Boathouse Walsall
Park Road, Daw End, Rushall, WS4 1LGAgreement Type: Foundation Tenancy
View details for Boathouse WalsallRefurbishment Planned
Pint Pot Sutton Coldfield
50, Tower Road, Sutton Coldfield, B75 5EA
Pub Code: 2301961101
Key Features
- Extensive Refurbishment Planned
- Introduction of Food Offer
- Games Area
- Great outdoor Trading Area
- Car Park
- Private Accommodation
Est Min Ingoing Costs: £15,748
Annual Rent: £17,212
More Information
Extensive Refurbishment planned
The Pint Pot is located in the suburb of Mere Green in Sutton Coldfield. Dense residential areas surround the pub; with over 11,500 living within a 20-minute walk, so passing footfall is high. The planned refurbishment will boost the pub’s kerb appeal, catching residents who would normally walk further into Mere Green due to the lack of good local options.
An uplifting refurbishment will amplify The Pint Pot’s position as a warm and lively pub that can be enjoyed by the whole community. The refurbishment will introduce a vibrant interior, with a new pool table, fixed seating with in-built USB ports and an updated darts area. The commercial kitchen will be expanded, allowing the pub to offer a simple food menu in the local area. This, coupled with a refreshed patio area, is set to attract families and locals alike, generating multiple income streams for the pub.
The new Pint Pot will offer a warm, welcoming pub for locals to enjoy a casual drink or bite to eat. A standout feature of this refurbishment will be the pub’s flexibility. From the zoned trading area with a variety of seating and dining options to the outside terrace offering potential for summer gatherings.
The Pint Pot is located in the suburb of Mere Green in Sutton Coldfield. Dense residential areas surround the pub; with over 11,500 living within a 20-minute walk, so passing footfall is high. The planned refurbishment will boost the pub’s kerb appeal, catching residents who would normally walk further into Mere Green due to the lack of good local options.
An uplifting refurbishment will amplify The Pint Pot’s position as a warm and lively pub that can be enjoyed by the whole community. The refurbishment will introduce a vibrant interior, with a new pool table, fixed seating with in-built USB ports and an updated darts area. The commercial kitchen will be expanded, allowing the pub to offer a simple food menu in the local area. This, coupled with a refreshed patio area, is set to attract families and locals alike, generating multiple income streams for the pub.
The new Pint Pot will offer a warm, welcoming pub for locals to enjoy a casual drink or bite to eat. A standout feature of this refurbishment will be the pub’s flexibility. From the zoned trading area with a variety of seating and dining options to the outside terrace offering potential for summer gatherings.
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and 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 pub’s next chapter…
Trading Area & Facilities
The trading area will be retained and enhanced with a quality finish, providing a bright and lively atmosphere for
customers to enjoy a quality drink or bite to eat in. The various zones and more intimate drinking and dining spaces
will be restructured with new seating to provide customers with a variety of options for any occasion. The existing kitchen will be retained and upgraded to be fully compliant and efficiently deliver the pub’s new menu.
The outdoor terrace will be refreshed to improve kerb appeal and create an attractive area where customers can
enjoy drinks during the warmer months. The pub exterior, lighting and signage will be refreshed to position it as an attractive traditional pub as well as a premium destination dining venue. The transformation will enhance site visibility, highlight the pub’s offer and complement the new look of the interior
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).
customers to enjoy a quality drink or bite to eat in. The various zones and more intimate drinking and dining spaces
will be restructured with new seating to provide customers with a variety of options for any occasion. The existing kitchen will be retained and upgraded to be fully compliant and efficiently deliver the pub’s new menu.
The outdoor terrace will be refreshed to improve kerb appeal and create an attractive area where customers can
enjoy drinks during the warmer months. The pub exterior, lighting and signage will be refreshed to position it as an attractive traditional pub as well as a premium destination dining venue. The transformation will enhance site visibility, highlight the pub’s offer and complement the new look of the interior
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
The private accommodation consists of a lounge, bathroom and 2 bedrooms upstairs. There is also a downstairs bedsit.
| Annual Rent | £ 17,212 |
| Estimated Annual Turnover | £ 269,019 |
| Deposit | £ 4,303 |
| Estimated Fixtures & Fittings Value | £ 3,945 |
| Estimated Stock Valuation | £ 4,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 15,748 |
| Estimated Minimum Ingoing Costs | £ 15,748 |
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:
50, Tower Road, Sutton Coldfield, B75 5EA
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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