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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