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Lady Westminster Birmingham

19, Olton Boulevard East, Birmingham, B27 7RR

Pub Code: 2303191101

Key Features

  • Free of tie on Wine, Spirits & Food
  • Live Sports & Pub Games
  • Private Accommodation

Est Min Ingoing Costs: £7,870

Annual Rent: £13,530

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More Information

The Lady Westminster on the outskirts of Birmingham. The local support for the pub is high and business is strong.

The Spring Road train station is next to the pub and the site is surrounded by other businesses including take away food places and supermarkets. There is a circa 80 covers, a pool table for pub games and TVs for live sports .

The Lady Westminster is a busy pub and as such, requires an experienced publican who will put the community at the heart of everything they do.

  • Foundation Tenancy

  • Live Sports

  • Pub Games

  • Smoking Area

Trading Area & Facilities

A community pub with a great value drink offer.

Internally The Lady Westminster is a one bar operation with a commercial kitchen. The pub is nicely decorated and well maintained.

The L shaped layout delivers some zoning and can accommodate small functions. TVs are in situ for live sports events. The large windows create a bright outlook onto the busy streets outside.

Private Accommodation

The private accommodation consists of two flats each with two bedrooms, a livingroom, kitchen and bathroom.

Premises Licence Details

See licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
00:30
11:00 -
00:30
11:00 -
00:30
11:00 -
00:30
11:00 -
01:30
11:00 -
01:30
12:00 -
00:00

Annual Rent £
13,530
Estimated Tenants Annual Operating Profit £
15,029
Representative HEINEKEN UK Brand Discount Per Barrel £
200
Estimated Annual Turnover £
153,295
Estimated Annual Barrelage
140
* 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 £
2,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
3,383
Rent in Advance £
260
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
10,253
Estimated Minimum Ingoing Costs £
7,870
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 £
1,505
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
4908
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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