Wildmoor Oak Wildmoor
Top Road, Bromsgrove, B61 0RBAgreement Type: Investment Tenancy
View details for Wildmoor Oak Wildmoor
Plough Inn Wollaston
154, Bridgnorth Road, Stourbridge, DY8 3PD
Pub Code: 2302879101
Key Features
- Traditional Pub
- In Heart Of Village
- Pub Food
- Range of Cask Ales
- Large Garden
- Big Car Park
Est Min Ingoing Costs: £10,625
Annual Rent: £25,500
More Information
The Plough is in the village of Wollaston. 2 miles from Stourbridge city centre. The pub is surrounded by mixed housing.
The pub benefits from being one of 6 pubs found in an area of around 3944 adults. The main customer base is made up of families, retired and young people.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the potential to implement sky sports and drive trade via live entertainment, live sports.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
Trading Area & Facilities
- 2 bar operation
- Dining throughout
- 50 internal covers
- Up to 100 external covers
- Catering kitchen
- Large garden with benches and children’s play area
- Car park with 25 spaces
Private Accommodation
Private accommodation consists of 4 bedrooms, a living room, kitchen and bathroom.
| Annual Rent | £ 25,500 |
| Estimated Annual Turnover | £ 393,428 |
| Deposit | £ 6,375 |
| Estimated Fixtures & Fittings Value | £ 15,000 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 29,875 |
| Estimated Minimum Ingoing Costs | £ 10,625 |
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
154, Bridgnorth Road, Stourbridge, DY8 3PD
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Queens Head
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View details for Queens HeadTo 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
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