Albert Hotel
Tamworth, Staffordshire, B79 7JS
- Fair maintainable trade: £120,000pa. ?
- Wet Led Community Pub Available on a 1 Yr Agreement
- Excellent Opportunity to Develop Trade with Introduction of a Food Offer
- Located in an Area of Mixed Light Industry & Residential Housing
- Approx 3/4 Mile outside Tamworth Town Centre
- Requires an Enthusiastic Operator to be at the Heart & Soul of the Communtiy
- Benefits from 5 Letting Rooms
If you require further information, please call Sarah Hadfield on 0844 848 3254
Overview
The Albert Hotel is located approximately ¾ mile from the centre of Tamworth. It is a predominantly wet led community pub with the benefit of letting rooms.
Trading areas
Benefiting from an open plan trading area the pub comprises of lounge & central bar. A further key feature is the small function room with capacity for approx 20-30, however should the pub team games develop further could be utilized as a pool room. There is potential also to exploit the opportunities from the 5 letting rooms at the pub- 2 of which are ensuite- they provide an excellent platform for an operator to build this side of the business by letting these rooms to contractors to the area
Private Accommodation
Comprising of 1 bedroom (or possibly use one of the letting rooms) and large living room.
Customer Base
Situated in a mixed area of light industry and residential housing, the Albert although currently closed has in the past traded as a community pub popular with a mix of locals, pensioners and games teams.
Business Potential
There are many opportunities to build the business at the Albert ranging from developing and encouraging pub games teams, and entertainment in the pub to utilizing the kitchen facilities to introduce a small food offer.
Successful Applicant
The Albert Hotel needs a local operator that is at the heart and soul of the community and they will be the reason that people visit this outlet, and stay for their company.
Ingoing Costs
Ingoing costs will vary per outlet but will include:
- Fixture & Fittings
- Stock & Glassware
- Business Deposit
- Training & Business Development Fee
- Working Capital projection
Training & Development Provided
Introduction to Marston's Pubs Workshop is a comprehensive 1 day workshop to help prepare you to take over your Pub and get off to a flying start.
Dedicated Business Development Manager to assist and guide you should you need it.
Support we give you
- Bi-monthly Business and Finance Review Meetings
- 3rd Party Stocktakes
- 3rd Party Accountancy Support for the 1st year
- Marketing & Sales support
- Barrelage Pricing Deals
- Business Development including award winning training courses
- Customer services team
Marston's Statement
In many instances, our pubs sit at the heart of the community and are located right across the UK. Our portfolio includes locals, destination food led, rural community/food led, town centre and those with letting rooms. Varying in style and size, no two Marstons pubs are the same except for the fact they serve quality Marston's beers and our licensees are partnered with a company with history, heritage and tradition. The agreements on offer are tailored to suit the pub, suit the operator and reflect the market conditions. As life changes, so does Marston's. You're offered help and support in every area of your business as we want to help you be successful. Running your own pub business is challenging and hard work but the rewards can be immense. It's your business, your home and your social life rolled into one.
Misrepresentation Act 1967
These marketing particulars are provided as a general guide to the property.
Misdescriptions Act 1991
These particulars shall not form part of any offer or contract and no guarantee is given as to the condition or the accuracy of its description.
An intending tenant or lessee is not to rely on any representation made in these particulars and must satisfy themselves as to their own investigations before entering into contract.
All measurements, areas and distances are approximate only.
Please note that Marston's Pub Company give no assurances or warranty, either expressed or implied, so far as the previous trade is concerned and any prospective tenants/lessees must rely on their own advise and opinion as to the trading potential of this property.
The vitals...
| Fair maintainable trade ? | £120,000 |
|---|---|
| Rates payable | £3,766 |
| Training fees | £700 |
| Working / investment capital | £5,000 |
| Security deposit | £4,000 |
| Stock & glassware | £3,000 |
| Fixtures & fittings | £15,000 (Payment Plan available) |
| Capital requirement | £10,001 - 15,000 |
| Category | Community (Wet led) |
| Agreement | Agreement negotiable |
About the area...
