If you are looking for pubs to let in Birmingham, you could run The Tap & Spile !
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Pubs To Let In Birmingham – Run The Tap & Spile !
Pubs To Let In Birmingham – Run The Tap & Spile !
The Tap and Spile is a fantastic business with a great reputation for live entertainment, quality food and strong cask ale offering. Positioned on canal street, the pub currently trades across three floors; on the ground floor is the main bar which can seat 30 covers and the restaurant which overlooks the canal with seating for 40 covers. The top floor offers another bar, another 40 covers and space for live music events. Externally, the pub offers plenty of bench style seating with amazing views of the canal basin. The private accommodation is spread across two floors and holds three bedrooms, a lounge, kitchen and shower room with a toilet. Stonegate Pub Partners are now seeking an experienced operator who has catering skills to continue the established trade. Due to the pubs late night license from 10am-4pm, entertainment is a key driver here so the new publican should look to continue this.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Tap and Spile is a fantastic business with a great reputation for live entertainment, quality food and strong cask ale offering. Positioned on canal street, the pub currently trades across three floors; on the ground floor is the main bar which can seat 30 covers and the restaurant which overlooks the canal with seating for 40 covers. The top floor offers another bar, another 40 covers and space for live music events. Externally, the pub offers plenty of bench style seating with amazing views of the canal basin. The private accommodation is spread across two floors and holds three bedrooms, a lounge, kitchen and shower room with a toilet. Stonegate Pub Partners are now seeking an experienced operator who has catering skills to continue the established trade. Due to the pubs late night license from 10am-4pm, entertainment is a key driver here so the new publican should look to continue this.
Key Features
- Fantastic location in the centre of Birmingham
- Popular pub for cask ale, quality food and live entertainment
- Traditional pub spread over three floors
- Three bedroom private accommodation
- Discounts of up to £130 per barrel but has an average of £110 per barrel
Surrounding Area
The Tap and Spile is extremely well positioned with its central location just off Broad Street which is one of Birmingham’s main city centre entertainment zones. The area is also part of the Regency Wharf development adjoining Gas Street canal basin, close to major venues such as the Symphony Hall, ICC and NIA. There are heaps of trading opportunities with the pubs strong location, additionally with the close proximately of Brindley Place; an office and leisure quarter and the Mailbox, fronting one of the busiest evening entertainment areas in the city.
Business Information
Agreement:
Fixed Term Tenancy
Guide Rent:
£55,000 pa
Potential Turnover:
£741,000 pa
Fixtures / Fittings:
Est. £25,810
Capital Startup:
Est. £19,500
Agreement Fee:
£750
Potential Full Tie Release Fee:
£70,500
Regional Manager’s Thoughts
The Tap and Spile is a fantastic opportunity for an experienced operator to take on a busy, well-established pub located off one of the busiest streets in Birmingham City Centre. Due to the location, there are plenty of trade to capture due to its prime positioning however the pub is popular with locals and those from the nearby offices who visit frequently for the quality food and drinks offers and it’s live music.
