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INVESTMENT PLANNED

Old Swan New

Halesowen Road, Dudley, West Midlands, DY2 9PY

Ingoing Cost: £34,725
Annual Rent: £29,800

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Function Room

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Car Park

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Restaurant/Dining

Property details

Located on the high street in Netherton, the Old Swan sits within walking distance of around 5,000 adults. With no competing pubs within a ten-minute walk and only a handful of nearby social clubs, the pub has a unique opportunity to become the area's go-to traditional pub. The refurbishment will broaden its appeal beyond its existing wet-led, mature customer base, attracting a wider mix of local customers while retaining its welcoming community feel.

The refurbishment covers both the interior and exterior of the pub.

The pub's trading area and facilities post-refurbishment will be:

Main trading area with bar
Separate dining room
Snug area
Function room
HEINEKEN SmartDispense
Refurbished private accommodation (2 bedrooms)
Pub garden
Car park
Approximately 120 internal covers
Approximately 15 external covers

The private accommodation consists of 2 bedrooms, a kitchen, bathroom, and living room.

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Experienced Operator

Trading style

A planned investment of around £375,000 will transform the Old Swan into a refreshed community pub while retaining its character and heritage.

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 Old Swan will have extensive experience in community pubs. They will have a clear vision for a quality drinks range, engaging entertainment programme and local marketing strategy, creating a memorable experience for 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 / 2302394101
Agreement Type: Tenancy

Min Ingoing Cost: £34,725.00
Annual Rent: £29,800.00

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 £241,219
Annual Rent £28,900

Entry Costs:

Deposit £7,225
Estimated Fixtures & Fittings Value £20,000
Stock Valuation £4,000
Working Capital Required £3,500

Indicative entry costs £34,725

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.

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