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The Wykham Arms, Sibford Gower, Banbury, OX15 5RX

£165,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

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

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.

Location

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.

Internal Details

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

Fixtures & Fittings

The fixtures and fittings are included within the leasehold sale.

External Details

Externally, 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.

Owner's 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 Opportunity

The 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.

Trading Information

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.

Trading Hours

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

Tenure

Private Free of tie Lease

Tenancy

A new 20 year tenancy commenced in 2024, at a rent of £37,500 pa with 19 years remaining

Business Rates

The 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.

Regulatory

We 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

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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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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