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Saddlers Arms, Walsall

Walsall, WS3 3PS

Your investment

£8,000

Agreement Type

Tenancy

Bloxwich is a small town to the north of the borough of Walsall, which benefits from good links to both the M6 and M54 motorways. Over 9,000 households live within 1 mile of the pub.

Bloxwich is a small town to the north of the borough of Walsall, which benefits from good links to both the M6 and M54 motorways. Over 9,000 households live within 1 mile of the pub. The Saddlers Arms is a popular estate pub, which offers a friendly welcome to families, locals, and new customers alike.

Pub Layout

The pub is a large two-room operation. The smaller bar area includes a pool table and darts. The larger lounge area can easily be zoned to enable functions to trade for 40 to 50 covers. To the front of the pub is a large grassed area, which provides great space for outdoor drinking on sunnier days, along with a covered external trading area and a 20 spaces car park.

The Saddlers Arms is a fantastic community local popular with families and couples from the surrounding community, as well as being home to sports teams and hosting team events. The regular karaoke and quiz nights, as well as live music at weekends, means there is much to encourage customers to come to the pub. Launching a food offer will be key to success with a tasty, well-priced menu that has something to cater to everyone.

Private Accommodation

The private accommodation consists of three bedrooms, living room, kitchen, bathroom, and toilet.

 

Annual Rent: £13,000

Security Deposit: £4,000

Working Capital: £2,000

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 looking for a community operator is required for this site and local knowledge although not essential, will be advantageous to ensure that the offers and service values really meet the needs of the customers. There’s an opportunity to develop the daytime food offer to include breakfasts, light lunches, and early bird offers to further broaden the customer base, so catering experience would be useful.

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.


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