Eagle Vaults, Marston's - Worcester

Price:

Other - £4,000

Seller Ref:

1209

Location:

Worcestershire , Worcester

Business Type:

Pubs

See Other:

Public houses for sale in Worcestershire
Pubs for sale in Worcestershire
Pubs for sale in Worcestershire

Description:

THE BUSINESS:

Refurbishment planned

Positioned in Worcester city centre with good 'circuit' trade

Separate upstairs Function/Dining Room

Pavement Licence

Listed building

Available on our Retail Agreement where there is no rental charge and your income is based on a share of turnover (circa 20%). Marston’s covers all running costs except for staffing.

The Eagle Vaults is a town centre pub with a strong trade in cask ales and a new good quality food menu.

The Eagle Vaults is a one room operation downstairs and with a function/dinning room on the first floor. There is a refurbishment planned to enhance the listed property. The dinning facilities will include and upstairs kitchen, with 60 covers on both floors. There is a pavement licence which enables another 16 covers outside in the pedestrian street.

The customer base is varied attracting shoppers, office workers and tourists during the day and early evening while at night changing to a ‘circuit’ venue. The pub is well positioned to attract all ages, and a good opportunity to attract diners and traditional cask ale drinkers - especially tourists.

Significant rises in trade can be achieved with a committed and enthusiastic operator. The planned refurbishment and new menu will need to be developed by a retailer with good marketing and excellent standards.

The Pub is situates in Worcester City centre and is directly in the restaurant, drinking and circuit area. There are a number of local attractions that pull visitors from all over the world including the Cathedral and the River Severn.

This business will appeal to a couple who have a ‘town centre’ background; good catering skills; and are excellent cask ales keepers - preferably ‘Cask Marque’. Successful applicants will need to have the ability to re-market the pub to achieve its true potential.

Lease Terms:

http://www.marstonspubcompany.co.uk/RunYourOwnPub/RetailAgreement.aspx

Accommodation:

Private accommodation consists of 2 bedrooms and bathroom on the second floor all in good decorative condition.