FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Smoking Solution
Property details
Watchfield is a rapidly expanding, picturesque village in the beautiful Vale of the White Horse on the busy A420, Swindon to Oxford road. Watchfield is home to the bustling and affluent Shrivenham 100 business park as well as the residential training facility for the UK Defence Academy. Surrounded by natural history, rolling hills, great walks and loads to see and do for explorers, walkers and photographers, Watchfield is only eight miles north East of Swindon Town centre. Multiple new affluent housing developments are underway in the local vicinity, making the Eagle a gem of a business with scope to grow and develop a traditional pub in the heart of the community.
As you walk through the front door of the Eagle, the well-stocked, centrally located bar provides a warm welcome as the 2 zoned bar areas stretch out on either side. To the left, there is a traditional public bar area, which currently hosts a pool table and a darts board, which could easily be moved around to host live music and various other events. To the right, there are low-level tables, chairs and sofas providing a more relaxed atmosphere with an open fire and cosy feel. To the rear of the bar, there is a well-equipped galley kitchen, capable of hosting a traditional 7-day, pub food offer.
Doors lead out into a beautiful and enclosed sun trap, courtyard with outside seating and well-tended gardens. As the building extends down to the right, there is another area that can be used for additional seating, dining, events and more. There is ample on-street parking located around the property.
The private accommodation consists of three bedrooms, an office, a living room, a kitchen and a bathroom, all in good order.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Live Entertainment
Trading style
A traditional community pub serving a good range of cask ale and draught products alongside a varied selection of wines, spirits, and soft drinks. Being at the heart of this small community, there is a well-thought-out entertainment and events programme that caters to all. The Eagle is currently trading as a wet-only business; however, it has the capability to incorporate a good, community-focused food offer.
The landlords are looking for a licensee who is passionate, has great retail standards, and loves community life. The ideal tenant will put their own stamp on the business and establish themselves within the local community by developing an exciting and compelling food offer and attracting locals, as well as those from the wider community, such as the local business park and the military training academy. There is an opportunity to premiumise the wine, spirits, and craft beers as well as expand the business and increase footfall by opening all day and introducing a quality food, cake, and bakery offer. With the absence of a bakery or cafe in the village, there is a huge opportunity to maximise on this potential additional income stream. The new tenant would ideally also be proficient and competent in using social media and local marketing to further drive the business forwards.
Key financials
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Reference Number:
IU3WDL / P02574
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£7,000.00
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Annual Rent:
£14,000.00
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.
Annual Rent: £14,000
Security Deposit: Initial deposit of £3,000, building up to £5,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £2,000
Stock: £2,000
F&F: Upon valuation, funding options may be available for the right licensee.