The Crafty Two
Corporation Street, Tamworth, B79 7DNAgreement Type: Foundation Tenancy
View for The Crafty Two detailsNew Street, Tamworth, B77 3EF
Pub Code: 2303379101
Est Min Ingoing Costs: £28,985
Annual Rent: £22,260
Community local with a premium refurbishment
A major investment will transform the Dolphin into a classic, comfortable community pub. Redecorations throughout the interior will breathe a new lease of life into this pub. We will be refurbishing all the downstairs trading areas of the pub including the bar servery and lounge. These works will complement a recently refurbished function room and a popular beer garden. This welcomed investment will make the pub more appealing to all demographics in local area with a welcoming atmosphere.
Externally, we will be installing all-new signage and lighting to catch the eye of passing trade. There will also be new decorations to the exterior of the pub to enhance the pubs new look.
Community focused
The Dolphin is in the Staffordshire market town of Tamworth. It is situated on Glascote Road which is one of the main thoroughfares into the town centre. The pub neighbours mixed residential housing and close to a parade of local retail businesses such as shops, takeaways and bookmakers. The demographics surrounding the pubs consists of a healthy mix of families with younger children and retirees. This opens up the market for more daytime and food trade. Tamworth is home to a wide range of attractions such as the well-established Tamworth Snow Dome, Drayton manor Theme Park and Tamworth castle.
Target customers:
As a suburban site in a very densely populated area, we expect the customer base for the Dolphin to be:
Locals walking to the site rather than tourists coming to the wider Tamworth attractions.
Singles looking to meet up with friends to socialise on lower energy midweek occasions
Couples looking for a quiet drink and larger groups at weekends
Families from the area looking for comfortable local pub for a bite to eat.
Offer:
When refurbished, the Dolphin’s offer will be:
Predominantly beer led with cask ales
A quality spirits offer with premium gins
A simple, classic pub food menu
Small coffee offering to compliment the food menu
Tap into this pub’s great potential
The Dolphin already operates as a community favourite. The refurbishment, the introduction of cask ales & food, a function room and beer garden will give the pub the potential to appeal to a broader spectrum of consumers. With 61 covers and a function room with an additional 40 covers, this pub has bags of potential. All we are looking for is the right operator.
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 community led hospitality business. They will have a clear vision for their food & drinks menu, a knowledge and experience of cask ales 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…
We will be refurbishing all the downstairs trading areas of the pub including the bar servery and lounge. These works will complement a recently refurbished function room and a popular beer garden. This welcomed investment will make the pub more appealing to all demographics in local area with a welcoming atmosphere.
Externally, we will be installing all-new signage and lighting to catch the eye of passing trade. There will also be new decorations to the exterior of the pub to enhance the pubs new look.
Full details are listed in the attached refurbishment pack.
Please 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. This 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. This applies to all pubs in England & Wales as per The Pub Code (2016)”.
The private accommodation consists of 3 bedrooms, lounge, kitchen, & bathroom. 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.
Annual Rent | £ 22,260 |
Estimated Annual Turnover | £ 287,924 |
Deposit | £ 5,565 |
Estimated Fixtures & Fittings Value | £ 16,420 |
Estimated Stock Valuation | £ 3,500 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 28,985 |
Estimated Minimum Ingoing Costs | £ 28,985 |
New Street, Tamworth, B77 3EF
Agreement Type: Foundation Tenancy
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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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