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Cherwell Banbury

Pubs & Bars • 63-67 Broad Street, Banbury, Oxfordshire OX16 5BL Management opportunity
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Summary

The Cherwell in Banbury is a fantastic business opportunity with everything you need to make it a success!

Description

This vibrant and spacious pub offers 140 covers across a variety of seating areas – from cosy booths to high-top tables, catering to both intimate gatherings and lively group get-togethers. With bright, inviting interiors and a fully equipped catering kitchen, including an established dark kitchen offer, The Cherwell is primed for a passionate operator to bring their vision to life. Entertainment is at the heart of The Cherwell, boasting two full-sized pool tables, a dartboard, and a packed calendar of events – from live music and quiz nights to Sky & TNT sports and themed evenings. Plus, with a pavement license for 52 outdoor seats, guests can soak up the atmosphere while enjoying food and drinks in the fresh air. What truly sets The Cherwell apart is its deep-rooted connection to the local community. From supporting charities to sponsoring local events, this pub is a well-loved hub for Banbury residents. Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Cask Marque and Real Ale. • Sky and TNT Sport across multiple screens. • Live Music and mid-week entertainment. • Well-equipped kitchen to deliver a great food offer. Business & Financial Information • Estimated ingoings (upfront): £5,500 • Full deposit: £5,500 • Guide rent (weekly): £423 • Guide rent (annual): £22,000 • Forecast turnover (weekly): £536,879 • Forecast turnover (annual): £536,878 Ideal Operator To make this a success you will need to be successful in the hospitality industry, proven experience and a passion for providing exceptional customer service are valuable qualities. Being creative and agile in your offerings is essential to cater to customer preferences and stay current with market trends. It's important to create a memorable experience for every guest to ensure their satisfaction and foster a loyal customer base. Knowing food and beverage operations is crucial in running a successful pub like the Cherwell. Private Accommodation The private accommodation comprises of two bedrooms, one lounge, a kitchen and a bathroom. Regional Manager's Thoughts Becoming a Pub Partner at The Cherwell is indeed an exciting venture. Stonegate Group is extending this opportunity to their Pub Partners tenanted division, allowing a successful publican to leave their mark on this popular Highstreet pub. The Cherwell is well-equipped and well-maintained, providing the ideal platform for the new Pub Partner to take it to new heights. The Pub Partner needs to work well under pressure while maintaining a vibrant atmosphere to create a lively and enjoyable environment for guests. With the right skills and dedication, the new publican at The Cherwell can thrive in this exciting Highstreet Tenancy opportunity. Surrounding Area This Cherwell is a central location in the heart of Banbury, a historic market town situated on the River Cherwell in Oxfordshire. Offering easy access to all the amenities and attractions the town has to offer, from shopping centres to restaurants, entertainment venues to parks. The pub is in the heart of Banbury, making it easily accessible to both locals and visitors. Its central location makes it a popular choice for social gatherings and after-work drinks.

Upfront cost

£5,500
Cost type: Upfront

Key facts

Upfront cost
£5,500
Turnover (annual)
£536,878
Rent
£22,000 (annual)

Location

63-67 Broad Street, Banbury, Oxfordshire OX16 5BL
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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