Watering Trough Walsall

90 Ablewell Street, Walsall WS1 2EU

  • Watering Trough Walsall
  • Watering Trough Walsall
  • Watering Trough Walsall
  • Watering Trough Walsall
  • Watering Trough Walsall
  • Watering Trough Walsall
  • Watering Trough Walsall
  • Watering Trough Walsall

Watering Trough Walsall

This beautiful traditional Tudor style building is a popular pub situated in the heart of Walsall town centre and only a short walk from the train station and serviced by local transport. Watering Trough is well supported by locals and visitors alike and currently a popular venue for live music events. It has a raised stage area which is idea for a dance floor or for a band to set up. With a small kitchen on site there is a great opportunity for the operator to introduce a good bar food menu. To the rear of the pub there is a unique two tier beer garden with views over the town, an ideal place to enjoy a drink on sunny afternoon.

Creative Operator Wanted.
Are you a person with a creative flair and have ideas that will keep your events calendar full? Do you have great hospitality skills and looking for an opportunity to demonstrate this? Then we want to hear from you.

Pub Features

  • Rolling Tenancy
  • Music Venue
  • Catering Kitchen
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Watering Trough has a beautiful traditional frontage and consists of one large open plan trading space serviced by one bar to the front of the room. It has a segmented snug area and a raised stage / dance floor which can be adapted to accommodate various events. This space currently holds a pool table. There is a small kitchen on site which can accommodate a small food offer such as snacks and burgers.

Outside to the rear of the pub there is a large two tiered trading space with a unique view of the town, a great space to sit and enjoy a relaxing drink on a warm evening.

Private Accommodation

The private accommodation is located over two floors, on the second floor there is a kitchen, two lounge areas and an office leading onto a roof terrace and situated on the third floor are 3 bedrooms and a bathroom. 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

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 02:00 11:00 - 02:00 11:00 - 02:00 11:00 - 02:00 11:00 - 02:00 11:00 - 02:00 11:00 - 23:00

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

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 £
TBC
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
TBC
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
TBC
Premises Licence Fee £
TBC
Rates Assessment Fee £
TBC
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

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) £
5,950

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