under offer
under offer
tenancy
Ablewell Street, Walsall WS1 2EU, UK
Approx. Total Ingoings
£9,350Annual Rent
£11,500Flan O’Brien’s is a large and prominent pub located on a busy road on the edge of Walsall central area. This pub boasts character and charm and is in good condition throughout. The internal trading area is large and open plan, and the pub lends itself perfectly to entertainment and events, such as quiz nights, karaoke and live music. Flan O'Brien's has great history and is available to a new publican who wishes to embed themselves into the local community.
Private Accommodation: The well-kept private accommodation in good order and suitable for a family. It comprises three bedrooms, a bathroom, a lounge and kitchen.
Indoor trading area
This pub is extremely well-laid out and in good decorative order with quirky breweriana and a large bar lending itself to busy service and well-thought out merchandising. Open plan in design, with a fireplace and log burner the trading area is full of character and provides seating for approximately 40 covers with room for a further 100 standing. Wooden panelling lines the walls, and flagstone and wooden flooring adds to the cosy atmosphere.
Outdoor trading area
To the rear of the pub is a compact courtyard which is currently used as a smoking solution.
Regional Manager Comments
Flan O'Brien’s represents a great opportunity for a new publican, ideally located to attract both day and night time trade, the pub has had a great history and represents a huge opportunity. The current customers are a mix of locals and visitors to the area. The new publican will need to love the lifestyle and focus on adding reasons to visit including entertainment and an exciting schedule of regular events.
Retail Partnership Tenancy
Live Music Private Accommodation Cask Ale Live Sports
Approx. Total Ingoings
£9,350
Annual Rent
£11,500
Potential Turnover: £213,000 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: £11,500 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: £9,350 (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: £7,000 (excl VAT)
To be discussed with the Regional Manager.
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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.
