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The Town Wall Tavern is one of Coventry's oldest pubs, in the heart of the city centre it has kept its traditional charm and is well-known for it's real ale offering. This historic pub has a multi-room operations with a U shaped bar that serves multiple rooms. The pub is known for it's food offering of traditional pub food, the site has a good sized trade kitchen and dining area for 30 covers. There is a small patio area to the rear of the property with bistro external seating. The pub is located near the Belgrave theatre with lots of opportunity for passing trade of the city centre.
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Well-presented living accommodation.
Forecast Turnover: £571,286.47
Year 1 Rent: £0.00
Guide Rent: £35,000.00
Initial Deposit: £0.00
Full Deposit: £8,750.00
Full Tie Release: £52,750.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £20,000.00
Working Capital: £26,000.00
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £429,278.46
Forecast Dry Turnover: £142,008.00
Forecast Other Turnover: £0.00
This is a brilliant opportunity in a well-located area of Coventry city centre. Being one of the oldest pubs in Coventry the Town Wall Tavern hosts both tradition and charm that is popular with customers of all age groups. There is a strong food offering here which can be expanded on with the right operator, looking to make a mark on creating a well-branded city centre pub.
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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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