Are you looking for pubs to let in Willenhall ? ‘The Navigation’ is now available !
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Pubs To Let In Willenhall – The Navigation Is Available !
Pubs To Let In Willenhall – The Navigation Is Available !
The Navigation is in a great location in the town of Willenhall, close to the retail park. With easy access to Wolverhampton and Walsall. The pub is surrounded by residential housing. The pub benefits from being one of 2 pubs found in an area of around 2563 adults. The main customer base is made up of families, singles, and elderly couples.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The pub currently has regular bar trade, and the potential of this pub lies in developing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub? USP what will you be famous for?
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pubs To Let In Willenhall – The Navigation Is Available !
The Navigation Willenhall
Trading Area & Facilities
Main trading area with bar
Separate dining room
36 internal covers
30 external covers
Great catering kitchen
Large garden with wooden tables and benches as well as a children’s play area
Car park with 15 spaces
Private Accommodation
Private accommodation consists of 4 bedrooms, kitchen, a living room, bathroom, office. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Premises Licence Details
For the full licensing details, please refer to the premises license.
Premises Licence Opening Hours
Mon 10:00 –00:30
Tues 10:00 –00:30
Weds 10:00 –00:30
Thurs 10:00 –00:30
Fri 10:00 –00:30
Sat 10:00 –00:30
Sun 10:00 –00:30
The Navigation Willenhall
Pub Financials
Annual Rent £25,558
Estimated Tenants Annual Operating Profit £27,558
Representative HEINEKEN UK Brand Discount Per Barrel £170
Estimated Annual Turnover £407,436
Estimated Annual Barrelage 244
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
Your Investment
Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £20,000
Estimated Fixtures and Fittings Valuation Fee £250
Estimated Stock Valuation £3,000
Deposit Amount £6,390
Rent in Advance £492
Training Fee £425
Estimated Designated Premises Supervisor / Manager Fee £60
Premises Licence Fee £180
Rates Assessment Fee £55
Estimated Legal Fees £650
Estimated Total Ingoing Costs £31,502
Estimated Minimum Ingoing Costs £8,112
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month’s rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month’s rent in advance and fixtures and fittings (F&F) must always be purchased.A deposit of 6 month’s rent will be required for operators trading under a Limited Company with no Guarantors.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £2,068
Estimated Annual Maintenance Compliance Charge £1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £6108
Estimated Annual Repairs Fund £1300
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor – your solicitor’s fees are not included in the above estimate
The Navigation Willenhall
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
