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Agent's details

Eagle & Child, 49 St. Giles

To rent: ROA|6,985 Sq Ft|Pubs/Bars/Clubs, Licensed & Leisure

Property details

TO RENTROA
SIZE6,985 Sq Ft
ADDRESSEagle & Child, 49 St. Giles, Oxford, OX1 3LU
TYPEPubs/Bars/Clubs, Licensed & Leisure
TENURETo Let
POSTED ON5th November 2021

Description

Key Points

  • Rare Central Oxford pub lease opportunity
  • Substantial refurbishment and extension planned
  • Proposals include introduction of 6-8 B&B; rooms on upper floors
  • Historic building once frequented by CS Lewis and JRR Tolkein (“The Inklings”)
  • New free of tie lease available
  • Applicants must have existing F&B; / hospitality businesses
  • Summary

    Historic city centre public house with planned works to deliver 6-8 B&B; rooms and extended trading and ancillary areas.

    Description

    The Eagle & Child is an end of terrace property of mainly stone construction with painted and rendered elevations under a pitched slate roof. The existing configuration provides ground floor public house and ancillary areas with predominantly living accommodation on the first and second floors above basement cold-room.

    Viewings

    The public house is currently closed. For viewing appointments please contact Savills.

    Location

    The property occupies a prominent location on the western side of St Giles’ (A4144) approximately 450 metres to the north of Cornmarket Street in Central Oxford. St Giles’s is a wide boulevard containing a variety of historic buildings interspersed with commercial premises. The Lamb & Flag is located opposite with numerous colleges including St John’s College, nearby are St John’s and Keble College. Oxford has a population of 151,584 (ONS 2020 mid year estimate) and circa 32,930 students enrolled for full-time studies.

    Terms

    We are seeking to achieve an annual rent income in excess of £165,000 per annum exclusive. We will consider offers with a substantial base rent with turnover provisions. Lease terms are to be negotiated.

    Proposed Development

    Landlord’s Works are approved which will provide (but not limited to) a single storey extension to the ground floor trading area under a zinc clad roof, relocation of a new trade kitchen space and ancillary areas in addition to a refurbished basement cellar. We anticipate that the Landlord will be responsible for delivering shell and fabric works, including drainage and services. The successful operator will be responsible for their core fit-out/refurbishment/second fix works. Further details will be provided.

    Disposal Process

    An informal tender process will be conducted. Interested parties will be invited to submit expressions of interest by 29th October 2021. Formal written offers will be reviewed thereafter with anticipated completion of the marketing and selection process in Autumn 2021. Time frames may vary and we will advise parties of changes. Our client is not bound to accept the highest or any offers received. Applicants must be experienced and have existing business interests in the leisure and hospitality sector.

    Location

    marker
    Location: Eagle & Child, 49 St. Giles, Oxford, OX1 3LU

    Oxford (0.5 miles)

    Islip (4.8 miles)

    Radley (5.0 miles)

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