Beer Garden
External Drinking Area
Car Park
Restaurant/Dining
Property details
The transformational works at the Park Gate Inn, coupled with a new and enticing food offer will create a delightful space where locals will look forward to spending their time. The bar area will be completely refurbished and split into three separate sections called 'The Nook,' 'The Boot Room,' and 'The Garden Room' to create different spaces with their own individual feel for customers. In addition to this, the inviting and varied outdoor areas will draw in customers who want to sit outside in the warmer months.
Internally the pub already has some fantastic natural finishes including stone floors, wooden beams, and real fireplaces. The new refurbishment will enhance these features and add to them, helping the venue appeal to a broader range of customers.
The varied outdoor areas will draw in customers who want to sit outside in the warmer months.
The private accommodation consists of three bedrooms, a lounge, kitchen, and bathroom, where required there will be appropriate works carried out in line with the landlords ready to trade promise.
Catering Kitchen
Trading style
Well located in the Cannock Wood Village, The Park Gate Inn is perfectly placed to allow the venue to serve a large number of locals within a 4-mile distance. The local area is densely populated with 45,000 people within a 10-minute drive away, and another potential 200,000 customers within a 20-minute drive away. Plus, with limited competition, this will make the newly refurbished bar the go-to place for a relaxing drink or meal.
The pub already has some fantastic natural finishes including stone floors, wooden beams, and real fireplaces. The new refurbishment will enhance these features and add to them, helping the venue appeal to a broader range of customers. Whether it's locals looking to relax in the bar, visitors enjoying a day out, or couples wanting to share a delicious meal, The Park Gate Inn will offer something for every type of customer.
This site would ideally suit an energetic operator or couple who can develop the already well-established drinks and food trade. The ideal candidate would have the ability to engage with the local community and continue to deliver high standards.
It is a fantastic opportunity for the right person to unlock this pub's potential. So, could that be you?
Key financials
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Reference Number:
8M9JTW / 2300119101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£55,076.00
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Annual Rent:
£46,306.00
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.
Annual Rent £46,306
Estimated Annual Turnover £635,223
Deposit £11,576
Estimated Fixtures & Fittings Value £30,000
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £55,076
Estimated Minimum Ingoing Costs £55,076
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.