Rose And Woodbine Stoke
Summary
The Rose & Woodbine is a core community Pub set in the area of Ball Hill. The Pub is a traditional two-roomed house with a Beer Garden and Smoking Area.
Description
The Rose & Woodbine is a core community Pub set in the area of Ball Hill. The Pub is a traditional two-roomed house with a Beer Garden and Smoking Area. The Bars can accommodate up to 200 people, with the main customer base being those within a half-mile walking distance, as the Pub is set amongst rows of terraced housing. The Pub also benefits from having good living accommodation with an additional Lounge, Bathroom, Toilet and three separate Bedrooms. This excellent opportunity awaits an experienced Licensee who can further develop the community trade and market the Pub to the local customers. We are looking for an energetic operator who can forge links with the community, with high standards of service.
The internal trading area is made up of a public bar and a lounge. The public bar has pool and darts facilities and is also home to the dominoes teams. The lounge is very popular with residents, being well decorated and comfortable. Each bar can accommodate circa 40 people, and both are laid out with loose furniture and some bench seating. There is no trade kitchen in the property; however, there is an ample-sized prep area which can be used to provide a small food offer for the teams. In the past, the pub has hosted live music acts on Wednesday and Friday evenings, and these events have been well attended.
The large lawned beer garden is located to the rear of the pub and accommodates 12 picnic tables. To one side of the building is a covered patio/smoking area fitted with heat, lights, tables and chairs.
Key Features
• The trading area is split into two separate areas: a public bar and a lounge. The lounge is comfy and family-friendly, and the lounge accommodates pub games and sports.
• There is a good-sized beer garden and smoking shelter. Although there is no trade kitchen, there is a small prep area which can be used for buffets and snacks.
Business & Financial Information
• Estimated ingoings (upfront): £8,670
• Full deposit: £7,875
• Agreement fee: £795
• Guide rent (weekly): £606
• Guide rent (annual): £31,500
• Forecast turnover (weekly): £455,700
• Forecast turnover (annual): £455,700
Ideal Operator
This pub is a "proper local", so it will need a publican who is willing to immerse themselves in the community. The vision and ability to drive the business through sport, events, nd entertainment is a must.
Private Accommodation
The Rose & Woodbine's private accommodation has its own private entrance to the rear of the property and also has the added benefit of a private garden, which is fenced off from the rest of the Pub. All the decor within the private accommodation is in good condition, and the rooms have recently been painted throughout. The three bedrooms are all of good size and can accommodate wardrobes and additional furniture if required. The accommodation has its own kitchen, which again is in good order. The Bathroom and Toilet are clean and in good working order.
Regional Manager's Thoughts
An established drink-led community pub is ready for someone to take to the next level. The retail offer will include live sports, home-to-pub teams and regular plans for live entertainment. The opportunity is there to become a true community publican.
Surrounding Area
The pub sits in the Upper Stoke area in North East Coventry. It is densely populated with mainly terraced houses, with parks and a good mix of local amenities.
There are good transport links to the city centre along the busier main roads.
Upfront cost
£8,670
Cost type:
Upfront
Key facts
Upfront cost
£8,670
Turnover (annual)
£455,700
Rent
£31,500 (annual)
Location
40 North Street, Coventry, West Midlands CV2 3FW
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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