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Beer Garden
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External Drinking Area
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Car Park
Property details
The Royal Oak is located in the village of Paull which lies 6 miles south-east of the city of Hull. The pub boasts a doorstep view of the Humber Estuary as it sits on its North bank. The village is a very popular destination with walkers and cyclists due to its picturesque and accessible paths along the Humber Estuary, Fort Paull Museum & Armoury, and nearby 18th Century Paull Lighthouse.
The Royal Oak is a traditional two-storey mid-terraced building. The ground floor offers a focal point central bar area and three good-sized rooms, including a games room and lounge area with a mix of fixed and loose furniture. The well-equipped commercial kitchen is easily accessible from the bar area and is in good condition.
Externally the pub benefits from a two-tiered beer garden to the rear with a charming view over the estuary. Opposite the pub, there is a small car park offering off-street parking for customers.
The private accommodation is on the first floor, is in good order and consists of four bedrooms, a large lounge, kitchen, family bathroom and small office.
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Cask Ale
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Catering Kitchen
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Live Entertainment
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Experienced Operator
Trading style
The Royal Oak currently trades as a traditional, drinks-focused community pub, with the potential for a new licensee (s) to add additional revenue streams by developing the food offering. Engaging with local community events would be beneficial to any potential licensee, as would supporting existing pub sports teams. The village provides an established regular trade, which can be built during the warmer months by attracting visitors to the local attractions.
The ideal licensee (s) would have some experience in running a community pub and must be prepared to build on the strong existing ties with the local community. As the pub is located on the banks of the estuary potential licensee (s) should be prepared to develop the food offer, and ideally consider making this pub a pet-friendly destination dining venue to appeal to the walkers who regularly visit the area. A strong business plan and sound marketing skills are important to ensure consistent year-round trade.
Key financials
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Reference Number:
IU3WDL / P04560
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£7,000.00
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Annual Rent:
£11,500.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £11,500 – Rent steps available
Stepped Rent Agreed:
- 2 months at £1 per week
- 2 months at £115 per week
Security Deposit: £2,000 – build up to £5,000
Working Capital: £2,000
Stock: £3,000
F&F: TBC – funding options may be available for the right licensee.