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Riddins Tavern Cradley
Price:
Leasehold - £10,000
Seller Ref:
1068
Location:
West Midlands , Cradley Heath
Business Type:
Pubs
See Other:
Public houses for sale in West Midlands
Pubs for sale in West Midlands
Pubs for sale in West Midlands
Description:
THE BUSINESS:
Back street boozer available on our Tracker Agreement
Easy to manage one room operation
Should go back to being the original locals Tap Room
Surrounded by residential housing
Ideal for a community minded operator able to cater to the needs of the community
The Riddins Tavern is situated on a council housing estate, this is located close to and parallel with the main shopping street of Old Hill, a Black Country town close to a school. There are games such as pool and darts.
Available on our Tracker Tenancy agreement at a rent of £55 per barrel with £90 per barrel off invoice discount.
The Riddins Tavern is in need of some internal improvements such as décor but is a cosy one room operation that wraps around the bar area which allows this site to have a low wage overhead and is easy to manage for a single operator. The key strength of the bar is the large open log burning fire which is currently underutilised as a key selling point which would attract the OAP market that surrounds the property. Outside the pub benefits from a beer garden with seating and a smoking area.
The Riddins Tavern attracts an older customer base from the local area and is popular with OAP’s in the community.
This pub needs to go back to being the original locals tap room to give this site some well deserved recognition.
The pub would suit somebody that knows the local area and can handle the community in the right manner that will see the potential this pub has to monopolise the local area.
Lease Terms:
http://www.marstonspubcompany.co.uk/RunYourOwnPub/TrackerAgreement.aspx
Accommodation:
Private accommodation consists of 3 bedrooms.
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