Highwood
Highwood Avenue, Solihull, West Midlands, B92 8SX
NEST PUBS - REFURB PLANNED
The Highwood in Solihull is situated in a residential area, within the housing estates of Wells Green. The pub has a cosy traditional feel, with TV sports, darts, pool table and a good size patio area to the front of the pub. The pub will receive a rejuvenating programme of refurbishment to modernise the trade space and make it a venue the community can be proud of. As a Nest franchise pub, we will set the business up and supply everything you need. The pub will offer a simple food offer of Pizza and will encourage community activity, pub team games and live sport/music.
Dining areas
Kitchen
Patio
Location
Solihull is a market town and the administrative centre of the Metropolitan Borough of Solihull, in the West Midlands. Solihull is situated on the River Blythe in the Forest of Arden area. The town had a population of 126,577 at the 2021 Census, and its wider borough had a population of 216,240
Business Information
Annual rent
£0
Weekly rent
£0
Entry costs
£5,000
Turnover royalty
n/a
Forecasted Operator Turnover
£442,000
Forecasted Operator Profit (inc machine profit)
£35,000
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
Type of Tie
Agreement
Pub Franchise Agreement is an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay £3,000 entry fee (plus £2,000 working capital) and we take care of the property costs, energy bills and stock. We supply marketing, training, and ongoing support. In addition, you'll be paid 20% of weekly sales, known as the weekly turnover share, to cover your staffing costs. Bonuses and 9% share of profit are available based on business performance and standards audits. Private accommodation is provided where available.
Entry cost of £3000 is payable on change day. This includes legal fees and start up training costs. An extra £2000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.
Deposit
£0
Fixtures & Fittings
£0
Legal Admin Fee
£0
Broker Fee
£0
Stocktaking Fee
£0
Working Capital
£2,000
Other Costs
£3,000
Total Entry Costs
£5,000
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 260 | 88 | 3,634 |
| 2022 | 288 | 127 | 3,778 |
| 2021 | 223 | 4 | 2,425 |
A traditional two room layout of public bar and lounge with a garden area to the front.
Trade Bars
2
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
50
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
0
Current Premises Licence Opening Hours
Sun-Thu: 10:00-00:00
Fri-Sat: 10:00-01:00
The accommodation comprises 3 bedrooms, kitchen, lounge, bathroom, toilet and office.
Private Rooms
8
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
1
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
If you are an experienced pub manager, who is community minded, who demands high standards and wants to run their own pub business that focuses on live sport and music, this pub is sure to excite. There are 28,000 people living in a mile, 58% of which are mid-market customers creating a great catchment for this community pub.
Asa Charlton, Business Development Manager
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