Royal Oak Failsworth
Summary
**We are offering a low ingoings deal for this site!**…
Description
**We are offering a low ingoings deal for this site!**
The Royal Oak stands on the main road between Manchester and Oldham in Failsworth town centre. The licensed area has a central bar serving three distinct drinking/dining areas. The pub has benefitted from pool/darts teams and entertainment in the past. However, a new exciting concept for this outlet is to turn this once wet led pub into a thriving restaurant in the heart of Failsworth, something this area is really lacking.
The Royal Oak requires a hands on retailer to develop the wet and food trade. It offers an opportunity to start up a business in the centre of town in a quality outlet viewing is absolutely essential.
The pub is traditionally decorated and offers a cosy and comfortable environment to enjoy both drinks and food. The spacious trade area comprises of a central L shaped bar, comfortable lounge and an informal restaurant area all of which include a variety of fixed and loose furniture. There is seating for over 70 people and can easily accommodate many more standing. The fully equipped trade kitchen is of suitable size to develop the existing food offer.
To the rear of the pub is an there is a beer garden which requires a Publican's personal touch but this is a blank canvas to create that wonderful garden from your garden, with bench seating which is a great space during the warmer months.
To the front of the pub is a small seating area with enough seating for around 12 people. The pub benefits from its own car park that has space for 20 vehicles.
Key Features
• The key features of the Royal Oak in Failsworth is the autonomy that is granted to an incomng Publican to create their own design with the assistance of Stonegate. This can be achieved in small steps initially but overtime there is a great opportunity to create a really profitable business.
• The Pub has a decent sized trading area where between to 60-70 covers can be completed in one sitting. There is also the opportunity to establish a good external eating and drinking area to the front and the rear. The bar sits in the middle of the outlet and can be seen from all areas of the pub which allows customers to constantly view what drinks are on offer. There is great lighting inside and the pub is already finsished to a great standard.
Business & Financial Information
• Estimated ingoings (upfront): £3,295
• Full deposit: £2,500
• Agreement fee: £795
• Guide rent (weekly): £192
• Guide rent (annual): £10,000
• Forecast turnover (weekly): £225,397
• Forecast turnover (annual): £225,396
Ideal Operator
Ideal operator
An ideal operator for a food-led pub should possess a combination of culinary expertise, business acumen, and strong customer service skills. Key qualities include:
1. Culinary Skills: A solid background in food preparation, menu development, and knowledge of culinary trends to deliver high-quality and appealing dishes.
2. Business Acumen: Strong management skills, including budgeting, inventory control, and cost management, are crucial for the financial success of a food-led pub.
3. Customer Focus: An understanding of customer preferences and the ability to create a welcoming environment that encourages repeat business.
4. Adaptability: The ability to adapt to changing market trends, customer demands, and industry developments is crucial in the competitive food and beverage sector.
5. Leadership: Effective leadership skills to manage kitchen and front-of-house staff, fostering a positive work environment and ensuring smooth operations.
6. Marketing Skills: The capability to market the pub effectively, using various channels to attract customers and promote special events or menu offerings.
7. Compliance Knowledge: Awareness of food safety regulations, licensing laws, and other legal requirements to ensure the pub operates within the bounds of the law.
8. Passion for Hospitality: A genuine passion for the hospitality industry and a commitment to providing an excellent dining experience for patrons.
Combining these qualities will help ensure the success of a food-led pub, creating a well-rounded operator capable of navigating the challenges of the business
Private Accommodation
There are four decent sized bedrooms upstairs with a kitchen and living room, there is also an office for the Publican. This has all bee recently refurbished with brand new carpets. The private accomodation is spcious, cosy, warm and from upstairs you can view all corners of the pub and surrounding area. The kitchen is furnished but all other rooms are unfurnished.
Regional Manager's Thoughts
This is a business that has had a chequered past, I have fully supported the new concept idea of turning this once wet led outlet into a fully fledged restaurant and the feedback from the area is one that the general public has been asking for for sometime. The pub requires time and effort but there is a great business here that will support the local area as well as provide great food and drink for years to come.
Surrounding Area
Failsworth is a town located within the Metropolitan Borough of Oldham, Greater Manchester, England. It has a rich industrial history, primarily known for its cotton mills during the 19th century. Today, Failsworth is a residential area with various amenities and local attractions. The area has a mix of housing, parks, and schools, contributing to its community-oriented atmosphere.
Upfront cost
£3,295
Cost type:
Upfront
Key facts
Upfront cost
£3,295
Turnover (annual)
£225,396
Rent
£10,000 (annual)
Location
496 Oldham Road, Manchester, Greater Manchester M35 0EH
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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