The Black Horse is situated at the top end of Long Street which is the main retail and hospitality street in Atherstone town centre. Atherstone is a market town in north Warwickshire close to the boarder with Leicestershire lying between the nearby towns of Tamworth and Hinkley. The local population is a little over 11,000 people all within a short distance of the town centre. The Black Horse is an existing opportunity for a new licensee to build on an already well-established local drinks offer and destination food offer. The pub has had a good food and cask ale reputation and has done so for many years.
The pub has two main trading rooms of a similar size, a traditional bar, and a dining room. The pubs main entrance leads off the main street into a lobby with access to the bar through to the dining area. There is also another entrance from the car park straight into the dining area if guests prefer. The bar has solid wooden furniture, with a mixture of benched and loose seating ideal for socialising, alongside a darts run with the bar lending itself to vertical drinking and looking out over the front of the pub. Both trading rooms are served by a central bar ideal for keeping staffing levels low as both bars can be served simultaneously. The dining area has softer furnishings both fixed and loose along with the servery and access to the courtyard and rear garden. A large well appointed catering kitchen is adjacent to the main dining area. To the rear of the pub is a fantastic roofed courtyard ideal for both eating drinking and small functions. This leads out through a small walled garden to a marquee that is currently used by our licensees for functions throughout the year.
This consists of two bedrooms a family bathroom, sitting room and kitchen.
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £2,000
Stock: £2,500
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Admiral Taverns are looking for a licensee who can build upon the strong foundations already established at the Black Horse. The pub needs to expand its function trade, whilst the existing loyal customers should be retained and well looked after. There is an opportunity to add additional teams and a rhythm of the week to include a quiz, at the weekends and monthly larger events in the marquee. A good targeted food offer which Admiral can support could be really well received attracting especially new customers and families. The pub should become the focal point of the town and retail its community focus.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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