under offer
under offer
tenancy
116 Coronation Road, Wednesbury, West Midlands WS10 0TW, UK
Approx. Total Ingoings
£7,500Annual Rent
£10,000The Windmill, located on the edge of Wednesbury centre in the middle of a large estate, is a two trading room pub with a fantastic, fully enclosed garden area to the rear. This establishment is very much wet-led but with potential for a snack offer, the business is set up to be the pub of choice locally. We are looking for a community focused publican with a knack of driving sales through events and investing in the community. Available on our new Advocate Retail Partnership Tenancy, an agreement which gives you the freedom to run your own pub, while we provide extensive support to help you maximise your business.
Private Accommodation: The private accommodation is a good size and well maintained and comprises of three bedrooms, a lounge and a kitchen.
Indoor trading area
The pub comprises of two trading areas both with individual bar serveries. The lounge is traditional and cosy for a relaxing drink with friends and the public bar area, a popular spot with the locals offers a pool table and darts throw. The pub has a regular programme of entertainment, and this is key to driving sales here. A compact and simple kitchen, of good size, with very small improvement, can service a good snack food offer.
Outdoor trading area
The pub has a wonderfully large, fully enclosed rear garden with an adequately sized seating area to the front available for guest to enjoy drinks alfresco. To the front of the pub is a convenient car park for five vehicles.
Regional Manager Comments
The Windmill is a fantastic opportunity for a new publican to build on the current level of trade and maximise the potential represented by the fantastic garden and the opportunity to introduce a snack food offer. It is very much a traditional estate pub, with a strong programme of entertainment. A publican with good ideas is key to growing sales at this pub.
Retail Partnership Tenancy
Beer Garden Private Accommodation Kitchen Parking Cask Ale
Approx. Total Ingoings
£7,500
Annual Rent
£10,000
Potential Turnover: £226,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £10,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £7,500 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £10,000 (excl VAT)
To be discussed with the Regional Manager.
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My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
