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The White Lion sits on the corner of a row of buildings in the heart of the Highgate area of Walsall. It benefits from a well established cask ale offer with a loyal customer base, being one of the few “traditional” pubs left in this area of Walsall.
The main bar is a large room which houses a stage area with a dart board, which can be used for bands as well as darts. The back bar is fantastic and a lovely place for drinkers to stand and chat with each other. The lounge is of a good size with plenty of fixed seating and loose furniture. There is a function room to the side of the pub which is occasionally used by local groups, There is a large beer garden to the rear of the pub which is a sun trap in the summer.
The White Lion is an extremely busy pub, with an electric atmosphere which makes it a popular watering-hole for members of the community. The pub has a really quirky feel to it, with a floor in the bar which slops from the “Shallow” end to the “Deep” end of the pub. It has a beautiful traditional back-bar fitting which could feature in any period drama. The pub has historically focussed on real ales with three/four casks always available however this could easily be developed.
There are five good sized bedrooms, living room, bathroom and large kitchen/diner. In addition there are rooms on the second floor, which are currently not in use.
Annual Rent: £11,500
Security Deposit: £1,000.
Working Capital: £500
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.
I am looking for community focused operators who have the ability to relaunch this business after a long period of closure. The key to the success at the White Lion is for someone who will be at ease with the local demographic, with the skill set to relaunch the live entertainment which prior to closure was a key part of this business, and expand on the entertainment, Marketing and advertising skills are key along with exceptional standards. You must be willing to embed yourselves in the community lifestyle and accept feedback from what your clientele are asking for, and ultimately delivering it. A great cask ale range from both national & local brewers is a must, future investment may be considered.
The premises may qualify for Small Business Rates Relief in which case the non-domestic rating liability may be nil subject to the ratepayer occupying only one property for the purposes of business.
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.