Royal Oak Ifield
Summary
The Royal Oak, Ifield is a traditional community pub, in an affluent suburb of Crawley. This large, two bar pub has a strong traditional food offering and has long been the home for local tradesmen and retired residents.
Description
The Royal Oak, Ifield is a traditional community pub, in an affluent suburb of Crawley. This large, two bar pub has a strong traditional food offering and has long been the home for local tradesmen and retired residents. The rear bar and lounge area offer comfortable dining for over 40 covers and SKY and BT sports are featured throughout. The pub also benefits from a well-maintained beer garden, with raised decking and a covered barbeque area, perfect for the summer months. The Royal Oak’s scope and location provides opportunity to draw in customers from further afield as well as from the Gatwick travel trade.
Key Features
• Separate dining area with space for 40 covers
• Well-maintained beer garden with a covered barbeque area
• Three-bedroom private accommodation
• Wet led popular neighbourhood community pub
• Prime position in a vibrant busy community
Business & Financial Information
• Estimated ingoings (upfront): £8,045
• Full deposit: £7,250
• Agreement fee: £795
• Guide rent (weekly): £558
• Guide rent (annual): £29,000
• Forecast turnover (weekly): £526,500
• Forecast turnover (annual): £526,499
Ideal Operator
We are seeking an operator which can be a first time venture, who is big on community, sports and events and has the vision to develop this already great pub with all its features and maximise its potential and appeal even more to the local residents.
Private Accommodation
Self-contained private accommodation comprising three bedrooms, a lounge and kitchen that could support a small family.
Regional Manager's Thoughts
The Royal Oak is a community pub, with a previous strong traditional food offering that benefits from both Gatwick and Crawley catchments. The Royal Oak would suit a well-rounded operator who can maintain and develop all aspects of this business, catering to all members of the community, whilst also broadening its customer base to accommodate the passing travel trade.
Surrounding Area
Ifield is an affluent residential suburb situated between Crawley and Gatwick, deriving trade from both areas. The pub sits towards the north of the suburb and is surrounded by residential properties, with a number of shops, churches and other amenities close by. Ifield station has regular trains running to both London Victoria and Horsham, and Gatwick airport is six miles away.
Upfront cost
£8,045
Cost type:
Upfront
Key facts
Upfront cost
£8,045
Turnover (annual)
£526,499
Rent
£29,000 (annual)
Location
Ifield Green, Crawley, West Sussex RH11 0ND
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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