Gallery View
Key Highlights
- Stunning village pub with a fantastic reputation for quality food and service
- Single bar operation with 80 internal and 50 external covers
- Attractive rear garden with delightful decking area
- Ample parking and storage areas
- Private accommodation including staff bedsit
- Payment plan available for fixtures and fittings
Pub Overview
Bounded on three sides by the Great River Ouse in the heart of the pretty village of Oakley, this 16th-century inn is surrounded by beautiful countryside but only a short drive from Bedford. Its county-wide reputation for excellent food is entirely warranted, and will allow a new operator to build on this momentum while lending their own touch to the pub.
The large main dining area is complemented by several cosy snug areas; a beautiful conservatory overlooks the sizeable garden and provides an ideal space for private dining, while also functioning as a picturesque meeting room for the many local interest groups who frequent the pub. Whether dining, drinking or socialising is the order of the day, the Bedford Arms has something to delight everyone who chooses to visit.
Suitable Applicants
The Bedford Arms would be an ideal business for an experienced food operator or couple, someone ready to hit the ground running and build on the pub’s already strong reputation for superb food. Strong marketing skills are a must, as is the desire to become a key member of the Oakley village community.
Financial Overview
ANTICIPATED INVESTMENT REQUIRED
We estimate the Investment required for this pub would be as follows:
APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings |
£30,700 |
Security Deposit Payable in advance to Wells to cover charges incurred by your business - trading as a Ltd Co |
£12,750 |
Training Course Fees Per person (payable to Wells & Co. Ltd) 5 day induction course mandatory for all licensees – NB £800 for two people |
£500 |
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement |
£400 |
Working Capital Minimum working capital required |
£8,000 |
Stock & Glassware In the region of to cover the value of opening stock |
£4,000 |
Valuers Fee In the region of (paid to valuer) for valuing fixtures and fittings. |
£800 |
Advanced Rent In the region of (usually 1 month) |
£4,250 |
Fixtures & Fittings Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est) |
£30,000 |
ANTICIPATED RETAINED INCOME
Drink Sales FMT |
|
Food Sales FMT |
|
Accommodation FMT |
|
FMT = Fair Maintainable Trade |
Ongoing Costs
Service Charge Payable monthly, to include: Cellar cooling service, Extract clean, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). Electrical Test (tenancies only) |
£3,799 pa |
Accountancy Services Fees for a nominated accountant (in the region of) |
£325.41 pm |
Stocktaking Services Six professional stocktakes per annum recommended |
£80 each |
Rent In the region of (payable monthly in advance) |
£51,000 pa |
Pub Details
Could this be the pub for you?
Please ring 01234 244453 to speak with our recruitment team.