Beer Garden
External Drinking Area
Function Room
Car Park
Restaurant/Dining
Property details
The Gigmill is the pub that has everything required to be a thriving community pub. Set in a good suburb of Stourbridge. It is located in a prominent position and is surrounded by high-quality housing, amenities, and playing fields.
For operators looking to host community parties and events, there is a function area, that can be screened off and is very popular, which currently has a minimum of three bookings a week. It is also a great sports pub with an easy-to-operate adjoining bar, well-equipped and good zoning for drinkers, diners, and sports fans, and if that wasn't enough there is a pool and darts area.
In the warmer months, the Gigmill has some excellent outdoor space too. There is a lovely large raised patio, a beer garden, and a seated smoking shelter.
Currently trading around £7,000 a week, and an 85/15 wet to food split the pub still has plenty of room for growth. The Gigmill has all the facilities you need to run a successful community business.
The landlords also have a major internal and external refurbishment planned on the Gigmill with an investment of over £100,000. This will included internal decorations and garden improvements.
The private accommodation consists of one single and two double bedrooms, a lounge, office, kitchen, and bathroom.
Catering Kitchen
Team Games
Pool Area
Live Sports
Trading style
First and foremost this is a fantastic wet-led community pub, that is great to meet friends and have a drink together. There is an easy to deliver food menu out of the pub catering kitchen with covers for 60 people in the pub and more outside.
The landlords are looking for a positive, friendly operator or team to be a central figure within the community. They need to have the drive and passion for running a great local pub to a high standard. They need to enjoy and promote all the aspects this great pub has to offer.
Key financials
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Reference Number:
PSCFKB / 30477
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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.
FINANCIAL BREAKDOWN:
20% share of weekly wet sales, excluding VAT.
Keep 100% of the food sales.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost.
TOTAL INGOING £5,360