If you’re looking for a pub tenancy in Coventry, run The Railway Hotel !
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Pub Tenancy In Coventry – Run The Railway Hotel
The Railway Hotel is a brilliant wet volume pub with established cask trade appealing to wide sections of local community. The smaller food offer is a perfect opportunity to attract additional trade from the local community and those wishing to watch live sport. The pub is in fantastic condition both internally and externally, appearing modern yet holding its traditional pub feel. The outdoor space has a beer garden, children’s play area and smoking area, with a potential of up to 50 covers. This community pub traditionally has live sport, regular entertainment, and pub teams, with a separate room for a large pool table and darts area.
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Private Accomodation
The spacious private accommodation consists of three bedrooms, two bathrooms, a lounge and a kitchen, all in decorative order.
Forecast Turnover: £376,238.10
Year 1 Rent: £0.00
Guide Rent: £27,000.00
Initial Deposit: £0.00
Full Deposit: £6,750.00
Full Tie Release: £45,500.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £12,000.00
Working Capital: £16,500.00
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £316,662.97
Forecast Dry Turnover: £59,575.13
Forecast Other Turnover: £0.00
The pub hosts a good volume of customers, so requiring the skills to drive wet trade is extremely beneficial in this venue. There is a large community focus as the space acts as a hub for the surrounding local areas, including a large interest in live sport and pub teams. There is an opportunity to grow the food offer further at the Railway.