The Malt Shovel has been well maintained throughout and is a well establish community pub in Leegomery, on the outskirts of Telford. It is located just off a busy arterial road called the Queensway in an estate with a good mix of older housing plus newer housing development. Located nearby in Leegomery and Hadley there are residential areas with shops that are within short travel distance from the pub as well as light industrial areas. Within one mile radius of the pub there are 4873 households.
Pub Layout
The Malt Shovel has great road side appeal having a carpark and a patio area for external drinking. This pub has a central entrance with access to both trading rooms and an additional side entrance. When entering the pub you are welcomed into the cosy lounge area which features a log fire for those winter days and consists of seating for approximately 30 people, there is a central bar which services both the lounge and bar area and offers a variety of beer, cask ale, wine and spirits. This room also provides access to the kitchen and ladies and gents toilets. The bar area is the team’s part of the pub catering for approximately 20 people this makes a fantastic space for dominoes nights and quizzes. Within the bar there is a log fire and separate gents toilets. Externally, there is a carpark that holds 12- 15 cars and a long patio area with pop up marquee for outside drinking/dining. The décor is of a high standard and in keeping with this very traditional pub. Both the bar and the lounge each have a projector with retractable screen for television viewing.
The private accommodation consists of two bedrooms, sitting room, kitchen and bathroom decorated to a very high standard.
Annual Rent: £22,500
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.
This is a great example of a community focused pub and would welcome a local person who is familiar with running a similar style pub. A strong marketing plan is essential for ensuring the pub is busy seven days a week whilst continuing to work with local sporting teams.
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
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