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Beer Garden
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External Drinking Area
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Function Room
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Smoking Solution
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Letting Rooms
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Car Park
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Restaurant/Dining
Property details
The Angler is situated on Mill Street in the heart of the attractive market town of Oakham. Oakham is the county town of Rutland in the East Midlands, which is consistently voted one of the most desirable rural places to live in the country, and lies just to the west of Rutland Water, one of the largest man-made lakes in Europe. The town lies 25 miles east of Leicester, 28 miles south-east of Nottingham, and 23 miles west of Peterborough. The pub is surrounded by mixed housing.
The pub benefits from being one of 6 pubs found in an area of around 3,000 adults. The eclectic customer base is made up of a broad range of consumers reflecting the surrounding community.
Trading Area & Facilities:
- Open plan trading area with bar
- Small separate dining room
- 80 internal covers
- Open Plan Kitchen
- Function room
- Smart Dispense
- 8 letting rooms
- Small courtyard
- Car park with 6 spaces
The private accommodation consists of three bedrooms, a living room, a small kitchenette and bathroom.
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Catering Kitchen
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Experienced Operator
Trading style
This established multiple-income-stream business is a unique and rare opportunity, perfect for an experienced and ambitious operator looking for their next challenge.
The site currently has the ability to drive trade via multiple avenues, retailing from dining to letting B&B rooms.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a hospitality business. They will have a clear vision for their Food, Drinks, and Marketing and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 2303467101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£12,685.00
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Annual Rent:
£26,221.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual:
Estimated Annual Turnover £296,827
Annual Rent £26,221
Entry Costs:
Deposit** Deposit build-up from 1 month's rent £6,555**
Estimated Fixtures & Fittings Value** Rented fixtures & fittings deal available £33,530**
Stock Valuation £7,000
Working Capital Required £3,500
Indicative entry costs range from** £12,685 - £50,585
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.