FindMyPub.com
Beer Garden
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External Drinking Area
FindMyPub.com
Car Park
Property details
The Festival is a well-established community venue located in a popular residential area of Coventry. Combining traditional hospitality with a lively social atmosphere, the pub has built a strong reputation for quality food, live sport, entertainment and community engagement, making it a favourite destination for local residents, families and social groups.
The pub offers a diverse range of trading opportunities, including home-cooked food, themed dining nights, popular Sunday roasts, live sports coverage and regular entertainment. With two separate bar areas and flexible trading spaces, The Festival is ideally suited to hosting community events, private functions and social gatherings throughout the year.
Private Accommodation
The Festival benefits from spacious private accommodation that provides comfortable on-site living for an operator and their family. The accommodation comprises four bedrooms, a living room, kitchen, bathroom and separate toilet, offering generous living space alongside the business. The size and practicality of the accommodation make it particularly well suited to a family or first-time publican looking to combine a successful community pub with the convenience of living on-site.
FindMyPub.com
Catering Kitchen
FindMyPub.com
Team Games
FindMyPub.com
Live Entertainment
FindMyPub.com
Live Sports
FindMyPub.com
Experienced Operator
Trading style
The ideal operator will be a friendly, community-focused publican who enjoys building relationships and becoming a visible presence within the local area. This opportunity would suit someone looking to run their first pub business as well as a more experienced operator seeking a strong community venue.
The successful applicant will have a passion for customer service, community engagement and live sport. They will be confident using social media and local marketing to drive footfall, while bringing fresh ideas around entertainment, events and food. A hands-on approach and enthusiasm for becoming part of the local community will be essential to maximising the potential of this well-established Coventry pub.
Key financials
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Reference Number:
FH4FW1 / 034253
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£13,335.00
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Annual Rent:
£50,000.00
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.
Business Details
| Forecast Turnover: | £638,833 pa |
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| Forecast Wet Turnover: | £511,072 |
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| Forecast Dry Turnover: | £127,761 |
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| Guide Rent Annual: | £50,000 |
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Financial Details
| Full Deposit: | £12,500 |
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| Agreement Fee: | £835 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £96 pw |
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