The Wall Heath Tavern Kingswinford

14 High Street, Kingswinford, Kingswinford DY6 0HB

  • Wall Heath Tavern
  • Wall Heath Tavern
  • Wall Heath Tavern

The Wall Heath Tavern Kingswinford

"Great facilities Plenty of Potential Located on the high street, in the Metropolitan Borough of Dudley, between the towns of Wolverhampton and Stourbridge, the Wall Heath Tavern occupies a prominent position. This pub should appeal to locals, diners, shoppers, families, cask ale drinkers and sport fans. With an up and coming investment planned this is a great opportunity
built a quality food offer including a range of local cask ales.
Community Champion Wanted! Do you have a vision to grow and maintain a great food offer for the Wall Heath Tavern and have you a passion for cask ales. If you have a strong marketing plan and high retail standards then you could be the person we are looking for."

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Catering Kitchen
  • Private Accommodation
  • Weekly Billing

Trading Area & Facilities

Internally the Wall Heath Tavern has two trading spaces, a small bar to the front of the property and a larger restaurant area with around 50 covers to the rear which is supported by a good sized catering kitchen. Externally there is a large car park which accommodates 40 vehicles to draw in passing and drive-to trade. Alfresco dining is provided in the enclosed beer garden.

Private Accommodation

The private accommodation at the Wall Heath Tavern consists of three bedrooms, kitchen and lounge. In line with our "Ready to Trade Promise", should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.

Premises Licence Details

Please refer to the Premises Licence for further details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
08:00 - 00:30 08:00 - 00:30 08:00 - 00:30 08:00 - 00:30 08:00 - 00:30 07:30 - 00:30 08:00 - 00:30

Financials

Annual Rent £
37,000
Estimated Annual FMOP (Licensee Profit) £
38,734
Representative HEINEKEN UK Brand Discount Per Barrel £
133
Estimated Annual Turnover £
508,444
Estimated Annual Barrelage
293

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
40,000
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
9,250
Rent In Advance £
712
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
58,147
Estimated Minimum Ingoing Costs £
14,351

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) 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.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* 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

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased