Property details
The Griffin is a beautiful, historic pub in the heart of Dudley town centre meaning plenty of passing trade.
Despite being a town center-based site, this is a pub that still offers that cosy, classic feel whilst having the versatility to provide weekend entertainment. Offering something for everyone, this pub has a loyal, regular trade on the weekdays, sports teams in the evenings and a younger crowd at the weekends. The Griffin is a one-room operation facilitating the smooth running of the bar and drinking areas and also benefits from an area that can easily be used as a dancefloor should the operator wish to run it as such.
The private accommodation consists of three double bedrooms, lounge, office, kitchen and bathroom.
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Catering Kitchen
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Team Games
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Pool Area
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Live Entertainment
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Live Sports
Trading style
Recently refurbished, the Griffin is not currently running a menu, however, there is a decent and well-kept catering kitchen which could really boost sales on this site.
This pub needs a versatile and people-focused operator who can tap into all demographics to ensure the pub continues to be the heart of the community.
Key financials
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Reference Number:
PSCFKB / 3595
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Agreement Type:
Operator Agreement
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Min Ingoing Cost:
£5,360.00
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Annual Rent:
NO RENT PAYABLE
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Your earnings will be based on a percentage of weekly net turnover and for those of you interested in delivering a food offer, the agreement may include one of the branded food menus.
FINANCIAL BREAKDOWN:
Estimated weekly sales: £6,000 - £8,000
Security deposit: £5,000
Legal fees: £360
Working capital: £0
Operator % fee: 20% wet with 100% of food.
TOTAL INGOING £5,360