Pint Pot Sutton Coldfield

50 Tower Road, Sutton Coldfield, B75 5EA

  • Pint Pot Sutton Coldfield
  • Pint Pot Sutton Coldfield
  • Pint Pot Sutton Coldfield
  • Pint Pot Sutton Coldfield

Pint Pot Sutton Coldfield

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.

Experienced Publican Wanted

We are looking for a publican with experience running a similar establishment. A strong character who can consistently deliver good standards and maintain the community feel of the pub. The incoming lessee will be able to make the pub truly their own.

This is a pub with great potential; all we're missing is the right person to drive it forward. So, could that be you?

Pub Features

  • Investment Tenancy
  • Car Parking
  • Refurbishment Planned
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

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).

Private Accommodation

The private accommodation consists of a lounge, bathroom and 2 bedrooms upstairs. There is also a downstairs bedsit.

In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition so that you can focus on your business.

Premises Licence Details

Please refer to the premises licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 01:30 11:00 - 01:30 11:00 - 00:30

Financials

Annual Rent £
31,168
Estimated Tenants Annual Operating Profit £
10,166
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
368,170
Estimated Annual Barrelage
290

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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
25,000
Estimated Fixtures & Fittings Valuation Fee £
Estimated Stock Valuation £
Deposit Amount £
7,792
Rent In Advance £
599
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
39,001
Estimated Minimum Ingoing Costs £
39,001

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

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 are not included in the rent model or ongoing costs below.

Note that on FRI 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
2,155
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108
Estimated Annual Repairs Fund £
1,300

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

** 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