Beer Garden
External Drinking Area
Car Park
Property details
The Old Oak is a delightful, longstanding wet-led pub acting as the hub of the community and a home away from home, and is located in the small village of Longridge on the edge of the beautiful Ribble Valley. The Demographics report shows that within a 10-minute walk time, there are some 1,619 Adults who are 18 plus, and within a 20-minute walk time that number increases to 4,960. Situated on the fork of Preston Road leading into Longridge, the pub attracts an abundance of guests of all ages, participating in a game of pool, and darts, or watching the huge screen TV showing all the major sporting events daily.
A constantly refreshed series of Cask Ale pumps line the bar for the real ale enthusiast while Birra Morretti provides the lager lovers with something a little extra. More refined and ice-cold world bottle beers further your options. The wine list introduces new world wines to your palette - like New Zealand Sauvignon Blancs and Argentine Malbecs alongside the more familiar Pinot Grigios and Chilean Merlots. The drinks selection is completed by their wide range of Spirits along with a broad range of Soft Drinks, Ciders, Lagers, and Beer. However, the pub is most famous for the perfect pint of Cask Ale.
The pub has benefited recently from an internal refurbishment and hosts a fresh and spacious interior with parking available directly in front of the pub for all visitors.
The pub's atmosphere is very inviting, and they offer a warm and friendly welcome to all customers, both young and old, including man's best friend, and their beloved dogs, making it a great place for everyone. This is a one-bar operation with comfortable seating throughout. For additional entertainment, there is a pool table and dartboard. An additional income stream is provided via Gaming Machines.
Externally the Old Oak caters to all events and boats its own private beer garden to the side of the property.
The private accommodation consists of two bedrooms, a lounge, a kitchen, and a bathroom.
Cask Ale
Team Games
Pool Area
Live Sports
Trading style
The Old Oak has become a favourite meeting place over many years and is a very relaxed pub in the town of Longridge and is undoubtedly one of the most popular for miles around. Primarily a sports-led pub and would suit a keen operator with a good knowledge of the local area, the community, and the locals.
This is a place where the landlord knows your name and your regular tipple, and even your dog's favourite biscuit treat. This is why the success of this pub will continue to grow from strength to strength and will suit the right Operator who wishes to drive this well-established business and who possesses the ambition along with the strong backing and support from one of the UK's leading pub companies.
The landlords are seeking an enthusiastic and creative operator to take on the Old Oak Longridge. With your knowledge of the local area, ambitious attitude, and passion for service you will grow your business in partnership with the landlords.
Key financials
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Reference Number:
8M9JTW / 0060351101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£68,059.00
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Annual Rent:
£43,235.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £43,235
Estimated Annual Turnover £640,051
Deposit £10,809
Estimated Fixtures & Fittings Value £45,750
Estimated Stock Valuation £8,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £68,059
Estimated Minimum Ingoing Costs £68,059
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.