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Blacksmiths Arms, Tamworth

Tamworth, B77 4JA

Your investment

£9,000

Agreement Type

Tenancy

The Blacksmiths Arms is situated in the community settlement of Tamworth. A red brick building built in the 1970’s and is a traditional wet community pub prominently positioned centrally in the area, close to the community facilities and is surrounded by a large amount of housing. The area itself is well laid out with shops, schools & health facilities all within the community. Tamworth centre is approximately 2 miles away and is serviced by road and regular buses. The A42 North/South is 1.5 miles from the pub so both Birmingham and the M1 are a 30 minute drive away

The Blacksmiths Arms is situated in the community settlement of Tamworth. A red brick building built in the 1970’s and is a traditional wet community pub prominently positioned centrally in the area, close to the community facilities and is surrounded by a large amount of housing. The area itself is well laid out with shops, schools & health facilities all within the community. Tamworth centre is approximately 2 miles away and is serviced by road and regular buses. The A42 North/South is 1.5 miles from the pub so both Birmingham and the M1 are a 30 minute drive away.

Pub Layout

The Blacksmiths is a typical two-roomed popular locals pub. On entry is the main bar/lounge with a large floor area for tables/chairs and standing room for customers. It also has a raised area with further seating and tables for a more cosy atmosphere. The large bar servery is well laid out with plenty of back bar selling space. The 2nd room is to the left on entry and is the “sports” area with both pool table and darts. Again, it has a good amount of moveable furniture making it a multiple use room. To the rear of the property is a fully enclosed garden area which comprises of a flagged patio and timber smoking shelter and a lawned garden.

The pub trades as traditional drinks focused pub with some televised sports but this could be enhanced by adding Sky Sports and BT Sports. There is some live entertainment and the pub has regular bingo & quizzes which are well supported by the local community. There is the opportunity to add income from developing a small back bar food offer i.e sandwiches and hot pies etc.

Private Accommodation

The private accommodation consists of two good sized bedrooms, a lounge, kitchen and bathroom both of which were fully refurbished late 2021 and there is also a small office.

Annual Rent: £12,500

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:  All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

I am looking for a couple or individual with experience of traditional wet community estate pubs.  This is an opportunity to grow the current offer and engage with the local community and develop the business through traditional community events.

Maintain the current wet offer, televised sports & entertainment. Maximise the number of pub sports teams and add to the income by developing a back bar food offer.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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