Highlander Birmingham

Merritts Hill, Birmingham, B31 1TN

  • Highlander Birmingham
  • Highlander Birmingham
  • Highlander Birmingham

Highlander Birmingham

Be the Beating Heart of the Local Community!

This busy local Located on Merritts Hill in Birmingham is supported by a great catchment area of families, couples and the more mature clientele, with over 4,000 adults within a half-mile radius. Income streams come predominantly from good wet trade, while there is real potential to maximise the food offering via with the catering kitchen.

The pub is currently split into two main areas. The overall feel of the site will is a "community pub"

Friendly, Community Operator Needed

Do you have a clear vision for how you can bring success to a community-focused pub? We are looking for someone that can serve products with passion and quality and we would like to see you bring your own ideas and flair to make the most of this great opportunity.

Pub Features

  • Business Start-Up Agreement
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Cask Ale

Trading Area & Facilities



Private Accommodation

The private accommodation at the Highlander consists of three bedrooms, lounge, kitchen and bathroom. As part of our Ready to Trade promise, we will ensure that your private accommodation is in a good state of repair so that you can focus your time and energy on your new business.

Premises Licence Details

Please refer to license for details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 23:30 10:00 - 23:30 10:00 - 23:30 10:00 - 00:00 10:00 - 00:30 10:00 - 00:30 10:00 - 23:30

Financials

Annual Rent £
15,750
Estimated Annual FMOP (Licensee Profit) £
16,714
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
418,335
Estimated Annual Barrelage
195

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
2,835
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
3,000
Rent In Advance £
303
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
12,588
Estimated Minimum Ingoing Costs £
8,498

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
1,911
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,908

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased