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Royal Oak, Hull

42 Main Street, Paull, Hull, HU12 8AL

Agreement Type:

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Your investment:

£225,000 Plus VAT

Location

The Royal Oak is situated in the East Riding of Yorkshire village of Paull. Paull lies 6 miles south-east of the city of Hull. The pub boasts a doorstep view of the Humber Estuary as it sits on its North bank. The village is a very popular destination with walkers and cyclists due to its picturesque and accessible paths along the Humber Estuary, Fort Paull Museum & Armoury and nearby 18th Century Paull Lighthouse.

Property

The Royal Oak is an traditional two-storey mid-terraced building, with single storey extensions to the rear. The ground floor accommodation is arranged around a focal point central bar servery and three good sized trading rooms. The accommodation briefly comprises an entrance hall leading from Main Street, the main front bar with servery, feature fireplace with electric fire, upholstered perimeter seating and access to Ladies W.C., Games Room with open fireplace, pool area with tiled floor and beamed ceiling and Rear Room with small timber bar servery, tiled floor, upholstered perimeter seating, feature fireplace with log burner, darts throw, double glazed door to rear garden and Gents W.C.s off.

The Royal Oak also benefits from a ground floor beer cellar, commercial kitchen and an unused basement beer cellar.

Externally the pub benefits from a two tiered beer garden to the rear with a charming view over the estuary, and brick built storage shed. Opposite the pub there is a small car park offering off street parking for customers.


Measurements

The ground floor footprint of the property is 2,333 sq ft and the overall site measures c. 0.135 acres, (Measurements are taken from digital mapping and are approximate).

The private accommodation is located over the first floor, and briefly comprises  is in good order and consists of three bedrooms, large lounge, kitchen, family bathroom and small office.

Weekly Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Estimated Annual Turnover*: The forecasted annual turnover is the assessed Fair Maintainable Turnover by a Reasonably Efficient Operator and is shown as net of VAT and excludes machine income.

Security Deposit – A security deposit is required when applying for a pub with Admiral.  This will be the greater of £5,000 or three months’ headline rent. The deposit is held on your account and returned when you leave, subject to your final account balance and the condition of the property.  We will also carry out a credit check as part of your application, which may affect the deposit amount required.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £65.86 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

Zero Business Rates* – Based on the draft rating list for April 2026, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *

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