FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Smoking Solution
FindMyPub.com
Car Park
Property details
The Plough is located in a suburban area with around 5,000 adults living within walking distance of the pub. There are two pubs within a 10-minute walk, both of which are managed, food-led sites. This gives The Plough a clear opportunity to stand apart as a true local pub, focused on the local community rather than a managed dining-led offer.
The pub currently has a predominantly wet-led, drinks-focused trade. Following the refurbishment, it will be repositioned as a more attractive and welcoming community pub, with refreshed internal décor, a quality drinks range, light coffee trade, and entertainment playing an important role in the offer. The investment will help cement The Plough’s position as a locals’ local, while making it more appealing to families and regular community users.
A refurbishment is planned to spend in the region of £125,000 to transform The Plough, Oldbury, into a refreshed community pub with a strong locals-led offer. The internal trading areas will be redecorated to create a warmer, more appealing pub environment. This will support The Plough’s role as a community pub and give customers more reasons to visit regularly. While the main focus is internal, the scheme will also include minimal external works to help support the overall refresh.
The pub’s trading area and facilities post-refurbishment will be:
- Main trading area with bar
- Snug area
- Separate games/sports zone
- 100 internal covers
- 40 external covers
- HEINEKEN SmartDispense
- Private accommodation with 2 bedrooms
- Pub garden
- Car park with 12 spaces
The private accommodation consists of two bedrooms and will also be refurbished, improving the live-in facilities available with the pub.
FindMyPub.com
Cask Ale
FindMyPub.com
Team Games
FindMyPub.com
Live Entertainment
FindMyPub.com
Live Sports
Trading style
The planned refurbishment will focus primarily on an internal transformation, with minimal external works being completed. With an estimated investment of £125,000, the scheme will include internal decoration and refurbishment of the private accommodation, helping to create a more attractive and comfortable pub for local customers.
The pub will remain wet-led, with a quality drinks range at the heart of the offer. Coffee will also be required, although it is not expected to be a major part of trade. Entertainment will be crucial to the overall offer, giving the right licensee the chance to build a strong calendar of events and reasons for the local community to come together.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for The Plough will have extensive experience in community-focused, wet-led hospitality businesses. They will have a clear vision for the drinks range, entertainment, local marketing strategy, and how to build strong engagement with the local community, creating a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
-
Reference Number:
8M9JTW / 2301839101
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£10,742.00
-
Annual Rent:
£26,900.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual:
Estimated Annual Turnover £350,231
Annual Rent £26,900
Entry Costs:
Deposit** Deposit build up from 1 month rent £6,725**
Estimated Fixtures & Fittings Value** Rented fixtures & fittings deal available £15,000**
Stock Valuation £5,000
Working Capital Required £3,500
Indicative entry costs range from** £10,742 - £30,225
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.