Malt Shovel Inn Nr Lichfield
Chorley, Lichfield, WS13 8DDAgreement Type:
Foundation Tenancy
View details for Malt Shovel Inn Nr Lichfield
Dog Inn Whittington
Dog Inn Whittington
2, Main Street, Lichfield, WS14 9JU Pub Code: 2301885101
Pub Code: 2301885101
Investment TenancyEst Min Ingoing Costs: £44,061
Annual Rent: £42,245
Beautiful refurbishment planned to elevate the Dog Inn to the best premium local in the area.
What would you do with this pub to make it a success?
The Area:
Set in the charming village of Whittington, Warwickshire, this pub offers an exciting opportunity in a picturesque location. Surrounded by beautiful countryside and a friendly local community, it’s within easy reach of Lichfield and Birmingham, making it a prime spot for both locals and visitors. With over 1,800 potential customers living nearby and just one main competitor, this pub has strong potential to become the go-to destination in the area.
The Offer:
The Dog inn Whittington is available on our investment tenancy agreement. Click here for more information on this agreement.
The drinks offer will be a wide selection of premium lagers, ciders, cask ale & variety of wines, soft, minerals and low & no options. This variety caters to everyone, ensuring the pub appeals to a broad audience. A straightforward pub menu will be on offer - with a selection of crowd pleasers to cater to every taste, with the opportunity to be further developed by the new licensee. Coffee can be offered, attracting daytime visitors and non-drinkers, broadening the pub’s appeal.
The pub will offer live sport and music where the licensee can also host entertainment catered to customer demand. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right licensee will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter…
Trading Area & Facilities
The Dog Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining areas
- 118 internal covers
- 33 external covers with the space for more
- Catering kitchen
- HEINEKEN SmartDispense
- 5 letting rooms
- Large outdoor trading area with cocktail bar & pizza oven
- Car park with 30 spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private Accommodation
Private accommodation consists of three bedrooms, a living room, kitchen and bathroom.
Estimated Total Ingoing Costs
£44,061
Estimated Minimum Ingoing Costs
£44,061
Annual Rent
£42,245
Estimated Annual Turnover
£561,520
Deposit
£10,561
Estimated Fixtures & Fittings Value
£20,000
Estimated Stock Valuation
£10,000
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
2, Main Street, Lichfield, WS14 9JU
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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