Boathouse Walsall
Park Road, Daw End, Rushall, WS4 1LGAgreement Type:
Foundation Tenancy
View details for Boathouse Walsall
Farmers Boy Rushall
Farmers Boy Rushall
Barns Lane, Walsall, WS4 1HH Pub Code: 2300089101
Pub Code: 2300089101
Foundation TenancyEst Min Ingoing Costs: £9,500
Annual Rent: £24,000
Coming soon! Fantastic Community pub in a great location
We are currently working up the financials for this site, so all quoted figures are indicative only. We are accepting applications in the meantime so apply today
What would you do with this pub to make it a success?
The area
The Farmers Boy is situated on a prominent, corner position in a busy residential area on the edge of Walsall. It is well placed to become a hub of the local community.
Demographics
The pub benefits from being the only pub in the estate in an area of around 3700 adults. this is a fantastic opportunity to own and grow the local market. The customer base spans a wide range of ages.
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 well thought through 20/80 food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade live sports, live entertainment and selection of pub games, such as pool, and darts. It offers a selection of popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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
- Open plan room with single bar
- Designated zones for live sports, pub games, and a lounge area for food and drinks
- 65 internal covers
- 50 external covers
- Catering kitchen
- HEINEKEN SmartDispense®
- Large garden with children’s play area
- Car park with 20 spaces
Private Accommodation
Private accommodation consists of three bedrooms, a living room, kitchen and bathroom.
Estimated Total Ingoing Costs
£25,500
Estimated Minimum Ingoing Costs
£9,500
Annual Rent
£24,000
Estimated Annual Turnover
£312,000
Deposit
£6,000
Estimated Fixtures & Fittings Value
£12,000
Estimated Stock Valuation
£4,000
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.
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:
Barns Lane, Walsall, WS4 1HH
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To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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