Beer Garden
External Drinking Area
Function Room
Property details
Welcoming this latest investment with a full transformational capex to the landlord's growing family. The Sovereign is located in Coventry, the second largest city in West Midlands, It is a large, prominent detached pub located in a suburban area and is surrounded by chimney pots. The landlords are excited to invest just over £330,000, which will include full internal and external investment. Given its location on a busy road with lots of passing trade and the presence of nearby shops, the Sovereign has the potential to attract a diverse customer base.
After undergoing refurbishment the pub has been revitalized, ensuring that it retains its charm while seamlessly incorporating modern design elements and carefully balancing the space so it feels vibrant and inviting, making it a great community pub. It has various seating options both loose and fixed, creating distinct areas within the pub. The bar is prominent and services all areas with a great value product range catering for all with weekly promotions and a drinks range throughout the week, There is also plenty of space to put on live entertainment as well as screens to watch the televised sports on. There will be both a pool table and darts board and you should engage with the locals and offer both a darts and pool team.
The front beer garden with be refreshed with new outdoor seating and a covered area so it can be enjoyed all year round there is plenty of nearby parking.
The private accommodation is located on the first floor of the pub with three bedrooms, a kitchen, lounge, and bathroom all of which will undergo investment.
Team Games
Live Entertainment
Live Sports
Trading style
The Pub will be embedded in the local community fostering a welcoming approach for all. Leveraging partnerships with local sports teams, schools, and businesses is an excellent strategy to expand your reach and strengthen community ties. Live sports will be shown on high-quality TVs in the trade areas with both Sky and TNT being provided. The pub will need to host pool and darts teams during the week to make use of the new pool table and high-spec darts boards. Live music should feature in the vibrant and exciting rhythm of the week with, DJs, bands & karaoke proving popular with the locals. By combining these elements, you can create a dynamic and welcoming environment at The Sovereign, making it a go-to spot for the local community and beyond.
The landlords are looking for an experienced operator with previous experience in a similar style pub, who is willing to embed themselves into this community and deliver outstanding results. You will need to be dynamic and have a passion for exceptional customer service and a commitment to retail excellence. Your proactive, hands-on approach will shine as you devise and execute a vibrant weekly activity plan that engages the local community on every level. Your previous experience in delivering live entertainment, combined with an understanding of the local marketplace, will be key to your success.
Key financials
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Reference Number:
IU3WDL / P01516
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Agreement Type:
Operator Agreement
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Min Ingoing Cost:
£2,000.00
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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 energy performance certificates are available from the landlord.
Fixtures and fittings: £Upon Valuation (Funding options available for the right licensee).
Security deposit – £2,000