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Watering Trough Walsall

90, Ablewell Street, Walsall, WS1 2EU

Pub Code: 2302870101

Key Features

  • Town Centre pub
  • Great garden
  • Rare Opportunity
  • Landmark Community Pub
  • Private Accomodation

Est Min Ingoing Costs: £9,738

Annual Rent: £14,850

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More Information

The Watering Trough is located in the market town of Walsall, close to Walsall railway station. The pub is surrounded by retail and commercial premises and retail parks.

The pub benefits from being one of 19 pubs found in an area of around 8966 adults. The main customer base is made up of young adults and midlife families with young kids.

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in introducing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via live sports, selection of pubs games, such as pool and pub games machines. It offers a selection of beers, ciders and wines and spirits.

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 high street hospitality business. They will have a clear vision for their, food & drinks menu and sports 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…

  • Foundation Tenancy

  • Outdoor Trade

  • Private Accom

  • Car Park

  • Catering Kitchen

  • Live Sports

  • Pub Games

  • Smoking Area

Trading Area & Facilities

  • Bar area and separate area for entertainment
  • Small kitchen area that could be utilised
  • Great Garden space
  • SmartDispense
  • Limited parking at front
  • Pool table

Private Accommodation

Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom and office.

Annual Rent £
14,850
Estimated Annual Turnover £
326,683
Deposit £
3,713
Estimated Fixtures & Fittings Value £
20,000
Estimated Stock Valuation £
5,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
32,213
Estimated Minimum Ingoing Costs £
9,738
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.

Location:

90, Ablewell Street, Walsall, WS1 2EU

Google map location image of Watering Trough Walsall