The Crafty Two
Corporation Street, Tamworth, B79 7DNAgreement Type: Foundation Tenancy
View details for The Crafty Two
Dog Inn Whittington
2, Main Street, Lichfield, WS14 9JU
Pub Code: 2301885101
Key Features
- Situated at the heart of a beautiful village
- Two room trading area
- External patio area with pizza oven and external bar
- 5 Letting rooms
- Cask ales
- 20 car parking spaces
Est Min Ingoing Costs: £15,225
Annual Rent: £20,706
More Information
Fantastic opportunity to grow this already established country pub in a beautiful village setting!
Stunning pub with plenty of character in beautiful village location.
What would you do with this pub to make it a success?
The area
The Dog Inn Whittington is located in the village of Whittington, close to Lichfield. The pub is surrounded by residential housing.
The pub benefits from being one of two pubs found in an area of around 1500 adults. The pubs customer base is made up of local residents in the age 45 and above category.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong and enticing food offer. What food would you look to implement in the pub?
The site currently has the ability to drive trade via live entertainment, selection of pub games, such as pool, and darts and live sports. It offers a selection of cask ales, popular beers, ciders, wines and spirits, and coffees.
We’re always open to new ideas, what would you do to drive trade?
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 destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy, entertainment offer 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
- Main trading area with bar
- Separate dining room
- 40 internal covers
- 40 external covers
- Well laid out kitchen
- Smart Dispense
- 5 x single letting rooms with shower facilities
- Patioed garden with pizza oven and external bar
- Car park with 20 spaces
- Dart board. Option for pool table if required
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, bathroom, kitchen.
| Annual Rent | £ 20,706 |
| Estimated Annual Turnover | £ 380,398 |
| Deposit | £ 5,176 |
| Estimated Fixtures & Fittings Value | £ 10,000 |
| Estimated Stock Valuation | £ 10,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 28,676 |
| Estimated Minimum Ingoing Costs | £ 15,225 |
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:
2, Main Street, Lichfield, WS14 9JU
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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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