View Photos

Start your application now. Enquire Now - or - Save for later

GUARANTEED RETAINED ANNUAL SUM

The Lock

Wolverley Road, Wolverley, Kidderminster, Worcestershire, DY10 3RN

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

FindMyPub.com
Beer Garden

FindMyPub.com
External Drinking Area

FindMyPub.com
Function Room

FindMyPub.com
Car Park

FindMyPub.com
Waterside

Property details

The Lock is a beautiful, unique pub located in the pretty village of Wolverley in Kidderminster, right on the lock. The pub is brimming with character and has been very well maintained.

It features a refurbished bar, lounge/dining room, and also benefits from an upstairs function space and tea room.

The lovely tea room situated above the pub also adds another element to the business. Popular with walkers, canal users, and cyclists throughout the week and particularly on weekends. There is so much scope to grow this business!

The private accommodation consists of a light and airy flat with three bedrooms, a lounge, an office, a kitchen, and a bathroom, all in good condition.

FindMyPub.com
Catering Kitchen

FindMyPub.com
Team Games

FindMyPub.com
Live Entertainment

FindMyPub.com
Experienced Operator

Trading style

Wolverley is an affluent area surrounded by lovely countryside. It is within easy reach of Kidderminster and other urban areas, so it benefits from lots of visitors. The area is also popular with campers and holidaymakers.

The Lock would benefit from an experienced operator with the ability to build a traditional bar and deliver the landlords menu to a high standard.

Key financials

Reference Number: PSCFKB / 39533
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
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 that energy performance certificates are available from the landlord.

The pub is split 60/40 wet-led and is delivering weekly sales of around £10,000.

What’s in it for you?

22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
Low ingoing costs, deposits starting from £5,000, and £360 legal costs. (*deposits can vary depending on business*)
Accommodation included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

Similar pubs

£5,360

Park Gate Inn, Kidderminster

Worcestershire

£5,360

Cross, Stourbridge

West Midlands

£5,360

King William, Dudley

West Midlands

£5,360

Knights Quest, Rowley Regis

West Midlands

£5,360

Pillar Of Salt, Droitwich

Worcestershire

MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.