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GUARANTEED RETAINED ANNUAL SUM

Castle Inn

Wood End Road, Wednesfield, Wolverhampton, West Midlands, WV11 1NW

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

Description
Requirements
Benefits

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Beer Garden

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External Drinking Area

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Car Park

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Restaurant/Dining

Property details

The Castle Inn is a popular community pub benefiting from a guest base of returning regular customers, located at the heart of a large residential area in Wednesfield, Wolverhampton.

This large site benefits from a dining area of 60 covers, a snug seating of 20, and the bar seating an additional 40 covers, and is the perfect venue for families and diners.

The private accommodation consists of one single and two double bedrooms, a lounge, an office, a kitchen, and a bathroom.

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Catering Kitchen

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Team Games

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Pool Area

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Live Entertainment

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Live Sports

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Experienced Operator

Trading style

The Castle is a hub for the local community and benefits from Sky Sports as well as local sports teams including crib, dominoes, pool, and darts.

An experienced operator with a food background or an individual with a proven record of developing an excellent management team is needed to keep this pub at the heart of the community.

Key financials

Reference Number: PSCFKB / 37851
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 energy performance certificates are available from the landlord.

The site currently trades at £11,000 per week on average, with 20% of the sales coming from the food side of the business, however, the landlords feel this site could increase sales to £15,000 per week with a successful experienced operator

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 cost. (*deposits can vary depending on business*)
Accommodation is included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

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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.