Pub Overview Major refurbishment to beautiful suburban pub What would you do with this pub to make it a success? The area Prominent location The Plough & Harrow is located in the popular Tamworth suburb of Fazeley, close to the popular Drayton Manor Theme Park. Fazeley has grown over time to a popular, affluent area on the edge of Tamworth. The pub is only five minutes from Drayton Manor, which attracts some 1.5 million visitors a year. It’s a densely populated area with over 7,500 people living withing a 20-minute walk of the pub. In this area is a healthy level of competition and there is a gap in the market for a premium local. The offer The Plough & harrow is available on our investment tenancy agreement. Click here for more information on this agreement. Serious potential The planned refurbishment to the Plough & Harrow will allow a new operator to build a reputation as THE best destination pub in the area. The quality of the surroundings, a wealth of visitors to the area, 106 internal and 172 external covers will make this pub stand out well above the competition. All we are looking for is the right operator that understands the intricacies of delivering a quality food and drink offer Target customers: When refurbished, the Plough & Harrow will appeal to a very broad spectrum of customers due to its multi-income stream offer, including: Local residents, Couples and groups of friends Visitors to the area looking for accommodation or a quality venue for food &/or drink Diners and families during the week Offer: When refurbished, the Plough & Harrow will offer: A range of drinks including some premium lagers, cask ale and craft beer Ciders, premium spirits, and an extensive wine list Up-market pub classics food menu A barista-style coffee offer We’re always open to new ideas, what would you do to drive trade? Click here to see a similar, completed project at another one of our pubs If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the Plough & Harrow will have extensive experience in destination food outlet hospitality businesses. They will have a clear vision for their food & drinks menu, and 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 pubs next chapter Features Investment Tenancy Car Park Private Accommodation Letting Rooms Refurbishment Planned Trading Area & Facilities Internal Trading Areas Supply and fit new external quality hardwood doors Overhaul existing retained doors Ironmongery to existing and new doors - Provisional MDF Dado panelling once fixed seating Is removed Skirting boards Feature screen with mild screen detail tbc Mild steel frame devide with curtain screen detail tbc Bespoke Fixed drink shelves with tile upstand fixed with wrought iron brackets Bespoke Fixed drink stnd/tables with tile upstand fixed with wrought iron brackets and leg support Offload furniture etc New Fire Surround New Fireplace Hearth Bar Servery Works New backfitting - upper Spec TBC Sundry extras Add wide tier display Framed mirror 1m2 Allow for cutting to suit skips, sinks basins engines and the like Allow for steel framing Alterations to undercounter shelving Sub floor preparation as may be required following removal of existing floor coverings -latex Supply and lay new feature tiles to pub dining area Supply and lay new feature tiles to bar walk area Sub floor prep, ply - 18mm thick, where required - Provisional Supply and lay pre finished engineered oak timber flooring E.O for perimeter strip Entrance mats/walk off mats Altro to bar servery Coved skirtings Sundry items, floor trims between finishes Decorative wall papers - Provisional Wall mural/feature wall between fixed seating Bar counter/backfitting - staining/polishing to new and existing tops/fronts, etc EO New wall panelling - strip and stain existing 2000mm high EO Existing wall panelling - strip and decorate existing 2000mm high Toilets Stripping Out/Preparation Works Remove Low level WC Suite and clear away Remove urinals and clear away Remove wash hand basin and clear away Remove vanity unit Remove WC Cubicle Remove wall mounted cistern and sparge pipes and clear away Remove existing wall coverings and prepare for new finish and clear away Remove Vinyl floor coverings inc. skirtings and clear away Overhaul existing retained doors Ironmongery supply Skim coat plaster finish Wall tiling (dado height) as designer spec Dado Mosaic Tile as designer spec Supply and lay new vinyl flooring to designers spec Coved skirtings, 4 mm Altro Sub floor preparation as may be required following removal of existing floor coverings -latex Sub floor prep, ply - 12mm thick, where required - Provisional New traps & wastes New wash hand basin as designers spec Vanity Unit; single type Vanity Unit; double type WC Suite's Urinal bowls as designers spec Cistern, serving max 3 No. urinals Install only soap dispense/toilet roll holders Doc M Pack for Disabled WC (prov.) Dado height panel with sloping hardwood lid IPS unit Urinal IPS unit Toilet cubicle inc. cubicle doors and ironmongery Decorate ceiling, doors, above dado Trade Kitchen and office General stripping out Works Remove Vinyl floor coverings inc. skirtings and clear away Remove existing wall coverings and prepare for new finish and clear away (Prov.) Ironmongery supply to existing door Prepare floor and lay heavy duty levelling screed Altro Coved skirtings, 4 mm Altro Sundry items White rock to all areas - Provisional (wash up area) Decorate ceiling, woodwork Cellar Allow for remove and dispose of any unwanted fixtures & fittings and general clear out Prepare floor and lay heavy duty levelling screed completed with liquid DPM Decorate walls, ceiling, woodwork - (Anti Fungal Paint) Builders Work in Connection with Python Installations/Cellar Cooler BWIC with Python Installations External Works Construct new external porch - no detail Repair works to existing pergola - Provisional Decorate previously decorated Render Prepare and re-decorate WINDOWS - small panes Prepare and re-decorate doors - existing Prepare and re-decorate doors - new Prepare and re-decorate Fascia’s & Soffits & Gutters Prepare and re-decorate rainwater pipes Prepare and stain fencing (picket) Prepare and decorate steel pergola/shelter Prepare and decorate children’s play area Construct new dwarf garden wall inc. all foundation and cartaway works New planter boxes small New planter boxes large Construct new external fixed seating (front) Construct new external fixed seating (secret garden) Construct new bespoke curved seating bench around tree General landscape works to play area tidy up lawn Jet wash existing paved area Allow to repaint say 30% of existing paving Construct new external porch - no detail Repair works to existing pergola - Provisional Tidy up, re level and re-stone car park Sweep existing car park (road sweeper) Allow for kerbing detail Steel posts for Festoon Lights Supply and install new close boarded fencing 1800mm Supply and install new double gates inc. padlock and ironmongery Please be aware that all refurbishments are subject to final board approval which will be determined as part of the recruitment process. Private Accommodation Private accommodation consists of 4 bedrooms, a living room, kitchen and bathroom Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £67,759 Estimated Minimum Ingoing Costs £67,759 Annual Rent £57,038 Estimated Annual Turnover £796,865 Deposit £14,259 Estimated Fixtures & Fittings Value £40,000 Estimated Stock Valuation £10,000 Estimated Working Capital £3,500 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. Downloads Demographics Report Download arrow Energy Performance Certificate Download arrow Refurbishment Details Download arrow