Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
Register
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
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.
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.
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.
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
** 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.
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
* 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
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
Pub Vacancy Alerts
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download