Property Description

Large community site with several income streams entertainment, drinks, sports, pool and darts. Bring your experience in managing a team and executing a plan to build a successful pub business. The Area: The Highbury Inn is situated in busy residential area of Moor Green in Birmingham. The pub is surrounded by a diverse mix of housing, serving a broad and thriving community. The pub has recently been redecorated internally. Demographics: The pub benefits from being the only pub found in an area of around 3,692 adults. The main customer base is made up of adults with young families and employed and retired adults over 35. The offer: Available on our management agreement, Just Add Talent, the pub has a tried and tested drinks offer. Click here for more information on Just Add Talent. The drinks currently makes up 100% of the pubs total sales. You can drive trade through selection of pub games, such as pool, and darts, live sports and live entertainment. We’re also really interested to hear your ideas on how to drive trade. Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you: Understanding of the local community If you’re enthusiastic and retail focused. You love hospitality and are great with 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 pubs next chapter…

Beautiful traditional bar Separate lounge area Large function room with stage area Pool and darts  Live sports and Sky Q Large enclosed grass area to rear  Childrens play area HEINEKEN SmartDispense  Car park bays to front with 10 spaces

Private accommodation consists of three bedrooms, kitchen, bathroom, a living room.

Premises license available on request.

Agreement Type

Just Add Talent

Property Facilities

Function Room Live Sports Pub Games Outdoor Trade Parking Private Accommodation

Property Financials

Approx. Total Ingoings

£4,000

Annual Rent

TBC

Additional Information

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.
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 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
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
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.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

MISREPRESENTATION ACT 1967

My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.

The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.

Whether you’re new to the industry or you’ve got a portfolio of pubs, we’ve been helping talented publicans create amazing pubs for decades. Find out how we can help you meet your ambitions and take the next step.

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