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Saddlers Arms, Walsall

Walsall, WS3 3PS

Your investment

£12,000

Agreement Type

Tenancy
  • Recently Invested In Both Inside and Out
  • Zero Business Rates*
  • Established Business

The Saddlers Arms is a popular estate pub, which offers a friendly welcome to families, locals, and new customers alike. Located in Bloxwich 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 radius of the pub.

Pub Layout

The pub is a large two-room operation, there is a bar area as you enter to the left of the front doors and to the right is a large lounge area. Both rooms have their own bar servery and are completely separate from each other so can be utilised as separate function rooms if needed. There is a small catering kitchen situated back of house which can accommodate service for all styles of catering and plenty of storage space. Externally there is a large lawned area with tables and benches for casual drinking or dining and there is also a sheltered terraced area off the lounge for dining or drinking. There is a small car park to the front side of the property.
The pub has been invested in both internally and externally in the last 18 months. The fixtures and fittings are very nice and appropriate for this style of pub.

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. Food also plays a key part to the 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: £19,000

Security Deposit: £5,000

Working Capital: £2,000

Stock: £5,000

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 real community operator for this. 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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

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 – 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 – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.


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