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Bridge Inn, Tibberton

Droitwich, WR9 7NQ

Your investment

£18,000

Agreement Type

Tenancy

Tibberton is a picturesque, affluent Worcestershire village located around 4 miles north-east of Worcester and less than a mile from junction 6 of the M5 motorway.  The Bridge is a very well established, popular and very highly regarded two bar canal-side village pub with a well-appointed trade kitchen and benefits from plenty of parking and lots of beautiful outside trading space both to the front of the pub and along the edge of the Worcester and Birmingham canal.

Tibberton is a picturesque, affluent Worcestershire village located around 4 miles north-east of Worcester and less than a mile from junction 6 of the M5 motorway.  The pub has become unexpectedly available and is ready to trade immediately attracting a very loyal band of year-round locals for socialising and eating regularly filling both of the pubs two bars. In addition to this, given the fantastic reputation and beautiful location, the pub really comes into its own during the warmer months when it attracts day-trippers, walkers, cyclists and holidaymakers that while away the hours eating and drinking in the pub’s gardens. Trading exceptionally well, with continual year on year sales growth. The pub under the current tenant has built a fantastic reputation which is supported by its exceptional TripAdvisor rating and feedback and is now ready to be taken onwards on its journey to be established firmly as one of the best pubs in the local area.

Pub Layout

The Bridge is a very well established, popular and very highly regarded two bar canal-side village pub with a well-appointed trade kitchen and benefits from plenty of parking and lots of beautiful outside trading space both to the front of the pub and along the edge of the Worcester and Birmingham canal.

The externals of the pub were fully redecorated a few years ago with the internals of the pub has been fully refurbished early in 2020

Trading primarily as a village local and destination food pub the sales are currently hitting very close to the 50/50 drink and food sales ratio sweet spot. Overall internally there are currently 72 covers, the cosy public bar has seating for 22 while the slightly more food focussed main bar of the pub can currently seat around 50. The pub hosts regular events including quiz nights and entertainment evenings. Externally there is currently seating for around 120 but there is scope to further extend this to closer to 200 if required. This is testament to the level of trade that is currently experienced during the busy summer months, however, also demonstrates the potential to take this pub further. There is further scope to expand the activity within the pub in terms of entertainment and themed food events and externally the introduction of spring and summer events such as beer and cider festivals, BBQs, Charity family fun days and riverside music events and potentially the installation of a children’s play area.

Private Accommodation

The private accommodation consists of two bedrooms, a lounge, a bathroom and a toilet.

Annual Rent: £22,500

Security Deposit: £5,000

Working Capital: £10,000

Stock: £3,000

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: £325 plus VAT

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

This site requires an experienced operator with an eye for detail and a good knowledge of delivering a strong food offer and serving both traditional and modern The key here will be the ability to understand the elements in delivering a quality overall experience through service and standards and offering a warm welcome to all customers. Marketing skills and experience of driving footfall will also be crucial to the ongoing success of the pub.

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 – £28.01 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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