patrons. Access to the private living accommodation is also located within this room. Externally, the property benefits from a substantial garden area, complete with a children’s play area and football goals, providing an excellent family-friendly environment with ample space for multiple bench tables. Access to the letting accommodation is situated within the garden. Additionally, there is a car park with capacity for approximately 20 vehicles, offering convenient on-site parking for customers and guests.

The Royal Oak is currently operated primarily as a wet-led business, complemented by a popular Sunday carvery that provides a consistent food offering at the weekend. The pub has a strong community focus, supporting two darts teams; men’s and ladies’ alongside active dominoes and crib teams, which help to drive regular footfall and reinforce its position as a local hub. While there is currently no pool table on site, there is sufficient space to accommodate one, presenting an opportunity to broaden the pub’s appeal and encourage additional in-house teams and social leagues. Further potential exists to develop the business by introducing a more consistent, all-week food offering, which could significantly increase dwell time and attract a wider customer base. In addition, the implementation of a regular entertainment programme such as live music, quiz nights, or themed events, would enhance the overall customer experience and provide further reasons for repeat visits, supporting both midweek and weekend trade.

Private Accommodation

The private accommodation, accessed from the pub is located on the first floor. It consists of one bedroom, living room, kitchen and bathroom.

Letting Accommodation

There are three letting rooms onsite accessed from a separate entrance at the side of the building and are all en-suite.

Room One – Family Room

Room Two – Twin Room

Room Three – Double Room

Annual Rent: £24,012

Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater

Working Capital: £20,000 – inclusive of 15% fixtures & fittings paid in advance

Stock: £7,500

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.

The Royal Oak will undergo a comprehensive refurbishment programme designed to significantly enhance both the customer experience and overall trading potential, while carefully preserving the pub’s traditional character. Works to the main trading areas and toilet facilities will include a full upgrade, with the existing bar counter retained as a central feature and complemented by new upper backfitting. The scheme will introduce feature wall coverings, a mix of tiled and upgraded flooring, and new lighting throughout, creating a warm, inviting and cohesive environment. The catering kitchen will be fully renewed, including the installation of a new extraction system, alongside upgraded flooring and hygienic wall cladding. New fixtures and fittings will be provided to support an improved and more consistent food offer. A full programme of internal and external redecoration will be undertaken, including the replacement of any damp-affected render prior to finishing. Within the trading areas, customers will benefit from new fixed bench seating, updated carpets and wooden flooring, feature wall coverings, and carefully considered lighting, all in keeping with the property’s established traditional style. A dedicated darts zone will also be introduced, reinforcing the pub’s strong community and team-based appeal. New tables, chairs, and soft furnishings will complete the refreshed interior. Externally, the property will receive a complete redecoration, enhanced by new signage and upgraded outdoor lighting to improve visibility and kerb appeal. The garden will be extensively improved, including the installation of a new children’s play area, replacement fencing, and the refurbishment of existing bench seating, creating an attractive and family-friendly outdoor space.

The refurbishment is subject to full Board approval. All designs are draft and indicative only, intended to showcase the potential of the pub. The refurbishment will be refined and personalised once a long-term licensee is secured, incorporating their vision for the look and feel of the business.

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 – £65.86 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 draft rating list for April 2026, 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 *


Frequently Asked Questions

We believe we do things differently to other pub companies. To us its quite simple – great pubs are run by great people, so we focus on ensuring we can empower you to run a successful pub business. Every licensee is different, and no two pubs are the same, so we carefully tailor the range of agreements, support and training packages we offer to give you all you need to run your own pub.

The first step is to call our recruitment team and have a chat with us. We’ll probably suggest you attend one of our recruitment events as nothing beats a face to face chat. It’s also a good idea to research the sort of pub you are interested in ahead of time, so you have a clear picture of the competition in the area and what the local community looks for in that pub.

In order to run a pub, you will need a personal license which regulates the sale of alcohol in a pub. This can be achieved through attending a one-day course, ending in a multiple-choice exam. Once you’ve passed the exam, you then need to apply to your local council, for your personal licence. Admiral can easily help you with this by offering a discounted rate. Finally, you will also need to complete PEAT training (Pre Entry Awareness Training), an online course which explains the leased and tenanted pub agreement you are about to take on.

Our default agreement is our 5 Year Tenancy Agreement with a range of support available to you throughout your agreement with Admiral. We also offer induction training, our 7 Steps to Sales Success course is a 2 day online course that will provide you with the knowledge to run a pub and get you off to a great start before you get started. In addition to this, we offer other training workshops on a wide range of topics such as Marketing, Social Media, Cellar Training along with online training including Food Hygiene, Health & Safety and lots of other related courses. There is simply training available for every subject. When you take on a pub with us, your Business Development Manager will discuss your training requirements with you and identify areas where you may benefit from additional support or training.

Rents are based on open market value, Fair Maintainable Trade (FMT) and the future trading potential of the premises. This entails an assessment of the turnover and profitability that a reasonably efficient operator would be expected to achieve, taking into account the optimum trading style for the premises and making reasonable allowances for costs. This will involve estimating the trading potential rather than just adopting the actual level of trade under the existing ownership. This method of valuation is known as “the Profits Method”.

We want to empower our licensees to get on with the day to day running of the pub, as well as giving you the knowledge that you can count on us for as much (or as little) support as you need. Our team are truly passionate about community pubs and we want to do as much as we can to help you run sustainable and profitable businesses. Our support includes but isn’t limited to the following: Commercial & Marketing Support, Food Team, Licensing, Property Help Desk, Investments, Machines and Training.

Our BDMs work hard to build strong working relationships with their licensees. Your BDM is there to help you develop your pub and can support you in many different ways. From guidance around products and pricing, planning events, marketing your pub and development and training, our BDMs are empowered to make quick decisions which will help you move forward with your business.

We are continually investing in our pubs. From transformational refurbishments to small improvements where it really counts, we run an active investment programme and are committed to improving our estate of pubs. We also are fully invested in working alongside our licensees during the investment process to bring their ideas to fruition.

Admiral operates under the tenanted and leased model whereby we as the pub company own the pub and agree to rent the premises to you via a lease or tenancy agreement. Most tenancies/leases include a negotiated supply agreement covering the purchase of all drinks categories and possibly a range of other goods and services (hence the phrase ‘tied’ pubs). The level of rent you agree to pay at your pub will be dependent upon the extent of your purchasing obligations. Our rent offers are based on a Full Tie, and hence reflects the lowest rent payable. For licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee. The prices you pay for drinks purchased from Admiral are likely to be different to those on the open market. When you take on the pub your BDM will discuss rent and the tie with you.

To enter into any tenancy agreement with Admiral, you will normally have to consider the following costs:
Personal Licence fee – This is the fee for obtaining your Personal Licence which you will require if you intend to be the Designated Premises Supervisor named on the premises licence.
Fixtures and Fittings (e.g. furniture, kitchen equipment, light
fittings, carpets etc)
– These are usually valued on the day you enter the property. Whilst we prefer you to purchase the fixtures and fittings outright, there are occasions where we can provide alternative methods of purchase or may consider a rental agreement. Your BDM will discuss these options with you.
Deposit – The size of the deposit (or security bond) varies depending on the property and the commercial terms agreed but is normally the greater of a quarter’s rent or £5,000 and will be held for the duration of your agreement. In exceptional circumstances, we may allow you to pay a lower deposit and build this up over a time period.
Stock and glassware – These are purchased when you take over your pub, at an agreed valuation, from either the outgoing tenant or Admiral.
Working capital – The amount of working capital required (cash available) varies by pub, as each individual business requires different levels of funding. Your BDM will discuss this with you.
Pre Entry Awareness Training (PEAT) – This is mandatory training designed to raise awareness on the matters involved in operating a pub, from agreements, repairs and purchasing obligations. The cost of this course is £100 plus VAT.

Yes absolutely. We are always keen to encourage successful licensees to develop. Our BDMs work together with our licensees to achieve this and identify new opportunities. We also run training workshops to help you to gain the right skills, so you can take the step from running just one business to expanding with a second pub.

Admiral Taverns accept payment by Direct Debit or Open Banking (Pay by Link) only. Our Business Development Managers will discuss which method is most appropriate for you during the application process.

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