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COMMUNITY SITE

Royal Oak

Chichester Road, Bognor Regis, West Sussex, PO21 5JF

Ingoing Cost: £11,600
Annual Rent: £37,202

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Car Park

Property details

The Royal Oak is in the town of North Bersted, within Bognor Regis, about a mile from the sea front. The pub is surrounded by roads. The pub benefits from being one of two pubs found in an area of around 5,379 adults. The customer base is made up of mostly mid-life to older customers of medium affluence.

Trading Area & Facilities:

Main trading area with bar
40 internal covers
Small catering kitchen
HEINEKEN SmartDispense
Small courtyard garden with four benches
Car park with 30 spaces

The private accommodation consists of two bedrooms and a lounge.

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Catering Kitchen

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Team Games

Trading style

The potential of this pub lies in maintaining it’s strong wet let trade, and community spirit. There is room to develop the food offer. The site is well-connected to local dart and rugby teams and is involved in charity events for the community.

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 community-led pub business. They will have a clear vision for their food & drinks menu and be actively involved in community events, creating a memorable experience for their customers and community as a whole.

Key financials

Reference Number: 8M9JTW / 2302037101
Agreement Type: Tenancy

Min Ingoing Cost: £11,600.00
Annual Rent: £37,202.00

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 £37,202
Estimated Annual Turnover £407,287
Deposit £9,301
Estimated Fixtures & Fittings Value £14,000
Estimated Stock Valuation £5,000
Estimated Working Capital £3,500

Estimated Total Ingoing Costs £31,801
Estimated Minimum Ingoing Costs £11,600

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.

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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.