We’re on the hunt for tenants for the Wolvercote in Oxford. This is a wonderful prospect to build on what is already a well-established business with a fantastic reputation.
This popular family pub is now available, offering the opportunity to run your own food offer alongside an established strong drinks trade.
The Wolvercote is perfectly situated on the outskirts of town close to a popular hotel and golf course and is popular with tourists and locals alike. This is a great prospect for a licensee who is passionate about their local community. The site currently takes on average £10,000 – £15,000 per week with 60/40 wet led split, but has the potential to achieve higher per week by targeting extra food and drinks sales.
We are looking for a licensee/s who can build strong links within the local community and has the drive to boost sales and drive the Wolvercote to reach its’ full potential.
What’s in it for you?
- Keep 100% of the business’ profits.
- Put together your own menus and choose your own food.
- Keep 50% of profits from any gaming machines.
Financials
FMT – £643,000
Ingoing Costs
Security Deposit – £10,250
Working Capital – £10,000
Estimated Stock & Glassware – £5000
Legal Fees – £360
Total Ingoing Costs – £25,610
Ongoing Costs
Rent – £41,000 per annum
Service Charge – £1350
Decorating Fund – £2000
Insurance – £3600
Total Ongoing Costs – £47,950
If this is not the pub for you do you know someone who is? If so, let us know using our Refer a Friend scheme and if successful in being placed in the pub we will give you a £1,000! (Terms & conditions apply).