The Ye Olde Black Cross is a traditional pub dating back 375 years and is full of character. It is currently trading with a very successful wet offer and hosts several games teams and is a well-known live music venue within Bromsgrove.
TRADING AREA AND PRIVATE ACCOMMODATION
The trading area consists of two main bars and a separate games area which has a pool table and a darts board. The pub is traditionally decorated with exposed beams, low ceilings and an open fire. The rear lounge has a mix of fixed and dining seating. Both the bar and lounge areas are served from the central bar. The pub is in good condition.
The private accommodation offers two bedrooms, two bathrooms, a kitchen and living room. There are six other rooms which have been used as letting rooms in the past – these would be discussed with candidates at interview.
LOCAL AREA AND CUSTOMER BASE
The pub is located in the bustling town of Bromsgrove, Worcestershire. The pub is located near tourist attractions such as Avoncroft Museum of Historic Buildings.
The Ye Olde Black Cross has a loyal local customer base with an equal mix of male and female customers. Live music attracts a lot of customers, and the pub is well known for this in the area. The pub is well supported by games teams and the only area of the business requiring development is a food offer.
The pub is currently trading very well at £8,000 per week gross, wet only. The business could be further developed with the introduction of a food offer and a full events calendar.
The successful operator will be experienced in the pub trade and it is a must that they have experience in stock control.
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
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