Are you looking for free of tie pubs in the Solihull area ? Why not run ‘The Navigation’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Navigation is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Free Of Tie Pubs In Solihull – The Navigation Is Now Available
Overview of Navigation
The Navigation Inn is an attractive traditional country pub in Warwickshire, taking pride in their great quality ales, varied wines and fresh home cooked food. To the side, there is a tarmac car park with space for 60+ vehicles whilst to the rear there is a raised, paved, covered patio, a magnificent canal side, grassed beer garden and adjacent field. The pub currently offers ample space for private events; from the snug that can offer space for 27 covers, in a more relaxed environment, to the garden, that is directly on the Grand Union canal offering a picturesque setting to enhance the event. We are currently seeking an experienced publican to continue the success of this beautiful pub and continuing to develop its reputation within its local area.
Indoor trading area
The entrance from the frontage leads via a large entry lobby into the first of three trading areas, namely the public bar with flagstone floor, ceiling beams, timber servery, fixed pew bench seating and feature wood burning stove, this room oozes character. Off this, and up two steps to the left-hand side is the snug which has more of a lounge feel. Again, having fixed pew bench seating and a wood burner, this area, which has a boarded floor, can be an overspill to either the bar or for dining. The third and final room, which lies to the rear, is the restaurant with a mix of boarded and quality tiled floor, a return access to the timber bar servery, a heavy central beam, this room is fitted to a very high standard and comfortably seats 36 diners. Adjacent to this is the good sized fully fitted trade kitchen and preparation room which includes a walk-in fridge.
Outdoor trading area
The fabulous large grassed beer garden which lies to the rear of the pub is what sunny summer days were made for. There is also a partially covered paved patio area, and car parking for 60+ vehicles. The beautifully presented garden overlooks the canal, creating the perfect environment for alfresco dining.
Your living accommodation
Located on the first floor this consists of a kitchen, living room (currently used as an office), bathroom, a single room and two double bedrooms.
Surrounding area
The Navigation Inn fronts the B4439 Old Warwick Road, which runs more or less parallel with the M40, between Lapworth and Rowington and immediately adjacent to Bridge 65 on the attractive Grand Union Canal. Lying around seven and a half miles from both Solihull to the North West and Warwick to the South East, this is an attractive, affluent and highly desirable setting. Packwood House and Baddesley Clinton, two fine and popular National Trust properties are within very close proximity. The pub itself is situated amongst the countryside and a small amount of housing, creating the perfect stop of location for tourists, or families to the local area for a relaxing drinking and dining experience.
Local competition
Boot,Old Warwick Road, Solihull, B94 6JU (0.6 mi)
Punch Bowl,Mill Lane, Solihull, B94 6HR (0.8 mi)
Orange Tree Inn,Warwick Road, Solihull, B93 0BN (1.7 mi)
Fleur De Lys,Lapworth Street, Henley-In-Arden, B95 5HJ (1.9 mi)
Cock Horse,Old Warwick Road, Warwick, CV35 7AA (2 mi)
The Navigation Solihull
Potential Turnover
£656,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £55,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND E
The proposed agreement: Partnership Incentive Lease
Your Incentive: £86,000.00
Your Incentive Volume Target: 1800 brewers barrels (36 gallons)
The incentive payment is calculated by a lump sum plus a volume related bonus. Payable upon achieving a minimum volume target on the 10th anniversary of the lease. If you fail to achieve the target no incentive payment will be made; if you exceed the target your incentive payment will grow.
(Key terms available online here).
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£20,750.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £55,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£30,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£45,750
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
Regional Manager’s thoughts on the Navigation
We are proud to offer this well-presented pub and restaurant to market. Our ideal publican will have experience of running similar establishments and be able to deliver a high-quality menu and invest in vital areas of the business. I have been successfully working with publicans and developing strong food led offers at unbranded destination businesses for over 20 years. I can help support you grow your business through industry accreditations, knowledge to help you drive sales, food safety standards, menu development feedback and wet sales category management. I am also here to support you across many areas of your business, encouraging and guiding you along the way.
John, Regional Manager
