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Plough & Harrow Fazeley

Plough & Harrow Fazeley

Atherstone Street, Tamworth, B78 3RF Pub Code: 2301316101

Pub Code: 2301316101

Investment Tenancy

Est Min Ingoing Costs: £67,759

Annual Rent: £57,038

Major refurbishment to beautiful suburban pub

What would you do with this pub to make it a success?

The area

Prominent location

The Plough & Harrow is located in the popular Tamworth suburb of Fazeley, close to the popular Drayton Manor Theme Park. Fazeley has grown over time to a popular, affluent area on the edge of Tamworth. The pub is only five minutes from Drayton Manor, which attracts some 1.5 million visitors a year. It’s a densely populated area with over 7,500 people living withing a 20-minute walk of the pub. In this area is a healthy level of competition and there is a gap in the market for a premium local.

The offer

The Plough & harrow is available on our investment tenancy agreement. Click here for more information on this agreement. 

Serious potential

The planned refurbishment to the Plough & Harrow will allow a new operator to build a reputation as THE best destination pub in the area. The quality of the surroundings, a wealth of visitors to the area, 106 internal and 172 external covers will make this pub stand out well above the competition. All we are looking for is the right operator that understands the intricacies of delivering a quality food and drink offer….

Target customers:

When refurbished, the Plough & Harrow will appeal to a very broad spectrum of customers due to its multi-income stream offer, including:

  • Local residents, Couples and groups of friends
  • Visitors to the area looking for accommodation or a quality venue for food &/or drink
  • Diners and families during the week

Offer:

When refurbished, the Plough & Harrow will offer:

  • A range of drinks including some premium lagers, cask ale and craft beer
  • Ciders, premium spirits, and an extensive wine list
  • Up-market pub classics food menu
  • A barista-style coffee offer

We’re always open to new ideas, what would you do to drive trade?

Click here to see a similar, completed project at another one of our pubs

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 Plough & Harrow will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, 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…

  • Investment Tenancy

  • Car Park

  • Private Accommodation

  • Letting Rooms

  • Refurbishment Planned

Trading Area & Facilities

Internal Trading Areas

Supply and fit new external quality hardwood doors

Overhaul existing retained doors

Ironmongery to existing and new doors - Provisional

MDF Dado panelling once fixed seating Is removed

Skirting boards

Feature screen with mild screen detail tbc

Mild steel frame devide with curtain screen detail tbc

Bespoke Fixed drink shelves with tile upstand fixed with wrought iron brackets

Bespoke Fixed drink stnd/tables with tile upstand fixed with wrought iron brackets and leg support

Offload furniture etc

New Fire Surround

New Fireplace Hearth

 

Bar Servery Works

New backfitting - upper Spec TBC

Sundry extras

Add wide tier display

Framed mirror 1m2

Allow for cutting to suit skips, sinks basins engines and the like

Allow for steel framing

Alterations to undercounter shelving

Sub floor preparation as may be required following removal of existing floor coverings -latex

Supply and lay new feature tiles to pub dining area

Supply and lay new feature tiles to bar walk area

Sub floor prep, ply - 18mm thick, where required - Provisional

Supply and lay pre finished engineered oak timber flooring

E.O for perimeter strip

Entrance mats/walk off mats

Altro to bar servery

Coved skirtings

Sundry items, floor trims between finishes

Decorative wall papers - Provisional

Wall mural/feature wall between fixed seating

Bar counter/backfitting - staining/polishing to new and existing tops/fronts, etc

EO New wall panelling - strip and stain existing 2000mm high

EO Existing wall panelling - strip and decorate existing 2000mm high

 

Toilets

Stripping Out/Preparation Works

Remove Low level WC Suite and clear away

Remove urinals and clear away

Remove wash hand basin and clear away

Remove vanity unit

Remove WC Cubicle

Remove wall mounted cistern and sparge pipes and clear away

Remove existing wall coverings and prepare for new finish and clear away

Remove Vinyl floor coverings inc. skirtings and clear away

Overhaul existing retained doors

Ironmongery supply

Skim coat plaster finish 

Wall tiling (dado height) as designer spec

Dado Mosaic Tile as designer spec

Supply and lay new vinyl flooring to designers spec

Coved skirtings, 4 mm Altro

Sub floor preparation as may be required following removal of existing floor coverings -latex

Sub floor prep, ply - 12mm thick, where required - Provisional

New traps & wastes

New wash hand basin as designers spec

Vanity Unit; single type

 Vanity Unit; double type

WC Suite's

Urinal bowls as designers spec

Cistern, serving max 3 No. urinals

Install only soap dispense/toilet roll holders

Doc M Pack for Disabled WC (prov.)

Dado height panel with sloping hardwood lid IPS unit

Urinal IPS unit

Toilet cubicle inc. cubicle doors and ironmongery

Decorate ceiling, doors, above dado

 

Trade Kitchen and office

General stripping out Works

Remove Vinyl floor coverings inc. skirtings and clear away

Remove existing wall coverings and prepare for new finish and clear away (Prov.)

Ironmongery supply to existing door

Prepare floor and lay heavy duty levelling screed Altro

Coved skirtings, 4 mm Altro

Sundry items

White rock to all areas - Provisional (wash up area)

Decorate ceiling, woodwork

 

Cellar

Allow for remove and dispose of any unwanted fixtures & fittings and general clear out

Prepare floor and lay heavy duty levelling screed completed with liquid DPM

Decorate walls, ceiling, woodwork - (Anti Fungal Paint)

Builders Work in Connection with Python Installations/Cellar Cooler

BWIC with Python Installations

 

External Works

Construct new external porch - no detail

Repair works to existing pergola - Provisional
Decorate previously decorated Render

Prepare and re-decorate WINDOWS - small panes 

Prepare and re-decorate doors - existing

Prepare and re-decorate doors - new

Prepare and re-decorate Fascia’s &  Soffits & Gutters

Prepare and re-decorate rainwater pipes

Prepare and stain fencing (picket)

Prepare and decorate steel pergola/shelter

Prepare and decorate children’s play area

Construct new dwarf garden wall inc. all foundation and cartaway works

New planter boxes small

New planter boxes large

Construct new external fixed seating (front)

Construct new external fixed seating (secret garden)

Construct new bespoke curved seating bench around tree

General landscape works to play area tidy up lawn

Jet wash existing paved area

Allow to repaint say 30% of existing paving

Construct new external porch - no detail

Repair works to existing pergola - Provisional

Tidy up, re level and re-stone car park

Sweep existing car park (road sweeper)

Allow for kerbing detail

Steel posts for Festoon Lights

Supply and install new close boarded fencing 1800mm

Supply and install new double gates inc. padlock and ironmongery

 

Please be aware that all refurbishments are subject to final board approval which will be determined as part of the recruitment process.

Private Accommodation

Private accommodation consists of 4 bedrooms, a living room, kitchen and bathroom Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade

Pub Financials Icon

Estimated Total Ingoing Costs

£67,759


Estimated Minimum Ingoing Costs

£67,759

Annual Rent
£57,038
Estimated Annual Turnover
£796,865
Deposit
£14,259
Estimated Fixtures & Fittings Value
£40,000
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.

Location:

Atherstone Street, Tamworth, B78 3RF

Google map location image of Plough & Harrow Fazeley
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