Moons Lane, Cheslyn Hay, Walsall, West Midlands, WS6 7AY
The Mary Rose is an established business, already enjoying healthy levels of trade. While it was last invested internally 3-4 years ago, the pub has stood up well. The external was fully decorated during the Summer of 2017.
With a strong local reputation, our new licensee already has a great starting point from which to grow the business. Catering experience would be advantageous, but the most important qualities are a warm, friendly approach, a passion for quality and the willingness to integrate into the local community.
An open plan 'lounge' provides nooks and crannies around a central bar counter. Dining is available throughout rather than a designated 'dining room' and the area in front of the open fire is particularly popular in winter time! A garden catches the sun at the front of the pub with both a lawn area and decking with dining furniture.
|Car park spaces||30|
The private flat has a homely feel and benefits from a private garden area with private access.
|Annual rent||£34,450 per annum|
|Weekly rent||£662.50 per week fixed|
£34,450 per annum, £662.50 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit subject to credit check.
Entry Costs approx £31,800 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). *F&F funding options may be available to the right applicant.
|Fixtures & fittings||£16,000||Working capital||£5,000|
|Other costs||£3,150||Total entry cost||£31,800|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•50/50 profit split of machines income
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
|Volume notes||Please not this site has been free of tie for wines and spirits.|
Cheslyn Hay is a former mining village in south Staffordshire located between Cannock and Walsall. Tucked away on Moons Lane, the Mary Rose sits in the heart of the community of Cheslyn Hay. Reputation also draws guests from a wider area, seeking quality home cooked food and cask ale.