The Wykham Arms, Sibford Gower, Banbury, OX15 5RX
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Pub for sale
Key features
- Charming 17th century country pub
- Private Free of Tie Lease
- Cosy and well decorated interior
- Historic Pub on c. 0.5 acre plot
- 3 Bed Managers Accommodation
- Beer garden and side garden | EPC rating C
- Christie & Co Ref: 3858281
Description
The Wykham Arms exudes charm and character, in keeping with the aesthetics of the Cotswolds. The interior decor is to an excellent standard offering a turnkey opportunity for a new tenant, with features such as wooden beams, log fire, exposed brick and stone floors. The extended part of the pub is built over an historic well, with a glass covering creating a stunning center piece near the bar.
The Wykham Arms is a wonderfully presented pub, ready for a new occupant to continue the trade from its current custodians.
The Wykham Arms is nestled in the beautiful village of Sibford Gower, north Oxfordshire, an area rich in history and natural beauty. The inn was originally part of William of Wykham's estate, with the pub carrying his family's name. The location benefits from a local population and attracts visitors who appreciate its historical significance and scenic surroundings.
Sibford Gower is located around 6.5 miles west of Banbury, and close to popular villages such as Chipping Norton. The village is easily accessible from the M40 (c. 20 mins) and the historic Fosse Way (c.15 mins). Average House Prices in OX15 is c. £492,000
Local attractions to the area include Silverstone Race Circuit, Bicester Shopping village, Diddly Squat Farm Shop and numerous National Trust sites.
The pub boasts 2 entrances, one from the car park and one from the main street. The ground floor contains a welcoming central bar servery with triple aspect, serving 2 bar areas and one of the dining areas. The smaller of the bar areas has an original fireplace and the larger forms part of the rear extension of the pub. 2 larger dining areas make up the majority of the 70 internal covers with flexible layouts depending on requirements.
The kitchen is located to the rear of the pub, with a separate prep room and walk-in fridge. The customer toilets are located near the front of the pub. Access to the owner’s accommodation is located through a centrally located stairwell
The fixtures and fittings are included within the leasehold sale.
External DetailsExternally, the pub sits on a 0.5 acre plot, benefitting from a well-sized car park, a south facing beer garden offering an additional 40 external covers and a small rear woodland that can be utilised for events.
There is an opportunity to position shepherd huts within the woodlands, subject to reinstating the lapsed planning permission, which could bring additional income from holiday accommodation.
Above the pub, the owner's accommodation comprises a comfortable lounge, a well-equipped kitchen, three double bedrooms, one with ensuite, and a separate bathroom, providing a convenient and homely living space.
The OpportunityThe Wykham Arms has a supportive local community, offering a strong and stable customer base, with a current offering of good quality fresh food and quality beers. The pub has been lovingly cared for by the current tenants and the generously sized pub will be perfect for an experienced operator to continue and grow its existing trade.
The opportunity to take on a private “free of tie” lease, allows operators to truly stamp their own mark on the pubs history. Additional opportunities include hosting events across the large plot and woodlands, as well as look into re-activating lapsed planning for the shepherd huts STPP
The pub currently shuts on Monday and Tuesdays due to owner lifestyle choices and is shut mid-afternoons during the week.
Turnover to year end March 2024 - £400,350
EBITDA to year end March 2024 - £94,595
More trading information can be made available pending suitable requests.
Monday Closed
Tuesday Closed
Wednesday 12noon - 2:30 pm, 6.00pm - 10.00pm
Thursday 12noon - 2:30 pm, 6.00pm - 10.00pm
Friday 12noon - 2:30 pm, 6.00pm - 11.00pm
Saturday 12noon - 11.00pm
Sunday 12noon - 6.00pm
Private Free of tie Lease
TenancyA new 20 year tenancy commenced in 2024, at a rent of £37,500 pa with 19 years remaining
Business RatesThe 2023 Rateable Value has been assessed at £8,200. This is the rateable value for the property, not the amount payable in business rates or rent. The local council uses the rateable value to calculate the business rates bill.
RegulatoryWe understand the premises are fully licensed and free of tie.
Brochures
The Wykham Arms, Sibford Gower, Banbury, OX15 5RX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Banbury Station7.0 miles
Notes
Disclaimer - Property reference 3858281-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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