Pubs for sale in Walsall

View the "RETAIL OPPORTUNITY -Anchor" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Asking price: Price on Application
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Business Description
OVERVIEW

The Anchor is a large family-friendly community pub offering our company Urban menu. The business benefits from occupying a main road, canalside location.

TRADING AREA AND PRIVATE ACCOMMODATION

The Anchor is a large one room operation with separate areas for dining and drinking. The pub also has a kids zone and a section for pool/darts plus Sky Sports. Internally the Anchor is in good condition throughout. Outside there is a smoking shelter which backs onto a garden.
The private accommodation consists of three bedrooms, a lounge, a kitchen and a bathroom, all of which are in reasonable decorative order.

LOCAL AREA AND CUSTOMER BASE

The local area is made up of mixed residential housing and new apartment buildings around Brownhills. The road the pub is situated on leads into Brownhills town centre and there are good local schools nearby.

The pub currently attracts local residents from the large surrounding estates and some passing trade. The Anchor does well with live entertainment, charity events and utilising the great beer garden along with sky sports. There are sports teams at this site however this is an area for more development by the new retailer.

BUSINESS POTENTIAL

The Anchor currently trades at £7,000 per week. There is a great food opportunity at this pub which the new retailer should look to enhance. The pub should be trading at over £10,000 per week and has the potential to achieve £12,000-£14,000 in weekly sales. There is a solid core trade and by focusing on consistency of standards, quality and service this business can improve further still.

The successful candidate would be a charismatic individual/couple who can relate to the needs of the local community. They would have good listening skills and look to encourage both customers and staff with new ideas. They would also be able to organise and plan big events for charity, get involved with the local teams, determine suitable entertainment and develop a sales culture with their team to maximise upselling opportunities.

Agreement
This pub is available on our retail agreement:
• A five year agreement
• Rent free
• You retain 22% of all sales made
• We pay for all repairs, investment, bills, stock and property insurance
• You pay your staff and council tax on the private accommodation
• Training is provided free of charge
• A £5,000 security deposit and £360 legal fees apply
• You will be required to obtain independent advice from a qualified accountant, RICS qualified surveyor and qualified solicitor at your own cost
Downloadable Documents

Listed by: Marstons
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