Guaranteed Retained Annual Sum

Spread Eagle

Great Oakley, Corby, Northamptonshire, NN18 8HW

Ingoing Cost: £5,360

Annual Rent: N/A

Beer Garden

External Drinking Area

Car Park

Restaurant/Dining

Property details

The Spread Eagle is situated in the Great Oakley area of Corby. With only being 15 mins from Corby town centre and 9 schools within 2 miles of the pub, there are all the local amenities on the doorstep.

Through the main entrance, you will see the main L-shaped bar, which serves the whole pub. With lots of covers in different zones this makes the pub a good layout for food bookings, private parties, and small functions.

The pub has a nice large external garden space with lots of covers so plenty of places for customers to sit in the summer.

The private accommodation consists of three bedrooms, a lounge, an office, a kitchen, and a bathroom.

Catering Kitchen

Live Entertainment

Trading style

This is a large pub that would ideally suit a couple or strong single operator with food experience, passionate about driving a fast paced business.

The Spread Eagle has a broad range of customer profiles, from foodie customers at lunchtime, to the after-work drinkers, families, and customers who just want to use the pub for a drink at weekends. The pub has a good footprint to host lots of different types of events, function spaces that can be used for bookable activities- there is a lot of potential at this site.

Key financials

Reference Number: 37107
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360
Annual Rent: N/A

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware that energy performance certificates are available from the landlord.

The pub is currently averaging £10,000 per week in sales with a 60/40 wet to dry sales mix.

What’s in it for you?

26% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £35K (released weekly)
Incentive bonuses based on business performance and standard audits.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs.
Accommodation included with most bills covered, except the council tax & TV Licence

TOTAL INGOING £5,360

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