The Junction Inn is situated in a prominent position, in the centre of Oldbury Town Centre. Oldbury is a town in the West Midlands and is part of the “Black Country”. It’s part of Sandwell District council and 6 miles from Birmingham City Centre. Oldbury is a busy High Street and the population within 1 mile of the pub is over 19,000. The Junction is literally at the heart of the town, sitting on a corner plot which is passed on both sides by traffic and therefore has a prominent location. It has an established business, with a good reputation.
Pub Layout
The Junction comprises of one large room, which is light and airy. The pub has a good selection of fixed seating with a defined bar area. Next to this area there is a pool table and some additional seating, and there is a large open fire which in the winter gives this pub a cosy feel. The pub has a cobbled external trading area to the front of the pub. It doesn’t have a car park, however there’s plenty of parking in the area, with a large council run car park just two minutes down the road. Most customers however live and work in the immediate area, so there’s no need to worry about parking.
The first floor comprises of two good sized bedrooms and an extremely large lounge and indeed a large domestic kitchen/diner. In addition, there’s a bathroom and toilet. This area of living accommodation is in an acceptable condition. The top level of the pub has an additional four bedrooms and a bathroom; however, this floor hasn’t been used in years and is in poor condition at present.
Annual Rent: £11,000
Security Deposit: £5,000
Working Capital: £3,000
Stock: £3,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
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.
This pub would be a great starter pub for someone venturing into the hospitality sector. Being a one-room operation, it doesn’t require lots of staff, rather it needs someone who is a brilliant host and can provide the community with a great pub. The ideal licensee will ideally know the area and have the skills to market, promote and grow the wet offer, grow sports teams and launch entertainment, including live music. Pride, passion, personality, an eye for detail, focus on great standards are a few of the key skills we are looking for in a potential licensee.
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.
Love Your Pub is a multi service hospitality platform which includes a social media agency, pub recruitment channel, guide and much more. Listing your pub with Love your pub on the guide and taking advantage of our social media management service will boost your visibility as Love Your Pub is the biggest online hospitality guide there is. Alongside our guide and social media package we offer a range of pub support, pubs on the market and much more.
The Love Your Pub Group ®, “Pierre The Pug” ® & Follow Pierre ® are licensed trademarks of Hardys Consultancy Ltd. All written content and imagery appearing on this website & third party social media pages which we provide services for remain the intellectual property of Hardys Consultancy Ltd both during & after any services we have provided to our clients. If you wish to use any of our material from this site and our archives, please contact us to obtain both permissions & rate cards for external use.
