The Banbury Cross – Banbury
Pub Details
Butchers Row, Banbury, OX16 5JH
Community Wet
£20,000
About the Pub
Boasting a prime location in Banbury town centre just a few hundred yards from the iconic cross from which it derives its name, this delightful pub is ideally situated to profit from both visitors and the sizeable population on its doorstep. Currently the pub shows live sports, and music entertainment is lined up every weekend consisting of live bands, discos and karaoke late into the night, or if you prefer you can just pop in for a game of pool or darts and a great pint.
Key Highlights
18th century traditional pub, right in the heart of the beautiful Oxfordshire market town
Prominent town centre location
Large attractive patio, part covered with seating and stage area
Known for sports and live music with separate function room
Domestic accommodation consists of 4 bedrooms, lounge, kitchen, bathroom, separate WC, plus two attic rooms
Financial Overview
Security Deposit
Payable in advance to Wells to cover charges incurred by your business – trading as a Ltd Co£5,000
Administration Fee
In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement£400
Working Capital
Minimum working capital requiredTBC
Stock & Glassware
In the region of to cover the value of opening stock£5000
Valuers Fee
In the region of (paid to valuer) for valuing fixtures and fittings£850
Advanced Rent
In the region of 1 weeks rent£0
Fixtures & Fittings
Estimated valuation to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment (£ est)TBC
Anticipated Retained Income
Food / Drink Split
10% / 90%
Ongoing Costs
Service Charge
Suitable applicants will need to possess the creativity and drive to progress the pubs already established and strong offer in a competitive marketplace. Experience of working in a busy town centre pub with solid commercial and financial skills are key for a thriving business of this size.
£70 p/w
Accountancy Services
Fees for a nominated accountant (in the region of)£99 p/w
Stocktaking Services
Six professional stocktakes per annum recommended£30 p/w
Rent
In the region of (payable weekly in advance) 3-Months FREE!!£425 p/w
It all starts with a vision.
We'll help you make it a reality.
From the minute you click apply, our team are there to give you all the right guidance and support, even long after you get the keys to your pub.
If you’re passionate, willing to learn and have a strong desire to serve your community, you’re definitely in the right place.
Click ‘Get Started’ to get the ball rolling.
We'll give you the support
you need to succeed.
Choose from the following support options below. Or, if you need to contact us directly, click here.
Monday Drop In
Want to learn more about what it takes to thrive as a Wells & Co. pub partner? Our RDMs are at Brewpoint every Monday, and they’re ready to chat!
1 to 1 with an RDM
Curious about running your own pub? Our Retail Development Managers are here to help. Whether you’d prefer to call, email, or meet in person, they’re ready to chat.
Support & Training
All the support, development you need, provided by best in class providers. We’ll help you get all the licenses & training you need to succeed.
Your dream pub could be waiting for you...
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