Property Description
Fantastic Refurbishment Planned!
The Park Gate Inn’s entrance area will be transformed as a cosy snug area with stone floors and open fires. The dining area will be completely repositioned as a premium space with new wall, floor and ceiling finishes and the addition of new light fittings and furniture. The conservatory will be overhauled as a new ‘orangery’ with to improve all year-round appeal. New French doors will be installed to allow easy access onto the new patio area. In addition, a new kitchen will be installed complete with prep area and walk in freezer.
Externally, the Park Gate Inn will receive new exterior signage and lighting to enhance the sites kerb appeal. A new entrance pergola to the front will welcome in guests. At the rear of the pub, we’ll be installing a new flagstone patio. Festoon lighting will be added to the garden area and conservatory.
Great Demographics!
In the village of Cannock Wood and surrounded by the natural beauty of the Cannock Wood Chase you’ll find the Park Gate Inn, a gorgeous pub. Being located within Cannock Chase the area has a massive number of tourists/walkers coming to enjoy the local countryside. The pub is located next to the Castle Ring site, an Ancient Iron Age Fortress with the remains of a medieval hunting lodge.
Cannock Wood has almost 1,000 residents of a mature and affluent background and is the only pub within walking distance. The local area is densely populated with 45,000 people within a 10-minute drive away and another potential 200,000 customers within a 20-minute drive away.
Tap into the Park’s Potential!
The Park Gate Inn already houses some fantastic natural finishes including stone floors, wooden beams, real fireplaces and an amazing garden area. The new refurbishment will enhance these features and add to them, helping the venue appeal to a broader range of customers. Whether it's locals looking to relax in the bar, visitors enjoying a day-out or couples wanting to share a delicious meal, The Park Gate Inn will offer something for everyone.
The Park Gate Inn is available on our investment tenancy agreement. Click here for more information on this agreement.
When refurbished, the Park Gate Inn will appeal to:
Families looking for somewhere local to enjoy a delicious meal together, attracted by the garden play area.
Locals wanting to meet up and enjoy social activities together, such as a quiz or sports night in the bar.
Retirees within the local area planning to meet for lunch.
When Couples wanting to pop out for coffee and cake at the weekends.
Refurbished, the Park Gate Inn will offer:
Premium lagers, craft beers and a great range of cask ales alongside premium wines and spirits and a small range of cocktails.
Upmarket Pub Classic food menu
A full bean to cup coffee offer
Weekend entertainment alongside a good community rhythm of the week such as quiz nights. Live sports in all bar area
We’re always open to new ideas, what would you do to drive trade?
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 similar hospitality business. They will have a clear vision for their food & drinks menu, sports offer, entertainment 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…
The Park Gate Inn will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Main trading area with bar
Separate snug & boot room
99 internal covers
120 external covers
Catering kitchen
Smart Dispense
Outside trading area
Car park with 17 spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).
Private Accommodation
The private accommodation consists of 3 bedrooms, lounge, kitchen and bathroom.
Refer to the Premises Licence for full details
Agreement Type
Investment Tenancy
Property Facilities
Refurbishment Planned
Kitchen
Outdoor Trade
Parking
Private Accommodation
Property Financials
Additional Information
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
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.
* 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
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
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.
MISREPRESENTATION ACT 1967
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