Cottage Inn Kingswinford

534 High St, Kingswinford, DY6 8AW

  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford
  • Cottage Inn Kingswinford

Cottage Inn Kingswinford

Well established community pub.

Recently benefiting from an external upgrade, the Cottage Inn has great kerb appeal. Situated in the heart of Kingswinford off the main busy high street. A well-established family-friendly venue. Great reputation for serving good quality carvery food alongside traditional pub classics. In addition to this, the pub has a great Cask Ale offer.
The inside of the pub has a warm and welcoming feel and is very popular with the local community. To the rear of the pub, there is a small outside trading area perfect for families to relax on those warm summer days.

Passionate and customer driven operator required.

Are you passionate about delivering fantastic customer service? Do you like being part of the community while pouring the perfect pint for your regulars and visitors? Do you have experience in delivering a great food offer? Are you good at promoting your business? If so, we would love to hear from you.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Cottage Inn has a J shaped large trading area with traditional well-maintained features throughout. The pub has seating capacity for circa 80 covers including an allocated dining area, which can be used for private dining and will accommodate approximately 20 people. The pub also benefits from a separate upstairs seating area for circa 30 people. There is a central bar servery situated on the main trading floor. Outside the pub, there is a small trading area with bench-style seating and a car park to the rear for around 20 cars.



Private Accommodation

Private accommodation onsite consists of three bedrooms, kitchen, living room and bathroom. As part of our promise to you, we will ensure your private accommodation is in good order from day one so that you can focus your energy on getting the business right.

Premises Licence 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 - 00:30 11:00 - 00:30 12:00 - 00:30

Financials

Annual Rent £
23,500
Estimated Annual FMOP (Licensee Profit) £
23,164
Representative HEINEKEN UK Brand Discount Per Barrel £
155
Estimated Annual Turnover £
362,640
Estimated Annual Barrelage
231

“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 £
6,935
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
5,875
Rent In Advance £
452
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
19,447
Estimated Minimum Ingoing Costs £
9,637

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 £
836
Estimated Annual Maintenance Compliance Charge £
1,565
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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