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Hazelslade Public House Hazelslade

Rugeley Road, Cannock, WS12 0PQ

Pub Code: 2302574101

Key Features

  • Refurbishment Planned
  • Iyllic Location
  • Large Trading Area
  • Food Opportunity
  • Outside Trading
  • Private Accommodation

Est Min Ingoing Costs: £41,975

Annual Rent: £27,356

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More Information

An excellent business opportunity in an enviable location

The Hazelslade sits on the edge of Cannock Chase, a designated place of outstanding natural beauty. Its enviable location will appeal to dog walkers and tourists looking for a quality food and drink offer. The jewel in the crown is that it is the only pub in the village of Hazelslade, with 2,000 villagers. Investing in the pub is a great opportunity to engage with the community and run a quality local.

The pubs refurbishment will elevate it to become a high-quality destination appealing to local residents and tourists alike. The pub will appeal to a broad mix of customers, including adults looking for somewhere to watch sport, older customers needing somewhere to meet for lunch, and visitors to the nearby Cannock Chase.

Publican Ready to Embrace Village Life

 

The Hazelslade will appeal to a publican who relishes the prospect of embracing village life.  It offers great opportunity for licensees looking to develop their catering skills.  Experience working in a community environment would also be ideal

  • Catering Kitchen

  • Function Room

  • Investment Tenancy

  • Pub Games

  • Car Park

  • Outdoor Trade

  • Private Accommodation

  • Refurbishment Planned

  • Monthly Billing

  • Weekly Billing

Trading Area & Facilities

The Hazelslade is a two-bar operation, the refurbished lounge area will feature an open fire as the focal point.  The dedicated sports area with big screens, dart boards and a pool table will have new seating, timber panelling and tile wall feature as part of the refurbishment.

The exterior will be repainted and have new signage and lighting to match the new interior.  There is an outdoor drinking area will be refreshed and festoon lighting installed.  There is   good sized car park for at least 20 cars.

Applicants should 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. The exemption 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, as per The Pub Code (2016).

Private Accommodation

The private accommodation consists of 2 bedrooms, lounge, kitchen and 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.

Premises Licence Details

Please refer to the Premises Licence for full details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
23:00
11:00 -
23:00
11:00 -
23:00
11:00 -
23:00
-
00:00
11:00 -
00:00
12:00 -
23:30

Annual Rent £
27,356
Estimated Tenants Annual Operating Profit £
29,855
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
341,216
Estimated Annual Barrelage
207
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
27,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
6,839
Rent in Advance £
526
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
41,975
Estimated Minimum Ingoing Costs £
41,975
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
2,137
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
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
** 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

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