Back to Search results

Elephant and Castle

Dudley, DY2 9SW

Your investment

£6,000

Agreement Type

Tenancy

The Elephant & Castle is a popular community local, located half-way between Halesowen and Dudley in the West Midlands. Dudley has developed substantially over the last few years and is now a popular outer suburb of Birmingham. Merryhill Shopping Centre and Tesco Extra Superstore are both within 5-10 mins drive from the pub.

The Elephant and Castle is a popular community local, located half-way between Halesowen and Dudley in the West Midlands. Dudley has developed substantially over the last few years and is now a popular outer suburb of Birmingham. Merryhill Shopping Centre and Tesco Extra Superstore are both within 5-10 mins drive from the pub.

Pub Layout

The Elephant & Castle trading area consists of an S-shaped room with a bar area at one end and lounge area at the other both serviced by a central bar seating in total approx. 50. There is a catering kitchen located to the rear of the bar servery. At the back of the pub, there is a large garden area connected to the pub by a small patio area. The Elephant & Castle also has parking for approx. 5 cars at the front of the building and nearby there is ample on-street parking.

Trade for the pub can come from passing trade, the local office and factory workers and families who live in the homes surrounding the pub. This great community local offers homecooked pub grub & Sunday lunches at reasonable prices as being competitively priced is fundamental to this value proposition. Renowned for high standards and quality pints, the venue has previously achieved an award for excellent cellar management.

Private Accommodation

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

Annual Rent: £TBC

Security Deposit: £3,000

Working Capital: £1,000

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: £325 plus VAT

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

We are seeking a passionate and people orientated operator able to connect with the local community and with solid food experience who is able to operate to a high standard to build on the reputation of this great little local.

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


Keep up to date with vacancies

This field is for validation purposes and should be left unchanged.