If you are looking for managed partnership pubs in Wolverhampton, The Castle is available !
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Managed Partnership Pubs In Wolverhampton – The Castle Is Available !
Managed Partnership Pubs In Wolverhampton – The Castle Is Available !
The Castle Inn is a popular community pub benefiting from a guest base of returning regular customers, located at the heart of a large residential area in Wednesfield, Wolverhampton. This large site benefits from a dining area of 60 covers, a snug seating 20 and the bar seating an additional 40 covers, and is the perfect venue for families and diners.
The Castle is a hub for the local community and benefits from Sky Sports as well as local sports teams including crib, dominoes, pool and darts. The site currently trades at £14,000 per week on average, with 40% of the sales coming from the food side of the business and would suit an experienced operator.
An experienced community operator with a food background or individual with a proven record of developing an excellent management team.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Castle Wolverhampton
The Castle Inn is a popular community pub benefiting from a guest base of returning regular customers, located at the heart of a large residential area in Wednesfield, Wolverhampton. This large site benefits from a dining area of 60 covers, a snug seating 20 and the bar seating an additional 40 covers, and is the perfect venue for families and diners.
The Castle is a hub for the local community and benefits from Sky Sports as well as local sports teams including crib, dominoes, pool and darts. The site currently trades at £14,000 per week on average, with 40% of the sales coming from the food side of the business and would suit an experienced operator.
An experienced community operator with a food background or individual with a proven record of developing an excellent management team.
If this is not the pub for you do you know someone who is? If so, let us know using our Refer a Friend scheme and if successful in being placed in the pub we will give you a £1,000! (Terms & conditions apply)
The Opportunity
What’s in it for you?
- A guaranteed annual retained sum of £25k, released weekly.
- 22% share of weekly sales, excluding VAT.
- 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 stock, including food, 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!)
- If you do want to leave early, there’s always the option of six months’ notice with a ‘break’ clause in the contract.
What’s expected from you:
Our pubs are at the heart of the community, bringing locals and the communities together by serving great drinks, perfect food and fantastic events. It’s a proven business-model, perfect for skilled publicans or retail manager with food experience, who can 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:
0
No of Reception rooms:
1
No of Private bathrooms:
1
Office
Yes
The Castle Wolverhampton
Financial Information.
Deposit: £5,000
Legal Fees: 3360 plus vat
Average weekly sales: £14,000
Agreement type: Community Wet Partnership
Turnover share: 22% of weekly sales plus guaranteed retained sum of £25k released weekly
An experienced community operator with a food background or individual with a proven record of developing an excellent management team.
