Tucked away just off Dudley high street, The Shrewsbury Arms beckons with its irresistible charm. Dudley, a lively market town in the West Midlands. Nestled 5.5 miles southeast of Wolverhampton and a mere 8 miles northwest of Birmingham. Dudley wears its crown proudly as the Black Country’s capital.
The interior of The Shrewsbury Arms offers a seamless, unified experience. Greeting patrons upon entry is a well-appointed bar to the left. To the right, a blend of fixed and flexible seating, accompanied by three strategically placed televisions and an engaging dartboard. Stepping further in reveals an outdoor patio area that accommodates around 12 seats, complete with two additional television screens broadcasting both Sky and BT.
The Shrewsbury Arms confidently thrives as a wet-lead establishment, positioned just a stone’s throw away from Dudley’s bustling high street. Great pricing and attractive offers this pub is firmly established in its community and extends a welcoming embrace to both loyal patrons and passers-by. The love for televised sports adds to the vibrant appeal.
The private accommodation consists of lounge, kitchen, bathroom with separate toilet and two bedrooms.
Annual Rent: £10,000
Security Deposit: £2,000
Working Capital: £2,000
F&F: TBC (Funding options available)
Training: £325 plus VAT
* 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.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Shrewsbury Arms represents an ideal opportunity for both emerging entrepreneurs and seasoned licensee (s). At its core, this establishment revolves around community engagement, and the new licensee is poised to harness this potential. By fostering local ties, providing regular entertainment, and championing pub-centric initiatives, the operator can elevate sales figures. The strategic focus on televised sports further enhances the pub’s allure.
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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