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The Crafty Two

Corporation Street, Tamworth, B79 7DN

Pub Code: 2302936101

Key Features

  • Recently Refurbished
  • Town Centre Location
  • Food Opportunity
  • Cask Ales
  • Outdoor Trading Area
  • Private Accommodation

Est Min Ingoing Costs: £9,718

Annual Rent: £25,622

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More Information

Fantastic location

The Crafty Two will play a pivotal role in the master plan to revamp this part of Tamworth's town centre. Nearby investments include the £6.2m refurbishments of the local assembly rooms across the road, the creation of a new restaurant and enhancements to the public highway/footpaths. It is also very close to the drop off point for several public transport routes for the town. There is a considerable amount of regeneration happening within the area, meaning the pub is a prime location.

Star Pubs and Bars recently completed an extensive refurbishment here and created a stand out pub with a strong focus on craft ales. With its rustic appeal, it has the fantastic opportunity to attract new customers and create something unique to the local area. The introduction of a quality and varied food and coffee offer, combined with a fantastic outside area will ensure the pub attracts a wealth of new customers.

Great Potential

This is a pub with incredible potential to develop a niche craft offer in this fast-developing area of Tamworth, all we’re missing is an entrepreneur with the skills to develop a brand new business and engage with the Tamworth community. Could that be you?

BDM Vision

"This will be the place to go in Tamworth to meet with friends and colleagues for a business meeting over a coffee or even a breakfast, or maybe to pick up a takeaway coffee while waiting for your bus from the town’s main bus terminal right outside the pub. You will be able to get a light lunch and maybe dine in the courtyard during the summer months.

In the evening you will be able to meet with friends for a quiet pint of the finest craft ales and a great meal, or maybe join in on an open mike night with the best of local talent. This will be a chameleon pub changing its feel to match the time of day".

  • Catering Kitchen

  • Foundation Tenancy

  • Music Venue

  • Smoking Area

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

  • Monthly Billing

  • Weekly Billing

Trading Area & Facilities

Internally the pub has a front area with vertical drinking and higher seating for those that want to meet and drink with friends whilst the rear section has boothed seating and a more relaxed dining style feel. There is a new catering kitchen, to allow the introduction of a simple, fast-paced food offer.

To the rear, the outside trading area has a mix of seating and floor finishes, it stands out as a great outdoor area and is visible to passing footfall. There is a covered area, with decked flooring, fixed seating and decorative bric-a-brac, to allow customers to enjoy the outside offer throughout the year.

Private Accommodation

The private accommodation consists of three bedrooms, kitchen & bathroom and a lounge. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Please refer to the Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 -
00:00
10:00 -
00:00
10:00 -
00:00
10:00 -
01:00
10:00 -
01:00
10:00 -
01:00
11:00 -
00:00

Annual Rent £
25,622
Estimated Tenants Annual Operating Profit £
26,121
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
425,589
Estimated Annual Barrelage
216
* 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 £
7,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,500
Deposit Amount £
6,406
Rent in Advance £
493
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 £
20,124
Estimated Minimum Ingoing Costs £
9,718
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 £
1,873
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

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