Run A Hall & Woodhouse Pub (Tenancy) - The Ox

This Business Partnership opportunity is available from March 2025!

The Ox represents the rare opportunity of running a large scale business in the most desirable area of Poole. This pub has a large bar and dining offer with 120 covers, and the significant benefits of 14 stunning guest bedrooms and a bespoke function room with full facilities.

Highlights:

• Located in the heart of Ashley Cross, premier location in Poole
• Large site with 120 covers and a significant bar trade
• 14 stunning bedrooms, all en-suite
• Separate function room with own private bar, Ox2
• Fair Maintainable Trade* (FMT) Net Turnover: £1.075m per annum
• Investment planned

The Ox is a multi-faceted business with huge opportunity. It is an attractive building prominently situated on the main A35 which runs through Ashley Cross, and is adjacent to several bars and restaurants. Access is through the main entrance on Parr St which leads you into the centre of the large bar area with wooden floors, real fires and seating primarily within large booths. To the left is the dining area with 55 covers in a carpeted area; to the right a small dining area leading out to the covered terrace with a mix of high booths and patio tables. The decor throughout is quirky with an Asian influence and green planting. The kitchen is conveniently adjacent to the main dining area with the cellar and toilets also on the ground floor.

Leading from the bar area is the main access to the two floors of guest accommodation. The first floor has 11 large en-suite bedrooms (all doubles or twin) with a further 3 bedrooms on the second floor. The rooms are all spacious with high ceilings but will require investment to maximise the opportunity.

The third income stream is Ox 2, a standalone function room and bar with a capacity of 80 to the rear of the premise and adjacent to the small car park. This is ideal for private events with its own facilities and space over two floors.

This is a great opportunity. Could this be the pub for you?

Ashley Cross is a vibrant and contemporary area of Poole which has a village feel due to its strong community and mixture of businesses set around Ashley Cross Green. Local residents and visitors are attracted to an extensive mix of independent bars, shops, cafés and restaurants which largely appeal to a more discerning 30+ market, in comparison to the generally younger guest profile of Poole and Bournemouth town centres.

As well as being a destination in itself, Ashley Cross has a large local, residential population attracted by high quality housing, schools and the close proximity of Parkstone train station, with direct links to London. This is one of the most picturesque areas of Poole and is still only minutes away from the town centre and the beautiful Poole beaches.

To maximise income, on-site accommodation above the pub has been converted to guest letting rooms.

However, there is a self-contained bedsit to the rear of the premise consisting of a lounge, bedroom, shower and WC, with a separate kitchen area.

The business offers 14 fabulous en-suite rooms, undoubtedly making this a superb business opportunity.

Top Line Figures

• Rent: 9.5% of Turnover with a base of £85k
• Initial Investment: £100,000
• Fair Maintainable Trade* (FMT) Turnover: £1.075 million per annum

Full Investment Breakdown

• Deposit: £7,500
• Training Fee: £1,200 incl. VAT
• Digital Assets Fee: £200 incl. VAT
• Working Capital: £15,000
• Fixtures & Fittings: Existing £25k and estimate a further £100k required. (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

• Estimated Wet/Dry/Accommodation Split: 40%/33%/27%
• Business Rates: Rateable Value £54,600
• Available From: March. looking to re-open in April

“Businesses of this quality are rare. To make the most of this fantastic opportunity, I’m looking for an entrepreneur who can generate a great bar trade and create a food offer to stand out against the competition. The Ox will require well-funded applicants as the F&F investment will be significant.

Potential Business Partners will need to be passionate about offering exceptional quality and hospitality, and experienced in running guest accommodation and events, given the 14 guest bedrooms and private function venue. This business has huge trading potential in one of the most desirable areas of Poole and is a unique opportunity for the right operator.”

For more details and to submit your interest, please click on Apply.