Pheasant Worcester
Summary
The Pheasant Inn is a charming pub which is 350 years old, situated on a busy high street in Worcester.
Description
The Pheasant Inn is a charming pub which is 350 years old, situated on a busy high street in Worcester. The pub is full of character and contains a dark wood, central bar servery, hosting cask ales and international beer brands, which provides for both the main bar at the front and the separate room at the rear for functions and the skittle alley. The traditional beamed front bar is an original part of the site and provides a great place to relax and watch the world go by. The room at the rear has historically held live music, and entertainment and is used for private functions. Upstairs, there is a further lounge, similar in style to the main room downstairs, with its own bar and rooftop beer terrace.
Running The Pheasant Inn in Worcester could be a fantastic opportunity if you're looking to manage a character-rich, centrally located pub with multiple revenue streams. Here's why it might be a great fit for you:
🍻 Why Run The Pheasant Inn, Worcester?
🏛️ Historic Charm & Prime Location
🎉 Versatile Trading Spaces
📈 Business Potential
🌞 Outdoor Appeal
🏡 Lifestyle Perks
🤝 Backed by Stonegate Pub Partners
Key Features
• Historic pub rich in original charm and character
• Well-equipped trade kitchen
• Live music, entertainment and private functions
• Two-bedroom private accommodation ideal for a couple
• Discounts of up to £200 per barrel but has an average of £160 per barrel
Business & Financial Information
• Estimated ingoings (upfront): £7,545
• Full deposit: £6,750
• Agreement fee: £795
• Guide rent (weekly): £519
• Guide rent (annual): £27,000
• Forecast turnover (weekly): £451,100
• Forecast turnover (annual): £451,100
Ideal Operator
This pub would suit someone who:
Private Accommodation
The pub has a long extended private living accommodation which consists of two bedrooms, a lounge, a kitchen, and a toilet, and all in good condition. There is also another area to the rear of the property that has a bedroom and bathroom.
Regional Manager's Thoughts
The Pheasant is a great pub, full of history and one of the best-known in Worcester. This is a great opportunity for an enthusiastic publican to add to what is already a very successful operation, introducing new ideas and taking it to the next level. The distinctive trading areas allow you to have three very different offers, a traditional pub at the front, a skittle alley and function room at the back and a beautiful quirky bar on the second floor. The kitchen can be used for handheld food offers or a full menu alike to further drive footfall and the business. With over 20 years of experience in the hospitality industry, I can support your business in people, operations, sales and marketing and profitability support. I am looking for a publican who is enthusiastic in the local community building on a sports and small food offer and immersing themselves in the local area with teams and community events to be the hub of the area.
Surrounding Area
Worcester has a population of approximately 100,000 and is located in Worcestershire just 17 miles southwest of Birmingham and 23 miles north of Gloucester. The city is best known for its magnificent Cathedral and is also home to one of the most picturesque cricket grounds in the world. The city is perfect for exploring with its centre steeped in history and heritage, its wealth of beautiful architecture and an unrivalled number of shopping outlets including an eclectic selection of independent boutiques and high street favourites. Worcester also benefits from regular markets every week, offering everything from vintage antiques to food, art, and crafts. The Pheasant is located in the heart of Worcester city centre on a main street set amongst several other traditional bars and nighttime venues, creating a great circuit for drinkers and diners.
Upfront cost
£7,545
Cost type:
Upfront
Key facts
Upfront cost
£7,545
Turnover (annual)
£451,100
Rent
£27,000 (annual)
Location
25 New Street, Worcester, Worcestershire WR1 2DP
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.