Function Room
Property details
The Courtyard is an impressive Tudor Coaching House pub, with great kerb appeal and is set in the heart of the historic Worcester city centre. It’s not only a fantastic place to live but a destination for people to visit all year round, bringing in plenty of tourists from all over the World. The affluent city also benefits from a popular University. The city centre is the ideal place to go for drinks, great food and entertainment. The pub is located on St Nicholas Street, just off the main High Street. It attracts trade from the town centre shoppers and workers, along with local residents, students and people out in the city centre to socialise at evenings and weekends. The Courtyard is a high-street pub that focuses on great drinks, food, entertainment, TV Sports viewing and customer service. Over 8,300 people live within half a mile of the pub, of which the main category is Student Life.
The Courtyard was refurbished internally in 2019 and externally in 2022, bringing a cool, urban vibe, with walls and cladding being painted in grey, but keeping and highlighting any traditional and priceless features such as radiators and feature windows. Through the arc entrance, you enter the “Courtyard”, which is extremely different and quirky, it feels like you’ve stepped into a different building, boasting exposed brick and modern décor, creating an impressive entrance. To the left, you are greeted by a large bar, which has an impressive range of craft beers, ciders and spirits. There is a mix of booth seating and loose tables in the front and rear left-side trading areas. To the right is a smaller bar with front and rear trading areas, which can also be used for Functions. A commercial kitchen is located at the rear of the pub, along with a DJ Booth and smoking area. All trading areas have TVs to maximise viewing of TV Sports
The private accommodation is located on the second floor of the pub and is all in good decorative order. It comprises of two lounges, three bedrooms, kitchen and bathroom.
Catering Kitchen
Team Games
Pool Area
Live Entertainment
Live Sports
Experienced Operator
Trading style
The Courtyard currently trades as a city centre, high street bar serving impressive cocktails and showing popular TV Sports events. Due to its location, it has a steady stream of shoppers passing by looking for lunch, and in the evenings students and town goers looking for a vibrant bar to enjoy drinks. The Courtyard is known as the place to go. The entertainment scene is very popular at the Courtyard with DJs and live music bringing the pub alive at weekends. There is well establish student trade, with promotions throughout the week on both food and drinks, keeping mid-week trade as busy as popular. There is huge potential to develop this business, grow the wet trade, and launch a new food offer, along with growing TV Sports viewing, and live entertainment.
This is a fantastic opportunity for a visionary operator. Industry experience is essential, as is food and entertainment knowledge. This site requires a driven, focused licensee that puts their team and customers at the forefront of everything they do. They will display passion and pride, have a keen eye for detail, and have high standards. They will have knowledge of all areas of marketing their business and showcasing this throughout social media at every level. A business plan will be required, which articulates the what and the how, this will be used in business meetings to measure success and traction along the way. This is an exciting opportunity to build a multi-income stream venue with daytime, evening, food, coffee, Tv Sports, entertainment, and much much more!
Key financials
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Reference Number:
IU3WDL / P04478
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£20,000.00
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Annual Rent:
£22,000.00
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: £22,000
Security Deposit: £6,000
Working Capital: £7,000
Stock: £7,000
F&F: Upon valuation – funding options may be available for the right licensee.