Overview

Could you run this pub in Wilnecote, Tamworth?

The Prince of Wales is a traditional community pub in Wilnecote, near Tamworth. It’s a popular drinking destination, recently refurbished with an enhanced look and feel that’s boosted its appeal among local residents and passing trade. The savvy operator will ensure that this pub is the quintessential local hub to attract even more customers, old and new.

The Prince of Wales occupies an attractive building with two trading rooms. The pub’s traditional bar offers a pool table and darts area. Plus, fixed seating that’s ideal for customers looking to have a drink with friends or watch live sports. The rear lounge is carpeted and has fixed seating throughout. We have transformed the outside space into an appealing patio area with a smoking solution.

About the local area

The village of Wilnecote lies about two miles south of Tamworth in Staffordshire and has a population of around 9,000. Footfall will come from local residents, with the potential for some additional passing trade. The M42 lies east of the village, and the centre of Tamworth, a large market town, is just a short drive away. Drayton Manor Theme Park, Drayton Manor Zoo, Kingsbury Water Park, Tamworth Castle, and the Snowdome are all popular local visitor attractions.

Ideal operator/s

This lively local hub would suit a first-time publican or an operator with previous experience. The key to making it a success will be to engage your guests, old and new, and proactively communicate enhancements to the pub. If you’re able to develop a strong events-based and pub games offer, the pub’s core customers are likely to demonstrate their loyalty – resulting in a rewarding experience for all concerned.

Accommodation

The domestic accommodation consists of three bedrooms, a kitchen, and a lounge. We’ll ensure that this accommodation is in good order.

About the Agreement 

We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision. 

Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible deposit options, with build ups from as little as £1,000 as well as flexible price bands and release fees which are available. 

Whatever the agreement, with Punch you always get:  

  • A progressive pub company – winners of the Publican Awards 2022!  
  • Industry leading investment with a whole world of possibilities  
  • Industry leading training, with our Academy and Kitchen  
  • Industry leading e-commerce platform – Punch Buying Club  
  • Expert coaching and advice every step of the way

 * The calculation of the initial Ingoing Costs assumes a minimum deposit, £1,000 & 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

Want to find out more about this agreement? Click Here 

Chat to a recruitment advisor now about this pub business opportunity.

Business Information

Initial Deposit*
£1,000
Full Deposit
£2,750
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£49
Working Capital
£2,000 - £4,000
Street Check
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Financial Information

Annual Rent
£11,000
Forecasted Annual Wet Turnover
£212,326
Forecasted Annual Other Turnover
£2,516
Agreement
Flexible Tenancy

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