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GUARANTEED RETAINED ANNUAL SUM

Hanwell Arms

Rotary Way, Banbury, Oxfordshire, OX16 1ER

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

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Beer Garden

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External Drinking Area

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Car Park

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Restaurant/Dining

Property details

The Hanwell Arms is a traditional community pub with great growth potential.

With a spacious bar, dining areas, and a large beer garden, this site offers plenty of scope for the right operator to put their stamp on it. As you enter the pub to the left, you have a spacious bar with a pool table and dart boards. To the right is the dining area with excellent potential to grow the food offer.

Externally, there is a large beer garden and a car park.

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

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Catering Kitchen

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Team Games

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Pool Area

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Live Entertainment

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Experienced Operator

Trading style

A fantastic opportunity has arisen to take the helm of The Hanwell Arms – a much-loved pub in the heart of Banbury.

The landlords are looking for an experienced community operator, ideally and local area knowledge would be an advantage in supporting the growth of the business.

Key financials

Reference Number: PSCFKB / 39733
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware that energy performance certificates are available from the landlord.

Currently averaging £9,000 per week with an 80/20 split wet to dry.

What’s in it for you?

22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
Low ingoing costs, deposits starting from £5,000, and £360 legal costs. (*deposits can vary depending on business*)
Accommodation included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

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MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.