Boathouse Walsall
Summary
Attractive New Deal - BDM support with 50% rent in year one, lower ingoing costs, high discount on draught beers.
Description
Fantastic opportunity to develop this great pub business on a picturesque, canal side location
What would you do with this pub to make it a success?
The area
The Boathouse is located just outside of Walsall, on a picturesque canal side location. The pub is surrounded by residential housing.
The pub benefits from being one of 3 pubs found in an area of around 1400 adults. The diverse customer base is made up of young families, singles and retirees.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a competitive 80/20 wet/dry food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via a 100% wet led offer, live entertainment and the outstanding beer garden on the banks of the canal. It offers a selection of popular beers, ciders, wines and spirits and cask ales. The introduction of a food offer will drive trade to the next level.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. Knowledge of the local area would be beneficial.
The right operator for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, entertainment offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Special Offer – unlike standard terms for Investment Tenancies, we are offering the option to rent the Fixtures & Fittings on this pub in exchange for a six months’ deposit. We are also happy to discuss a deposit build up as part of the negotiations.
Upfront cost
£60,176
Cost type:
Upfront
Key facts
Upfront cost
£60,176
Turnover (annual)
£377,841
Rent
£22,832 (annual)
Location
WS4 1LG
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.