If you are looking for managed partnership pubs in Stourbridge, The Gigmill is available !
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Managed Partnership Pubs In Stourbridge – The Gigmill Is Available !
The Gigmill is the pub that has everything required to be a thriving community pub. Set in a good surburb of Stourbridge. It is located in a prominent position, and is surrounded by high quality housing, amenities, and playing fields. First and foremost it is a fantastic wet led community pub, that is great to meet friends and have a drink together. It is also great sports pub with an easy to operate adjoining bar, a well equipped and good zoning for drinkers, diners and sports fans, and if that wasn’t enough there is a pool and darts area.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Gigmill Stourbridge
The Gigmill is the pub that has everything required to be a thriving community pub. Set in a good surburb of Stourbridge. It is located in a prominent position, and is surrounded by high quality housing, amenities, and playing fields. First and foremost it is a fantastic wet led community pub, that is great to meet friends and have a drink together. It is also great sports pub with an easy to operate adjoining bar, a well equipped and good zoning for drinkers, diners and sports fans, and if that wasn’t enough there is a pool and darts area.
For operators looking to host community parties and events there is also a function area, that can be screened off and is very popular, which currently has a minimum of 3 bookings a week. In the warmer months the Gigmill has some excellent outdoor space too. There is a lovely large raised patio, a beer garden and a seated smoking shelter. Currently trading around £4,000 a week, and a 85/15 wet to food split – the pubs still has plenty of room to grow.
Marston’s are looking for a positive, friendly operator or team to be a central figure within the community. They need to have the drive and passion for running a great local pub to a high standard. They need to enjoy and promote all the aspects this great pub has to offer.
The Opportunity
What’s in it for you?
- 20% share of weekly wet sales, excluding VAT.
- Keep 100% of the food sales.
- Low ingoing costs, starting with just a £5,000 deposit and £360 legal cost. See ‘Things to consider’ for more information.
- Accommodation included with most bills covered, except the council tax & TV License.
- All of your wet stock, and all associated consumables are supplied by Marston’s, although you will be responsible for managing it once it has been delivered.
- Comprehensive induction training and ongoing support and training.
- A dedicated Area Manager supporting you to help you grow the business.
- Access to our 450 strong-support teams whenever you need them – including Marketing, Recruitment best practice and Food and Drink specialists.
- All our Pub Partners get access to our FREE Learning, Development and Training platform Campus (a package worth over £300!).
What’s expected from you:
Our pubs are the heart of the community, bringing communities together by serving great drinks and fantastic events. It’s a proven business-model, perfect for either someone looking to take on a pub for their first time or more experienced operators to drive sales, standards and guest experience.
In addition to the £5k security deposit required for this agreement, you will need to cover legal costs (£360), and your own insurance (except building insurance, which we’ll cover). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters.
Before we all sign the agreement and see you heading into a whole new life, you’ll just need to show us proof that you’ve had independent financial advice from an accountant and solicitor and have completed a sustainable business plan, in accordance with the Pubs Code. And, of course, obtain your personal licence (which we can help with) and complete your induction training.
It’s a five-year commitment, so you have loads of time to build the business and get it performing brilliantly!
Private Accommodation
Private Kitchen
Yes
No of Double bedrooms:
2
No of Single bedrooms:
1
No of Reception rooms:
1
No of Private bathrooms:
1
Office
Yes
Financial Information
average weekly take is £4k.
security deposit is £5k.
plus 360 (plus VAT) in legal fees.
Your Local Partnership would mean you will take home 20% of the weekly take and 100% of the food take as it would be your own menu.
The Gigmill Stourbridge
For operators looking to host community parties and events there is also a function area, that can be screened off and is very popular, which currently has a minimum of 3 bookings a week. In the warmer months the Gigmill has some excellent outdoor space too. There is a lovely large raised patio, a beer garden and a seated smoking shelter. Currently trading around £4,000 a week, and a 85/15 wet to food split – the pubs still has plenty of room to grow.