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Phoenix Coventry

Pubs & Bars • 122 Gosford Street, Coventry, West Midlands CV1 5DL Management opportunity
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Summary

The Phoenix Pub, also known locally as “The Campbell,” is a vibrant and welcoming venue situated on Gosford Street in Coventry – right at the heart of the city’s bustling student quarter and just a short walk from Coventry University.

Description

The Phoenix Pub, also known locally as “The Campbell,” is a vibrant and welcoming venue situated on Gosford Street in Coventry – right at the heart of the city’s bustling student quarter and just a short walk from Coventry University. With its strong reputation, lively atmosphere, and excellent location, this site offers a standout pub tenancy opportunity in Coventry for an operator with energy, vision, and a passion for creating great nights out. The Phoenix has built its name as one of Coventry’s most popular student pubs, well-known for its affordable drinks, welcoming environment, and entertainment-led trading. Its famous Dark Room is a much-loved feature, hosting heavy rock nights twice a week that draw in large student crowds and create a unique niche in the city’s nightlife. This established following provides a ready-made customer base for a new operator to build upon. Beyond music and nightlife, the pub offers versatile trading space that can be adapted to appeal to a wide range of customers. The main bar provides a lively social hub for students, locals, and visitors, while additional areas allow for events, themed nights, and casual dining. With the right vision, The Phoenix has the potential to develop its daytime and early evening trade, attracting footfall from shoppers, university staff, and city workers. Located on Gosford Street, the venue benefits from strong footfall thanks to its position in the heart of Coventry’s student life, surrounded by university buildings, student accommodation, and other popular hospitality venues. This ensures a steady stream of customers, particularly during term time, while its reputation and central location keep it busy year-round. For the right operator, The Phoenix represents an exciting chance to run a pub in Coventry with strong student appeal and live music credentials. With its established reputation, prime city-centre location, and scope to evolve into a more diverse hospitality destination, this is a site full of opportunity for a dynamic publican ready to make their mark. Key Features • Famous venue with students and rock music supporters alike. There is the "Dark Room" on the first floor, which hosts RAWK every week and a student night every Wednesday - this room has its own separate bar. There is a pool table and screens on the first floor area offering additional trading space. • There is a ground-floor kitchen perfect for a quick turnaround menu to complement the student community. There is a serving hatch functionality coming from the kitchen; this site also operates a dark kitchens concept for additional sales off premises.  • The Phoenix has a great external beer garden, which is covered and has effective lighting to complement the venue.  • Iconic venue with a characteristic central bar servery to accommodate the heavy footfall.  Business & Financial Information • Estimated ingoings (upfront): £19,545 • Full deposit: £18,750 • Agreement fee: £795 • Guide rent (weekly): £1,442 • Guide rent (annual): £75,000 • Forecast turnover (weekly): £1,254,894 • Forecast turnover (annual): £1,254,894 Ideal Operator The Phoenix is a lively, student-focused pub with a strong reputation for music, events, and nightlife, so the ideal publican will be someone who is energetic, sociable, and thrives in a fast-paced environment. This is a venue at the heart of Coventry’s student scene, so being visible, approachable, and able to connect with a youthful crowd will be key to success. An operator with a real passion for live music, DJs, and themed nights will fit perfectly here. The Phoenix is well known for its Dark Room rock nights and weekend entertainment, so the right publican will enjoy building on that reputation and bringing fresh ideas to keep the calendar buzzing with activity. Marketing know-how will be essential. The successful operator should be confident using social media, student networks, and local partnerships to engage customers and keep The Phoenix at the top of Coventry’s nightlife agenda. At the same time, they should be community-focused – working to appeal not just to students, but also to local residents, university staff, and city visitors, ensuring the pub has wide appeal across the community. Flexibility will also be important, as The Phoenix trades steadily from lunch into the evening before switching to a high-energy late-night venue at weekends. The right publican will balance these different trading styles, offering a welcoming daytime space for food, casual drinks, and study-friendly catch-ups, before shifting gears into a vibrant late-night atmosphere. Finally, the ideal operator will be commercially sharp and business-minded, with an eye for maximising revenue streams across food, drink, events, and promotions. This is a fantastic opportunity for an ambitious publican who loves live music, understands the student market, and wants to put their own stamp on a destination pub tenancy in Coventry. Private Accommodation There is no private accommodation at the Phoenix. Regional Manager's Thoughts The Phoenix is a real student favourite in Coventry, with its own identity and great energy. The Dark Room rock nights are a big draw, and there’s a huge scope to build on that with more events and promotions. I see this as the perfect opportunity for a hands-on, creative operator who loves live music and student nightlife, but who can also grow the daytime trade. With the right energy and vision, this pub has fantastic potential Surrounding Area The Phoenix Pub enjoys a prime location on Gosford Street in Coventry, right in the heart of the student quarter and just a short walk from Coventry University, one of the UK’s largest universities with over 30,000 students. This ensures a lively, youthful customer base and consistent footfall, particularly during term time, making it an excellent setting for a student-focused pub tenancy in Coventry. The area is packed with student accommodation, independent cafés, bars, restaurants, and retail units, creating a buzzing atmosphere day and night. The Phoenix is well-positioned to capture both daytime trade from students, university staff, and shoppers, as well as evening and late-night custom from the thriving Coventry nightlife scene. Beyond the university crowd, Coventry has a growing reputation as a cultural and events city. As the former UK City of Culture, it continues to attract visitors to its theatres, music venues, museums, and historic landmarks such as Coventry Cathedral. Combined with its strong business community and central Midlands location, the city provides a diverse mix of customers for pubs and hospitality venues. For a publican, Coventry offers the perfect balance of loyal local trade, a huge student population, and steady visitor traffic, all within a vibrant and opportunity-rich city. With its central position in the student area, The Phoenix is ideally placed for an operator looking to tap into Coventry’s energetic hospitality scene and run a destination student pub in the Midlands.

Upfront cost

£19,545
Cost type: Upfront

Key facts

Upfront cost
£19,545
Turnover (annual)
£1,254,894
Rent
£75,000 (annual)

Location

122 Gosford Street, Coventry, West Midlands CV1 5DL
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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