Skip to content

Fountain Lichfield

Fountain Lichfield

169, Beacon Street, Lichfield, WS13 7BG Pub Code: 2301855101

Pub Code: 2301855101

Foundation Tenancy

Est Min Ingoing Costs: £8,833

Annual Rent: £16,000

Coming soon!

We are currently working up the financials for this site, so all quoted figures are indicative only.  We are accepting applications NOW so apply today!

Fantastic opportunity to make a difference

With its Victorian design the Fountain stands out from its competitors.  Close to local attractions it is perfect for capturing passing trade whilst still being a favourite with the local community.

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

The Fountain is located on the outskirts of the town of Lichfield, adjacent to Beacon Park and a short walk to Lichfield Cathedral. The pub is surrounded by mixed housing with Morrisons supermarket next door.

The pub benefits from being one of 4 pubs found in an area of around 3,800 adults. The diverse customer base is made up of a mixed age range from 18 to 55+.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through wet 80/dry 20 split food & drinks offer. There is the with scope to grow the food side of the business. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via live entertainment. It offers a selection of popular beers, ciders, wines and spirits ands cask ales.

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…

  • Coming Soon

  • Private Accommodation

  • Car Park

  • Outdoor Trade

Trading Area & Facilities

  • Main trading area with bar
  • Separate dining area
  • 80 internal covers
  • 50 external covers
  • Small kitchen
  • Large garden
  • Car park with approx. 25 spaces

Private Accommodation

Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom

Pub Financials Icon

Estimated Total Ingoing Costs

£15,500


Estimated Minimum Ingoing Costs

£8,833

Annual Rent
£16,000
Estimated Annual Turnover
£275,000
Deposit
£4,000
Estimated Fixtures & Fittings Value
£4,000
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.

Location:

169, Beacon Street, Lichfield, WS13 7BG

Google map location image of Fountain Lichfield
[{"Lat":"52.698144","Lng":"-1.897633","Name":"Malt Shovel Inn Nr Lichfield","Address":" Chorley, Lichfield, WS13 8DD","Url":"/pubs/malt-shovel-inn-nr-lichfield","Image":"/-/media/project/starpubs/pubs/2301715101-malt-shovel-inn-nr-lichfield/images/dsc_2985.jpg?cx=0\u0026cy=0\u0026ch=565\u0026cw=848\u0026hash=4F51447436A8FCBF3CF9C7B8AFDE7F3A"},{"Lat":"52.634157","Lng":"-1.696015","Name":"The Crafty Two","Address":" Corporation Street, Tamworth, B79 7DN","Url":"/pubs/the-crafty-two","Image":"/-/media/project/starpubs/pubs/2302936101-crafty-two-tamworth/images/external_6.jpg?cx=0\u0026cy=0\u0026ch=565\u0026cw=848\u0026hash=D085A6DFDD3AF395532B5A421E122B06"},{"Lat":"52.764988","Lng":"-1.724577","Name":"Middle Bell Barton Under Needwood","Address":"33 Main Street, Burton On Trent, DE13 8AA","Url":"/pubs/middle-bell-barton-under-needwood","Image":"/-/media/project/starpubs/pubs/2301856101-middle-bell-barton-under-nee/images/mainimg_re-sized-scheme-1.jpg?cx=0\u0026cy=0\u0026ch=565\u0026cw=848\u0026hash=E3CAEB55F37997DC96DD088ECC4859DB"},{"Lat":"52.70494","Lng":"-2.01452","Name":"Nest Cannock","Address":" Cannock Road, Chadsmoor, Cannock, WS11 5HP","Url":"/pubs/nest-cannock","Image":"/-/media/project/starpubs/pubs/0091875101-nest-cannock/images/resized-picture1.jpg?cx=0\u0026cy=0\u0026ch=565\u0026cw=848\u0026hash=AFFC726520ED8CF07821D04F25587865"}]

Selected pub

Other pubs