Pubs On The Market v2.0

Tap & Spile Birmingham

West Midlands

10-16 Gas Street, Birmingham, West Midlands B1 2JT, UK

The Tap and Spile is a fantastic business with a great reputation for live entertainment, quality food and strong cask ale offering. Positioned on canal street, the pub currently trades across three floors; on the ground floor is the main bar which can seat 30 covers and the restaurant which overlooks the canal with seating for 40 covers. The top floor offers another bar, another 40 covers and space for live music events. Externally, the pub offers plenty of bench style seating with amazing views of the canal basin.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Gallery

Everything about the Pub

The Tap and Spile is extremely well positioned with its central location just off Broad Street which is one of Birmingham’s main city centre entertainment zones. The area is also part of the Regency Wharf development adjoining Gas Street canal basin, close to major venues such as the Symphony Hall, ICC and NIA. There are heaps of trading opportunities with the pubs strong location, additionally with the close proximately of Brindley Place; an office and leisure quarter and the Mailbox, fronting one of the busiest evening entertainment areas in the city.

Private Accomodation

The private accommodation is spread across two floors and holds three bedrooms, a lounge, kitchen and shower room with a toilet.

Agreement Fee: £750.00

Cash Float: £2,000.00

Fixtures & Fittings: £25,810.00

Forecast Turnover: £741,373.96

Full Deposit: £13,750.00

Full Tie Release: £70,500.00

Guide Rent: £55,000.00

Initial Deposit: £0.00

Repair Fund: £4,000.00

Stock & Glassware: £3,000.00

Working Capital: £34,000.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £125,381.07

Forecast Other Turnover: £0.00

Forecast Wet Turnover: £615,992.90

Additional Info

Ingoing Cost: £34,000.00
Annual Cost: £55,000.00

Agreement Type: Fixed Term Tenancy

The Tap and Spile is a fantastic opportunity for an experienced operator to take on a busy, well-established pub located off one of the busiest streets in Birmingham City Centre. Due to the location, there are plenty of trade to capture due to its prime positioning however the pub is popular with locals and those from the nearby offices who visit frequently for the quality food and drinks offers and it’s live music.

Contact

Contact The Love Your Pub Team:

Contact number: 01329 227488

Contact email address: info@loveyourpub.co.uk

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MISREPRESENTATION ACT 1967

The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.