The Hamstead Pub in Birmingham is a welcoming, traditional British pub with a strong community vibe. Located on Green Lane, it’s a popular spot for both locals and visitors, offering a relaxed atmosphere perfect for casual drinks and meals.
Internally you will find a large 'U Shaped' bar serving around 60 covers in the Dining area and an additional 30 covers in the bar area. The Hamstead operates a large amount of activities through the week with everything from board games nights to disco afternoons and music quizes.
Externally there is a covered area for circa 40 covers equppied with a large screen for sports viewing alongside a further 40 benches around the site.
The onsite trade kitchen is well equipped to serve the site and a large currently unused function room upstairs provides huge opportunity for expanding the food trade.
Forecast Turnover: £751,893.99
Year 1 Rent: £0.00
Guide Rent: £62,000.00
Initial Deposit: £15,500.00
Full Deposit: £15,500.00
Full Tie Release: £49,500.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £30,715.00
Working Capital: £52,622.00
Stock & Glassware: £10,000.00
Cash Float: £3,000.00
Turnover Rent: £15,127.69
Turnover Rent %: £2.00
Forecast Wet Turnover: £551,042.76
Forecast Dry Turnover: £183,680.74
Forecast Other Turnover: £17,170.48
This site is in excellent condition perfect for a publican who has a combination on experience and passion to help this site grown its already established position within the local community.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
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.
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