Fancy running an iconic Coventry city centre pub for just £35k a year?

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Fancy running an iconic Coventry city centre pub for just £35k a year?

Postby dutchman » Sat Dec 17, 2016 9:56 pm

The Tudor Rose, at the top of the Burges, needs a new tenant with agents describing the building as "incredible"

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One of the most recognisable pubs in Coventry city centre is looking for a new tenant.

The Tudor Rose, which dates back to the late 19th century, is being marketed as a fantastic business opportunity for a prospective new tenant.

They estimate the pub could turnover around £330,000 a year, with rent of £35,000, and an initial outlay of £11,250.

The description of the pub reads: "It is a large one bar operation offering a good selection of drinks including several cask ales.

"A fully fitted trade kitchen is located behind the bar providing plenty of scope to build on the current food offer.

"There is also a disused night club on the first floor that could, with some investment, be converted into a restaurant or function room providing further income.

"The pub also benefits from a large patio to the rear providing a covered smoking area and potential al fresco drinking and dining."

The pub is one of seven in Coventry and Warwickshire looking for new tenants.

They include the Cedars Hotel in Barkers Butts Lane, Coundon; the Longford Engine in Bedworth Road, Longford; the Wagon Load of Lime in Ansley Lane, Arley; and the Railway Tavern in Bond Street, Nuneaton.

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If it's that good an investment opportunity why is it going begging?
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Re: Fancy running an iconic Coventry city centre pub for just £35k a year?

Postby rebbonk » Sat Dec 17, 2016 10:53 pm

Enterprise Inns? - I'd rather poke cocktail-sticks in my eyes.
Of course it'll fit; you just need a bigger hammer.
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