If you are looking for pubs to lease in Shropshire, The Watergate is available !
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Pubs To Lease In Shropshire – The Watergate Is Available
The Watergate is located on the main busy pedestrian walkway in the bustling town centre of Whitchurch is ideal for attracting a diverse range of customers. The surrounding area, with its mix of boutique shops, coffee shops, gift shops, pubs, and restaurants, creates a vibrant and attractive atmosphere, making it a prime spot for both locals and visitors to gather and enjoy. Whitchurch is a market town in the north of Shropshire, which lies two miles east of the Welsh border and two miles south of the Cheshire boarder.
Pub Layout
A large one-room trading area having a large, impressive bar, it has comfortable seating at the front, and the pool table is situated towards the rear of the pub as well as the DJ booth and dance floor.
Because the pub is situated in the pedestrianised area, we have a table licence and are able to layout tables and chairs in front of the pub so customers can enjoy the sunshine.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Watergate Shropshire
The offer at the Watergate is a value wet led drinks offer with key promotions monthly to drive footfall increase as well time and encourage repeat customers, as well as welcoming thousands of tourist who regularly visit this great area there is weekly entertainment with local artists preforming and DJs on Friday and Saturday evening to cater for the late night crowd, The pub also benefits by the having a local pool team, weekly quizzes, and competitions throughout out the week and at weekends has a 2 am late licence and boasts the finest DJ’s in the area which makes the pub popular with all age groups
Private Accommodation
The very spacious accommodation is above the pub consisting of separate Kitchen, Lounge, three bedrooms and bathroom with the office space situated on the ground floor
Pubs To Lease In Shropshire
Security deposit – £2,000
This opportunity is for you to run your pub as a self-employed manager. Admiral Taverns take care of all the running costs including rates, utilities, stock and day to day running costs whilst you take home a %age of the weekly sales, you are responsible for paying all employment costs relating to your staff and any council tax for the residential quarters.
No rent applicable on this agreement.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Ingoing Cost: 2000
Annual Cost: 0
The Watergate Shropshire
We are looking for entrepreneurial, motivated, pub-loving individuals who can run a successful business and enjoy all aspects of the hospitality industry. The operator will work with the local community engaging the local residents and businesses. They must display passion and drive to succeed and will put their team and their community at the heart of everything they do.
