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Winning Post, Wolverhampton

Wolverhampton, WV6 0SN

Your investment

£15,500

Agreement Type

Tenancy

The Winning post a prominent detached pub on a spacious plot of land, the pub is located on the outskirts of the city of Wolverhampton although it benefits from being in the highly populated local area which is a bustling community.

The Winning post a prominent detached pub on a spacious plot of land, the pub is located on the outskirts of the city of Wolverhampton although it benefits from being in the highly populated area which is a bustling community.

Pub Layout

This unique building offers a large open plan trading area internally with a traditional décor and an authentic twist. Although in need of some modernisation which would be dependent on the relevant positioning of the business, there is a great platform on which to build. There is a sizeable external area that would require some upgrading. The pub benefits from a large car park with up to 20 car park spaces. The kitchen is a good size and although in need of compliance works and upgraded equipment, it could lend itself to all styles of cuisines.

Trading Style

The pub has been closed for several months but given its location, size and layout offers someone a great opportunity to firmly establish this pub with a strong wet offer, all the pub activities and affiliations with local teams that you would expect and the opportunity to introduce a food offer.

Private Accommodation

There are four bedrooms, sitting room, kitchen and bathroom. This benefits from its own private entrance and a private garden however this will need upgrading in readiness for the new licensee to takeover.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £6,000

Stock: £4,500

Fixtures and Fittings: Upon Valuation  – funding options may be 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.

This unique business opportunity would suit a well-established and experienced operator / couple with a passion for community pubs and the ability to introduce a food offer. There may be an opportunity to complete a refurbishment to help establish this pub and to cement the Winning Post as the place to be in the local area.

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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