Royal Oak Caterham

The Royal Oak is located on a corner plot at the end of the High Street, it’s a five-minute walk from Caterham Town Centre and train station.

The Royal Oak is located on a corner plot at the end of the High Street, it’s a five-minute walk from Caterham Town Centre and train station. This property is a very local business in the heart of the community which benefits from darts, TV sports and local clubs which meet regularly at the pub for a drink. The property is traditional in style and comprises of two rooms, one main bar at the front or the pub and a rear bar, both of which have their own serveries and have a comfortable, cosy feel with up to 30 covers. The second bar has darts facilities and television screens and is well used by local darts teams. This space could also be versatile as a small function room, used for private hire with potential to develop this further. The Royal Oak also boasts a fully equipped trade kitchen, presenting an opportunity for the new publican to develop a food offering and bring in extra revenue. To the rear of the building is a patio garden with benches, ideal for extra trade during the warmer months.  Key Features • Ideally positioned community pubTrade kitchen perfect for developing a food offerSports and games, popular with the local communityThree-bedroom private accommodation ideal for a familyDiscounts of up £140 per barrel with an average of £120 per barrel Business & Financial Information • Estimated ingoings (upfront): £2,670 • Full deposit: £1,875 • Agreement fee: £795 • Guide rent (weekly): £144 • Guide rent (annual): £7,500 • Forecast turnover (weekly): £256,778 • Forecast turnover (annual): £256,777 Ideal Operator Stonegate Pub Partners are seeking a new starter or experience publican to take on this community pub and develop the existing trade. Private Accommodation The private accommodation consists of three-bedrooms and a lounge, ideal for a family and in good decorative order.  Regional Manager's Thoughts This is the perfect first-time pub for a new starter or experienced publican seeking a comfortable community house. There are plenty of opportunities to develop the existing custom through increased use of the rear bar and function room or by reintroducing a food offering to complement the wet trade. Surrounding Area Caterham is a reasonably affluent area, located on the edge of the Green Belt close to the A22, 21 miles from Guildford and 15 miles south of London. Due to its close proximity to London, it is predominantly a commuter town and has plenty of housing of all types.