Hazelslade Public House Hazelslade
Rugeley Road, Cannock, WS12 0PQAgreement Type: Investment Tenancy
View for Hazelslade Public House Hazelslade detailsPark Gate Road, Rugeley, WS15 4RN
Pub Code: 2300119101
Est Min Ingoing Costs: £55,076
Annual Rent: £46,306
Fantastic Refurbishment Planned!
The Park Gate Inn’s entrance area will be transformed as a cosy snug area with stone floors and open fires. The dining area will be completely repositioned as a premium space with new wall, floor and ceiling finishes and the addition of new light fittings and furniture. The conservatory will be overhauled as a new ‘orangery’ with to improve all year-round appeal. New French doors will be installed to allow easy access onto the new patio area. In addition, a new kitchen will be installed complete with prep area and walk in freezer.
Externally, the Park Gate Inn will receive new exterior signage and lighting to enhance the sites kerb appeal. A new entrance pergola to the front will welcome in guests. At the rear of the pub, we’ll be installing a new flagstone patio. Festoon lighting will be added to the garden area and conservatory.
Great Demographics!
In the village of Cannock Wood and surrounded by the natural beauty of the Cannock Wood Chase you’ll find the Park Gate Inn, a gorgeous pub. Being located within Cannock Chase the area has a massive number of tourists/walkers coming to enjoy the local countryside. The pub is located next to the Castle Ring site, an Ancient Iron Age Fortress with the remains of a medieval hunting lodge.
Cannock Wood has almost 1,000 residents of a mature and affluent background and is the only pub within walking distance. The local area is densely populated with 45,000 people within a 10-minute drive away and another potential 200,000 customers within a 20-minute drive away.
Tap into the Park’s Potential!
The Park Gate Inn already houses some fantastic natural finishes including stone floors, wooden beams, real fireplaces and an amazing garden area. The new refurbishment will enhance these features and add to them, helping the venue appeal to a broader range of customers. Whether it's locals looking to relax in the bar, visitors enjoying a day-out or couples wanting to share a delicious meal, The Park Gate Inn will offer something for everyone.
The Park Gate Inn is available on our investment tenancy agreement. Click here for more information on this agreement.
When refurbished, the Park Gate Inn will appeal to:
Refurbished, the Park Gate Inn will offer:
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, sports offer, entertainment offer and can create a memorable experience for their 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…
The Park Gate Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
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).
Annual Rent | £ 46,306 |
Estimated Annual Turnover | £ 635,223 |
Deposit | £ 11,576 |
Estimated Fixtures & Fittings Value | £ 30,000 |
Estimated Stock Valuation | £ 10,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 55,076 |
Estimated Minimum Ingoing Costs | £ 55,076 |
Park Gate Road, Rugeley, WS15 4RN
Agreement Type: Investment Tenancy
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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