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A LARGE COMMUNITY PUB, IN THE HEART OF TOWN
The Cabin is a well established pub with a regular customer base. Greene King are offering an excellent opportunity, to take this already popular site and maximise its potential. The business currently trades at the heart of the local community, so by getting the drink offer right and maximising the small food offering, you can really maximise the potential of this fantastic site. The Cabin is currently trading as a sports bar style operation, with big screen TV's located in the bar area, as well as a Pool table. There is also an additional lounge bar area and a function room. To the front of the Pub, there is a small decking area and potential around the side and back of the Pub garden with picnic benches scattered around, ideal for those Summer months. There are approximately 18,000 people living within a one mile radius of the Cabin, so by capturing the imagination of the general Public, the tools are in place to be a success!
The Cabin is situated in Alderwood Precinct at the heart of the Northway estate. The 27 bus to Wolverhampton and Dudley stops immediately outside of the pub. Walkers can take a scenic twenty minute walk via Sedgley Hall Farm Park to access Sedgley Bull Ring for various bus connections and other amenities
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Full tie: All products
Standard Tenancy Agreement A fixed 5 year term. Machine income is retained by licensee
Entry costs approximately £39,875.00, 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 £18,000 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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
|Year||Beer (Brls)||Wine & Spirits (Ltrs)||Minerals (Ltrs)|
Walking into the bar there is a pool table and a large serving area with three large TV's. Moving into the middle of the site there are the toilets and through to a large lounge area with another serving area.
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
Four large rooms that are all the same - split into three bedrooms, one lounge, with a bathroom, seperate toilet and kitchen
I am looking for an excellent operator, who can grow the drinks trade and take the Cabin to the next level. This large community Pub, is located within the heart of a large housing estate and has a well established customer base. Live sports are a big draw here, so focusing on pulling in the customers on match days will be a massive opportunity to maximise revenue. If you feel you have the skills I am looking for, please do call the Greene King recruitment team who will pass your details to me.
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