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Queens Head Wednesbury
100, Brunswick Park Road, Wednesbury, WS10 9QR
Pub Code: 2301142101
Key Features
- Great Location
- Well - Established Business
- Delivering a Great Food Offer
- Enclosed Beer Garden
- Large Car Park
Est Min Ingoing Costs: £9,199
Annual Rent: £23,609
More Information
This beautiful well- presented traditional 1930 building situated in the residential heart of Wednesbury, less than 2 mins drive away from the very busy Gallagher Shopping Park and junction 9 off the M6. Very popular with locals and visitors to the area for its high standards and welcoming environment. Serving premium drinks, cask ales, and great food. The Queens Head also benefits from a lovely garden area, ideal for enjoying an alfresco drink or bite to eat.
This is the perfect opportunity for the right operator to immerse themselves in the community, deliver a great food and drink offer, and benefit from the success of this well-established business. Is this you? If so, we want to hear from you.
This is the perfect opportunity for the right operator to immerse themselves in the community, deliver a great food and drink offer, and benefit from the success of this well-established business. Is this you? If so, we want to hear from you.
Trading Area & Facilities
The Queens Head consists of both a bar and lounge trading area with the bar servery situated to the front of the pub. There is a catering kitchen on site and ample seating in the lounge area to accommodate circa 36 covers.
Externally the pub has two outside trading areas, a large enclosed outdoor area including a children play area to the rear of the pub and bench style seating to the front of the pub.
The pub has parking to the side for around 20 cars.
Externally the pub has two outside trading areas, a large enclosed outdoor area including a children play area to the rear of the pub and bench style seating to the front of the pub.
The pub has parking to the side for around 20 cars.
Private Accommodation
The private accommodation consists of three bedrooms with lounge, kitchen dining area, and bathroom. As part of our promise to you, we will ensure your private accommodation is in good order from day one so that you can focus your energy on getting the business right.
Premises Licence 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 - 01:00 |
10:00 - 01:00 |
11:00 - 23:30 |
| Annual Rent | £ 23,609 |
| Estimated Tenants Annual Operating Profit | £ 25,107 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 160 |
| Estimated Annual Turnover | £ 355,796 |
| Estimated Annual Barrelage | 240 |
* 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 | £ 6,132 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 4,010 |
| Deposit Amount | £ 5,902 |
| Rent in Advance | £ 454 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 295 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 18,233 |
| Estimated Minimum Ingoing Costs | £ 9,199 |
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 | £ 2,156 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
| 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
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