Gauntlet Kenilworth
Summary
Recently refurbished local community pub situated in a private housing estate on the outskirts of Kenilworth town centre.
Description
Recently refurbished local community pub situated in a private housing estate on the outskirts of Kenilworth town centre. The site is situated in a mid-market demographic, it is a popular venue during the week and weekends and has a large target customer base that uses it for social drinking and casual dining.
The Gauntlet has a large open-plan trading area with a central bar with two service areas for each side of the room. The trading area is zoned on either side of the central bar, creating a space for casual drinking on one side and an area designated for eating on the other. The front of the pub has a terraced trading area for drinking and alfresco eating. Earlier this year a pergola was built on the terraced with fixed seating to extend the outside trading area and the shelter allows for this space to be used all year around.
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Key Features
• -Free of Tie Gaming Machines Agreement
• Recently refurbished including a built outdoor seated pergola
• 3-bed private accommodation
• Large rear car park with approx. 40 spaces
Business & Financial Information
• Estimated ingoings (upfront): £6,170
• Full deposit: £5,375
• Agreement fee: £795
• Guide rent (weekly): £413
• Guide rent (annual): £21,500
• Forecast turnover (weekly): £375,927
• Forecast turnover (annual): £375,927
Ideal Operator
We are looking for a retailer who enjoys making a mark on their local community; hosting games activities and live entertainment, running regular promotions and building a strong relationship with the customers. As well as having a strong passion for strong entertainment and rhythm of the week quality food is important to offer at the Gauntlet.
Private Accommodation
Above the pub is a three-bedroom private accommodation with a lounge, kitchen and bathroom. The living accommodation is in good condition and decorated throughout, ideal for a couple or family to live onsite.
Regional Manager's Thoughts
The Gauntlet is a fantastic opportunity for a retailer with a passion and enthusiasm to integrate themselves into the local community of Kenilworth. This well-established public house is in very good condition throughout, surrounded by residential houses and with a good mix of regular customs. The Gauntlet is an excellent and exciting opportunity, although current business is good there is huge potential to develop trade further with an enthusiastic and hardworking publican.
Surrounding Area
The pub is situated on the outskirts of Kenilworth town centre, just 5 miles from Coventry and 4 miles from Warwick. The Gauntlet has good transport links to Birmingham International Airport and the M6, M42 and M40 motorways are all within 10 miles of central Kenilworth. One of the major attractions in the town is the famous Kenilworth Castle, which is located just 20 minutes walk from the pub, bringing plenty of tourists to the area.
Upfront cost
£6,170
Cost type:
Upfront
Key facts
Upfront cost
£6,170
Turnover (annual)
£375,927
Rent
£21,500 (annual)
Location
Oaks Precinct, Coventry, Warwickshire CV8 1DP
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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