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Recently refurbished to a very good standard, The Crown is a prominent detached building featuring an exterior grassed area and car park that is well sited on the main thoroughfare. Yoxall is an aspirational rural style village between Burton on Trent and Litchfield and is only a short drive to the M42 & M6. Housing in the area is a mix of properties ranging through semi & detached houses to properties of significant size. Local amenities consist of schools, church, recreational fields and Yoxhall Rangers Football Club along with local business’ and shops.
The Crown has a long narrow public bar which is partitioned into two areas, with steps in between. The smart lounge has a beamed ceiling and is also partitioned. There is a raised bar/lounge with an open fire which is well appointed with new fixtures and fittings and a lounge/dining area with featured log burner style fire and recently new dining style furniture. There is a fully functioning catering kitchen. By the main entrance is a small conservatory and to the outside is a small grassed area which is fenced therefore child friendly. Externally there is a car park housing approximately ten cars.
The pub trades as 50% wet and 50% food with some entertainment and traditional pub activities, however there’s a great opportunity to further develop the food business as the kitchen is a good size and there is a separate food storage with walk in freezer in an out building. The pub currently opens to the public at lunchtimes, evenings midweek and all day Saturday/Sunday so again scope to expand the midweek trading hours to develop and increase income into this business. There is an excellent range of keg beers, lagers & ciders and an established cask ale following with further opportunity to extend the range to develop a premium spirit offer.
The private accommodation consists of three bedrooms, along with a lounge, bathroom, kitchen, dining room, office and utility room.
Annual Rent: £19,000
Security Deposit: £5,000
Working Capital: £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: £250 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Ideally we are looking for a business orientated couple/individual with substantial experience of running a food operation with the ambition and skills to further develop this well established and respected pub. You will need good social, marketing and networking skills to further develop the offer and online marketing presence to attract and retain a wider range of clientele. An opportunity to develop sports teams in the pub would add a further revenue stream.
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.