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Railway Inn Oakham

Pubs & Bars • Station Road, Oakham, Rutland LE15 6QU Management opportunity
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Summary

The Railway Inn is an established, traditional community pub, located across from the Railway station in the Rutland town of Oakham.

Description

The Railway Inn is an established, traditional community pub, located across from the Railway station in the Rutland town of Oakham. This pub offers a superb opportunity to a publican who is looking to maximise the business with the benefits of good-sized trading areas and multiple revenue streams. The lounge bar, which is utilised as a games room, is traditionally furnished with loose tables and chairs, a pool table and juke box. The main bar has television screens for sports viewing and patio doors that lead out to the outside drinking area. The trade kitchen is of a good size and capable of supporting a good food offer, whilst the function room with its own bar servery offers considerable scope to accommodate a variety of events, hosting up to 70 covers. The outdoor trading area consists of a cosy, courtyard area with space for several picnic benches, the ideal space for a drink during the hotter months.  Key Features • Large pub at the heart of its community70 cover function room, ideal for eventsTrade kitchen to support good food offerThree bedroomed private quarters, ideal for a familyDiscounts of up £220 per barrel with an average of £180 per barrel Business & Financial Information • Estimated ingoings (upfront): £7,295 • Full deposit: £6,500 • Agreement fee: £795 • Guide rent (weekly): £500 • Guide rent (annual): £26,000 • Forecast turnover (weekly): £332,201 • Forecast turnover (annual): £332,201 Ideal Operator Stonegate Pub Partners are seeking a publican or couple who recognises the potential of this pub business and values the importance of community. Private Accommodation The private accommodation on the first floor comprises of 3 bedrooms, lounge, large kitchen, bathroom and separate WC. Regional Manager's Thoughts The Railway Inn sits at the heart of its community and is a great all-rounder, offering entertainment and sport. The new publican will need to continue to build on the current trade and maintain a good relationship with the local community. This pub would make an ideal family business venture and good local knowledge would be advantageous. Surrounding Area Oakham is the county town of Rutland in East Midlands. The town lies to the west of Rutland Water, one of the largest man-made lakes in Europe. Tourist attractions in the area include All Saints Church and Oakham Castle. The town has a variety of shops and a museum.

Upfront cost

£7,295
Cost type: Upfront

Key facts

Upfront cost
£7,295
Turnover (annual)
£332,201
Rent
£26,000 (annual)

Location

Station Road, Oakham, Rutland LE15 6QU
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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