Beer Garden
External Drinking Area
Function Room
Car Park
Property details
The Ashwood Inn is located in Stourbridge, a market town in the metropolitan borough of Dudley in the West Midlands. With a population of 63,000 people, this area is surrounded by chimney pots and conveniently located next to the co-op. Stourbridge, once the centre of British glass making during the industrial revolution is located about 12 miles west of Birmingham and approximately 10 miles from Wolverhampton with excellent bus, train, and road links alongside the Stourbridge Canal linking this to the Staffordshire and Worcestershire canal which is popular with holidaymakers.
The establishment features a spacious lounge/bar area equipped with a pool table and dartboards, offering ample seating arrangements. This versatile space is perfect for hosting various sports events and entertainment activities. Furthermore, recent refurbishments have given the toilets a modern update, enhancing the overall guest experience. One of the standout features of this pub is its remarkable function room, capable of accommodating over 100 individuals. This room is consistently in demand for weekend bookings, catering to a wide range of events, from weddings to birthday parties. It boasts a dedicated and well-equipped bar area and a small stage for performances, and during weekdays, it plays host to darts teams with up to 10 throwing lanes. Additionally, there is a smaller, self-contained function room located at the front of the property. This room comes complete with its own restrooms and a separate entrance, accessible from the main bar/lounge area since it lacks its own bar. Convenience is key, with a spacious front car park that includes ramps leading to the main entrance of the function room and a side entrance that grants access to the main bar and the smaller function room.
To the rear of the property, there's a sizable lawn area that has the potential for development into an inviting outdoor drinking space.
Completing this fantastic opportunity is a spacious flat located above the pub. This living space offers three bedrooms, a bathroom, a lounge area, and a generously sized kitchen, providing comfortable accommodation for the pub operator or staff.
Cask Ale
Catering Kitchen
Team Games
Pool Area
Live Entertainment
Trading style
The Ashwood Inn is a fantastic community local popular with families and couples from the surrounding community, as well as being home to sports teams and hosting team functions. Currently trades as a wet-only pub however, subject to board approval and upon signing a long-term agreement the landlords would like to invest in this pub which could then have the facilities to offer food.
At this community local pub, the landlords envision creating a warm and welcoming haven where neighbours and friends gather to enjoy camaraderie, cheer for their favourite sports teams, savour delicious traditional pub grub, and engage in spirited competitions. Their vision is to establish this pub as the heart of our community, a place where memories are made, and everyone feels like family.
Key financials
-
Reference Number:
IU3WDL / P03357
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£10,000.00
-
Annual Rent:
£16,000.00
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: £16,000
Security Deposit: £5,000
Working Capital: £2,000
Stock: £3,000
F&F: Upon valuation – funding options may be available for the right licensee.