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Mount, Birmingham

Birmingham B44 0SH

Your investment

£12,000

Agreement Type

Tenancy

The Mount is a large detached premises situated in a densely populated area on a busy dual carriageway in Kingstanding Birmingham. Kingstanding is just north of the cosmopolitan city of Birmingham and sits between the suburbs of Erdington and Sutton Coldfield . There is numerous local amenities in the surrounding area as well as larger chain stores.  The pub due to its size has great visibility for passing trade and with with good marketing could easily draw in passing trade as well as encouraging support from the local community.

The Mount is a large detached premises situated in a densely populated area on a busy dual carriageway in Kingstanding Birmingham. Kingstanding is just north of the cosmopolitan city of Birmingham and sits between the suburbs of Erdington and Sutton Coldfield. There is numerous local amenities in the surrounding area as well as larger chain stores.  The pub due to its size has great visibility for passing trade and with with good marketing could easily draw in passing trade as well as encouraging support from the local community.

Pub Layout

The Mount is currently a set out as two very separate trading areas. The main bar is in keeping with a traditional bar and has balanced with low and high tables, the prominent bar makes serving the area easy on those busy nights. This room has a lot of potential to incorporate tv’s, pool tables and darts boards to give another avenue to the trade. The second room has been used for dining with modern booth seating and an open plan kitchen area, there is seating for around 60 people in this area and as it has a separate entrance could be used for functions and private events. Externally there is a large car park and space to enclose a private beer garden which in the summer months would be welcomed by the locals.

The Mount has previously been a diverse business with a strong food offer and a good drinking trade due to its layout is can incorporate the best of  both. One side is a relax drinking area which should lend itself to vibrant bar scene, the focus of live sports would be beneficial and give the bar lounge a real identify. The bar has a vast range of products but a new licensee would wish to incorporate cask ale and may wish to preimmunise the product range in line with current market trends.  There is scope to reposition the current food offer and the pub is equipped to lend it self to all styles of food although you will need a clear vision and style to ensure it is successful.

Private Accommodation

The private accommodation consists of three bedrooms, sitting room and kitchen all in good order.

Annual Rent FREE OF TIE £45,000

Security Deposit: £5,000

Working Capital: £5,000

Stock: £2,000

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

Tie:  Free of Ties

Training: £250 plus VAT

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

This unique business opportunity would suit a well-established and experienced operator / couple with a passion and dedication to develop and grow a strong food offer through the week maximising on every trading session. A strong knowledge on how to develop and grow the business through social media using market trends is essential. You will need a keen eye for details and have great retail standards to ensure this pub is put on the map.

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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