If you are looking for pubs to let in Coventry, you could run The Old Clarence !
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Pubs To Let In Coventry – Run The Old Clarence !
Pubs To Let In Coventry – Run The Old Clarence !
The Old Clarence is a large and traditional pub prominently positioned on a main through road in Coventry. This is a fantastic opportunity for an experienced publican to take on well-known pub with an established customer base. There is a large trading area which can seat up to 80 people and significant casual drinking space. There are gaming machines and a pool table with a well-stocked and functional bar and Sky and BT Sports on offer across several TV screens. There is scope to host functions and a cosy lounge area which leads out into the garden area. A well-equipped kitchen is also on site which allows for a full menu to be offered. Externally there is a great outdoor area with 40 covers and is easy to maintain. The beer garden is visible from the main internal areas which makes it feel part of the pub. The private accommodation comprises of three bedrooms, a lounge, bathroom, kitchen and lounge ideal for a small family or couple.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pubs To Let In Coventry – Run The Old Clarence !
About the Pub
The Old Clarence is a large and traditional pub prominently positioned on a main through road in Coventry. This is a fantastic opportunity for an experienced publican to take on well-known pub with an established customer base. There is a large trading area which can seat up to 80 people and significant casual drinking space. There are gaming machines and a pool table with a well-stocked and functional bar and Sky and BT Sports on offer across several TV screens. There is scope to host functions and a cosy lounge area which leads out into the garden area. A well-equipped kitchen is also on site which allows for a full menu to be offered. Externally there is a great outdoor area with 40 covers and is easy to maintain. The beer garden is visible from the main internal areas which makes it feel part of the pub. The private accommodation comprises of three bedrooms, a lounge, bathroom, kitchen and lounge ideal for a small family or couple.
Key Features
Popular pub with a strong local trade
Live Sport and pub games
Well-equipped trade kitchen onsite
Three bedroom private accommodation ideal for a family
Discounts of up to £170 per barrel but has an average of £140 per barrel
Surrounding Area
The Old Clarence sits near an affluent part of Coventry on a busy road opposite residential housing and close by to restaurants and bars in Earlsdon village. The city centre is just 1.5 miles away and Coventry train station is less than a five minutes’ drive. Due to the pubs prominent location, there are lots of potential trading opportunities for those passing by.
Business Information
Agreement:
Fixed Term Tenancy
Guide Rent:
£42,000 pa
Potential Turnover:
£495,000 pa
Fixtures / Fittings:
Est. £4,000
Capital Startup:
Est. £21,250
Agreement Fee:
£750
Potential Full Tie Release Fee:
£38,750
Regional Manager’s Thoughts
The pub offers a wonderful opportunity for an experienced publican to take on a well-established business. The successful publican will need experience of running a wet led operation but also be able to demonstrate a knowledge and background in running food operations in a similar environment.
