Rainbow Inn Allesley
Summary
The property is brick-built and is Grade II listed. The decor benefits from flagstone floors and a traditional decor of plain walls and a wooden servery.
Description
The property is brick-built and is Grade II listed. The decor benefits from flagstone floors and a traditional decor of plain walls and a wooden servery. The layout consists of two rooms. The front bar is mainly used by drinkers, whereas the lounge is utilised for dining and private parties. The pub has a quaint atmosphere, and this is one of the main attractions for locals and visitors. The car park entrances are narrow, which makes them challenging for customers. Toilets are situated outside the main pub, but form part of the listing and cannot be moved. The raised patio at the rear is very popular in the warmer months.
The trading area is very traditional and has an old-world charm, and this attracts customers who appreciate the traditional pub and its features.
There is a patio area at the rear of the pub with a jumbo garden umbrella set in the middle. There is also a purpose-built smoking solution with lighting.
Key Features
• The Rainbow Inn is a quintessential village pub. It is an established premium wet-led venue with great retail standards, focusing on community events, and a relaxed, inclusive atmosphere.
• It is a traditional pub with a great following for cask ales. The trading area is split into two cosy snugs served by a single bar. There is also a small events space to the rear outbuildings. The toilets are also situated in the outbuilding, but are in great condition and accessed via a covered walkway.
• To the rear of the pub is a large car park - access to which is very tight. At the bottom of the car park is a decked area, which is very popular in the summer months.
• There is a small but well-equipped trade kitchen behind the bar area.
Business & Financial Information
• Estimated ingoings (upfront): £12,733
• Full deposit: £11,938
• Agreement fee: £795
• Guide rent (weekly): £918
• Guide rent (annual): £47,750
• Forecast turnover (weekly): £647,444
• Forecast turnover (annual): £647,443
Ideal Operator
The Rainbow, like many village pubs, acts as a local social hub — somewhere neighbours meet, relax, celebrate, and feel welcome. The ideal publican should genuinely enjoy building relationships with customers, supporting village events (particularly the Alklesley Festival), and making the pub feel like everyone’s local living room.
The ideal applicant will bring creative ideas to make the pub more than just a place for drinks: quiz nights, music evenings, charity events, seasonal specials and themed social events help the pub be a true centre of village life.
The ideal publican for The Rainbow in Allesley is someone who balances warm community hospitality with solid business sense, acts as a friendly local face, and uses creativity and dedication to make the pub a thriving heart of village life.
Private Accommodation
The accommodation is set above the house and has the character of the building,i.e. traditional decor with plain wall finishes. The floor is covered with carpet.
Regional Manager's Thoughts
This pub is a real gem in a leafy area on the edge of Coventry. It is already operating at a high level with excellent retail standards. There is an opportunity to develop the trade further by introducing a good-quality traditional pub menu.
Surrounding Area
Allesley is a suburban village and civil parish on the northwest edge of Coventry, West Midlands (about 3.5–4 miles from the city centre). Allesley feels like a green, quieter fringe of Coventry with a mix of historic village character, suburban housing estates, open parkland and easy access into the city — making it popular with families and those who want countryside proximity without losing city connections.
Upfront cost
£12,733
Cost type:
Upfront
Key facts
Upfront cost
£12,733
Turnover (annual)
£647,443
Rent
£47,750 (annual)
Location
73 Birmingham Road, Coventry, West Midlands CV5 9GT
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
Message the seller. We’ll forward your details so they can reply directly.