Hollybush Smethwick

The Uplands, Smethwick, Smethwick B67 6BL

  • Hollybush Smethwick
  • Hollybush Smethwick
  • Hollybush Smethwick
  • Hollybush Smethwick
  • Hollybush Smethwick
  • Hollybush Smethwick
  • Hollybush Smethwick
  • Hollybush Smethwick

Hollybush Smethwick

Charming Community Pub Situated in a prime location

Built in 1903 with an impressive terracotta frontage, the Hollybush is highly visible from the main road. Situated in the middle of a residential area it benefits from passing trade and the locals living nearby. Currently there is no food offering, however, there is room to develop a small food menu and attract a wider customer base. There is a beer garden for outside trading and private car park making it easily accessible.

Creative Community Operator Wanted

We are seeking an enthusiastic and creative operator to take on the Hollybush. With your knowledge of the local area, ambitious attitude and passion for service you will grow your business in partnership with Star Pubs & Bars.

Pub Features

  • Rolling Tenancy
  • Function Room
  • Car Parking
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the pub has a traditional open plan layout with clearly zoned areas separating the bar and lounge. There is a separate area set aside for traditional pub games with a pool table and dart board. Traditionally furnished with comfortable seating throughout and simply decorated it attracts those customers who are looking for a down-to-earth venue. There is a private function room available to hire for private events.

Externally there is a beer garden and a large car park to the side of the property making it easily accessible.

Private Accommodation

More details to follow.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 02:30 10:00 - 02:30 12:00 - 00:00

Financials

Annual Rent £
14,250
Estimated Annual FMOP (Licensee Profit) £
19,657
Representative HEINEKEN UK Brand Discount Per Barrel £
175
Estimated Annual Turnover £
233,159
Estimated Annual Barrelage
252

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
1,500
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,500
Deposit Amount £
4,914
Rent In Advance £
378
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
13,487
Estimated Minimum Ingoing Costs £
11,333

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
1,463
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4,920

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased