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King William

Pubs & Bars • EB1B6FB Management opportunity
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Summary

The King William is a traditional 2-door bar and lounge. Located on the busy Pensnett Road in Dudley, close to the hospital, there is plenty of local footfall to tap into.

Description

The bar area features pool and darts facilities which the Operator can use to attract local teams and drive business further.  The King William is a community focussed pub, currently 100% wet but with a small kitchen offering the Operator the option of introducing a small food menu. It benefits from a large carpark and beer garden to the rear. Currently the pub is achieving weekly sales of around £6,000 with scope to increase this by creating daily reasons to visit, weekly community activity and live entertainment. If this is not the pub for you do you know someone who might be interested? If so, let us know using our Refer a Friend scheme and if they’re offered, we will give you £1,000! (Terms & conditions apply)  Well maintained accommodation, 2 large bedrooms, living room, bathroom and kitchen. We understand that taking on your own pub business is an important decision. We are proud to operate under the provisions of the Pubs Code regulations (2016), by providing certain important information during the recruitment process which will enable you to make an informed decision about the pub business and the agreement which you are applying for. The recruitment process is structured to include meetings with our recruitment and operations team (virtually or in person). The process usually takes 3-6 weeks from application to offer, but varies depending on meeting dates, availability and information required for the completion of the business plan. For any of our partnership agreements you must have a personal licence to legally operate one of our pubs. We can help in the process of obtaining a personal licence through our partners at John Gaunt. A member of our recruitment team will be able to discuss this option with you as part of your application or enquiry. If you receive an offer from us, we will require payment of the full deposit at your earliest convenience. However, from time to time at the Regional Operations Managers discretion a part deposit payment may be made with an agreed deposit builder in place for the remaining amount. The deposit, or deposit builder, would need to be paid before the commencement of the agreement. Takings are banked in a Marston’s account in accordance with the agreements, to allow us to deduct our Management Charge. Your share (‘Retained Sum’) will be settled on a weekly basis. Any guaranteed annual Retained Sum is released on a weekly basis to you at the same time as your turnover % share Retained Sum.

Upfront cost

£5,360
Cost type: Upfront

Key facts

Upfront cost
£5,360

Location

EB1B6FB
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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