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Pub Overview

Thriving Community Local! This is a perfect opportunity for the right operator to immerse themselves in the community, deliver a great drink offer and benefit from the success of this thriving business.

What would you do with this pub to make it even more of a success?

The Area:

The Three Horseshoes is located in the district of Fazeley, close to close to Tamworth town centre. The pub is surrounded by shops, food and retails outlets and mixed housing.

Tamworth castle and other local attractions include Drayton Manor Park and Snowdome are close by

The Demographics:

The pub benefits from being one of four pubs found in an area of around 2,600 adults. The loyal customer base is made up of regulars and a more mature clientele.

The Offer:

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a value driven wet-led offer.

What drinks would you look to implement in the pub?

The site currently has the ability to drive trade via selection of pub games, such as pool, and darts, pub games machines with the potential to introduce live sport. It offers a selection of cask ales, popular beers, ciders, wines and spirits.

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a community led hospitality business. Have excellent people skills and enjoy engaging with the guests daily to create a memorable experience for their customers.

Features

• Foundation Tenancy
  
• Pub Games
  
• Cask Ale
  
• Outdoor Trade
  
• Private Accommodation
  

Trading Area & Facilities

• Main trading area with bar
• 60 external covers with covered seating areas
• Outbuilding with pool table and seating booths
• HEINEKEN SmartDispense

Private Accommodation

Private accommodation consists of three bedrooms, a living room, kitchen and bathroom.

Pub Financials

Pub Financials Icon

Estimated Total Ingoing Costs

£26,030

Estimated Minimum Ingoing Costs

£13,677

Annual Rent

£26,118

Estimated Annual Turnover

£363,280

Deposit

£6,530

Estimated Fixtures & Fittings Value

£8,000

Estimated Stock Valuation

£8,000

Estimated Working Capital

£3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow