Overview

Are you looking to run a pub in the West Midlands?

The Horseley Tavern is in the heart of a thriving community just outside of Tipton in the West Midlands. This traditional pub is about to undergo investment to create a go-to place for guests to enjoy live TV sports, pub games and community led entertainment and events ensuring The Horseley Tavern remains the central hub of the community.

Refurbishment plans include full internal decoration to enhance the traditional pub feel specifically designed to maximise the huge opportunity to put this pub at the heart of the community. The pub investment will enhance the offering, establishing this pub business as the place to go to for great food, drink, sports and entertainment for all.

Facilities

This pub opportunity includes domestic accommodation consisting of three bedrooms and a private kitchen and lounge.

This pub may suit

This is the perfect opportunity for a community and sports focused Publican with experience in hosting events. We are looking for a passionate individual with a keen focus on building local relationships in order to drive community engagement. Some basic catering skills are required to ensure the pub can provide a food offering for guest ensuring the pub is the best that it can be.

About the local area

Tipton is a densely populated town with a thriving community base. The Horseley Tavern is situated a quarter of a mile out of Tipton town centre on the A459 which is the main road that runs between Wednesbury and Dudley.

The pub occupies a terraced plot at the entrance to large 1960s housing and occupies a terraced plot in the heart of an expansive area of residential housing.

About the Agreement

Our Tenancy agreements vary offer a flexible approach to running your own pub business. Your pub will be ready to trade, with a carefully tailored drinks offering in place which you can evolve as you go along.

We’ll provide a high level of support giving you access to all the tools you need to make your business a success, from day one, including your own dedicated Operations Manager, access to exceptional training and development opportunities, as well as business planning, operations and accounting expertise for those less-than-glamorous bits of running a business.

Our five-day Punch Progress induction course will ensure you’re fully up-to-speed before you get started and from then on we’ll provide ongoing support to help you maximise the efficiency, sales and profitability of your pub

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager.

 

Financial Information

Initial Deposit
£6,000
Full Deposit
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures & Fittings Weekly Rent
£17
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£16,000
Weekly Rent
£308
Forecasted Annual Wet Turnover
£177,651
Forecasted Annual Other Turnover
£1,040
Weighted Average Discount Per Barrel
£181
Agreement
Tenancy 5yr

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