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Wrekin View, Dawley Bank

Telford, TF4 2JH

Your investment

£10,000

Agreement Type

Tenancy

The Wrekin View is located in Dawley a small town in the borough of Telford and Wrekin. The site overlooks the Wrekin, a hill located five miles west of Telford on the border between Shropshire and Telford.

The Wrekin View is located in Dawley a small town in the borough of Telford and Wrekin. The site overlooks the Wrekin, a hill located five miles west of Telford on the border between Shropshire and Telford. A Local Co-Operative Store has been built and shares the site’s car park. The site is prominently located on Milners Lane, has a large car park for approximately 15-20 cars, and extensive trading areas.

Pub Layout

There is a large bar area where traditional pub games are located and there is an open dining area on a lower level with a capacity for 50+ depending on layout. The back of house areas consists of a catering kitchen, food preparation areas, walk-in fridges, beer cellar, staff toilet, and an office leading to the upstairs accommodation.

The Wrekin View is a great community pub with food with a great reputation for its great value food offer, breakfasts or coffee and cakes alongside the full menu available. This goes along with the wet side of the business that certainly has the pub at the heart of the community with pool, darts, Sky Sports, and great entertainment. The area in Lawley is currently undergoing a huge transformation with 5 mainstream builders building until 2027 until the 3500 houses are completed with huge potential for the pub.

Private Accommodation

The private accommodation consists of an extensive first-floor flat that boasts three bedrooms a lounge, a sitting room (possible bedroom 4), a kitchen, and a bathroom.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

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 seeking an experienced and driven operator who has a clear focus on the retail offer they want to put in place that will differentiate the Wrekin View from the rest of the crowd and deliver great food alongside great operating a great community pub.

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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