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FANTASTIC, CANALSIDE LOCATION
We require a hands on, experienced food operator who has the passion to work within the local community and build great relationships with the locals and passers by alike. The Boat has a reputation as being a traditional cask ale and food outlet which also shows major sporting events on TV. The Pub is situated canal side in the lovely village of Penkridge, the site has a steady day trade with a fantastic outside space to take advantage of. During the Summer months, there are numerous long boats driving up and down the canal, looking for somewhere for lunch, dinner and drinks!
The Pub is situated alongside the Staffordshire and Worcestershire canal, in the beautiful rural village of Penkridge, Staffordshire. This lively village is set between the large town of Stafford, which is five miles to the north and city of Wolverhampton ten miles to the south. The pub itself is located on a fairly busy B road on the outskirts of the village
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Partial tie: Tied All Beer & All Cider
Standard Tenancy Agreement A fixed 5 year term
Entry costs approximately £44,350.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent Fixtures and Fittings are valued at approximately £20,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
|Year||Beer (Brls)||Wine & Spirits (Ltrs)||Minerals (Ltrs)|
The pub has a single manageable central bar with a small dedicated dining area and open plan dining and drinking around the bar area. The pub is located on a canal side spot and benefits from an attractive patio dining area and a small car park for approximately twenty five cars.
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises License Opening Hours
Mon - Sat: 10:00-00:30
The private accommodation is in reasonable condition and includes two double bedrooms and one single bedroom.
I am looking to work with an experienced operator who has the skills to attract both locals and visitors to the pub and to build a viable food offering for this canal side pub. Being situated alongside the Staffordshire/Worcestershire canal, the busy Summer will be essential to your success and attracting tourists will be key. If you are looking for this type of challenge, please contact our recruitment team for further information.
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