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Vine Inn Halesowen

Pubs & Bars • 51 Lyde Green, Halesowen, West Midlands B63 2PQ Management opportunity
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Summary

The Vine Inn is a beautiful property which is ideally positioned in a residential area in Halesowen, with two main trunk roads in easy access leading to the centre of Birmingham.

Description

The Vine Inn is a beautiful property which is ideally positioned in a residential area in Halesowen, with two main trunk roads in easy access leading to the centre of Birmingham. The pub is extremely popular with the local community and has built up a great reputation with locals and passing trade. This property offers an open plan bar area and pleasing lounge, both with fixed seating plus additional tables and chairs. The bar is the heartbeat of the pub with a large screen TV, gaming machines and sound system, whilst the lounge is cosier with a feature fireplace. The cellar is located in the basement with good storage. The superbly presented beer garden is on the left of the building and has picnic tables to seat approximately 20 customers. A sun house which sits within the garden is a unique feature with seating for additional covers. The smoking solution has a solid roof to protect from the elements and occupies a yard in between the two bars allowing both rooms to be utilised and smokers accommodated without having to leave the premises. Adjacent to the property is the 25-space car park which is protected by a CCTV security system.  Key Features • Well established community pubFantastic beer garden with 20 coversLive sport and pub gamesThree bedroom private accommodation ideal for a familyDiscounts of up to £200 per barrel but has an average of £160 per barrel Business & Financial Information • Estimated ingoings (upfront): £5,795 • Full deposit: £5,000 • Agreement fee: £795 • Guide rent (weekly): £385 • Guide rent (annual): £20,000 • Forecast turnover (weekly): £313,197 • Forecast turnover (annual): £313,196 Ideal Operator Stonegate Pub Partners are now seeking a community minded operator who can integrate with the locals to maximise all trading opportunities. Private Accommodation The private accommodation comprises of three double bedrooms, a fitted kitchen, large lounge, and bathroom.  Regional Manager's Thoughts This warm, cosy community pub has a great range of beers and ales on offer, and with local teams playing games here, you feel at home the moment you enter. The smoking solution is outstanding and has helped to retain regular loyal customers. An operator who can put themselves at the centre of the pub and the local community can build on the already vibrant trade. Surrounding Area This property is located in Halesowen on an appealing residential estate. It benefits from being situated on a through road which sees a high volume of passing trade from motorists and public transport. Halesowen is a popular business and residential town and is less than ten miles from Birmingham city centre.

Upfront cost

£5,795
Cost type: Upfront

Key facts

Upfront cost
£5,795
Turnover (annual)
£313,196
Rent
£20,000 (annual)

Location

51 Lyde Green, Halesowen, West Midlands B63 2PQ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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