Ye Olde Leathern Bottel
Summary
Ye Olde Leathern Bottel in Wednesbury is a pub with history .....
Description
Ye Olde Leathern Bottel in Wednesbury is a pub with history ..... it is the oldest pub in Wednesbury, established in 1510 and with its beams and warm inviting atmosphere is a wonderful pub with an opportunity for an ingoing publican to build on the reputation created by the current publican. The pub stands out as somewhere different locally, away from the saturated local value drink market and offers an opportunity for an ingoing publican to continue the growth of this popular pub's sales with a great ale and home cooked food offer.
Ye Olde Leathern Bottel has a wonderful traditional look and comprises two bars and three seating areas. There are aesthetically pleasing beams throughout the pub and overall it has a charming and cosy feel. The bar serves well-kept cask ales and a host of well-known keg beers.
Outside sits an intimate and enclosed patio drinking area with space for around 20 people to sit down. There are various potted plants which decorate the area making it a pleasing space to enjoy a drink. To the rear of the pub there is a car park with space for 15 vehicles.
Key Features
• Charming and traditional 16th-century pub
• Cosy and enclosed patio drinking area
Business & Financial Information
• Estimated ingoings (upfront): £7,795
• Full deposit: £7,000
• Agreement fee: £795
• Guide rent (weekly): £538
• Guide rent (annual): £28,000
• Forecast turnover (weekly): £502,738
• Forecast turnover (annual): £502,738
Ideal Operator
This pub is ideal for an operator who is passionate about their local community. Engages with the community and supports events, etc.
Private Accommodation
The private accommodation is of a good standard. It comprises two bedrooms, a bathroom, and a lounge.
Regional Manager's Thoughts
Ye Olde Leathern Bottel is a pub full of history, with a warm and inviting atmosphere created by the traditional beams and décor. With three separate trading areas, the pub is well positioned to build on the current trade with a clear focus on cask ales. The new publican will have an engaged community that wants to see the pub do well.
Surrounding Area
Wednesbury is a market town in England's Black Country, it is part of the Sandwell metropolitan borough in the West Midlands and near the source of the River Tame. Sitting roughly the same distance between Birmingham and Wolverhampton, it has good transport links to both cities. The pub is located on Vicarage Road near the M6 motorway on the outskirts of the town, in a densely populated residential area and close to the centre, creating both a large amount of community-based and passing trade.
Upfront cost
£7,795
Cost type:
Upfront
Key facts
Upfront cost
£7,795
Turnover (annual)
£502,738
Rent
£28,000 (annual)
Location
40 Vicarage Road, Wednesbury, West Midlands WS10 9DW
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
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