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Horse & Jockey

Tamworth Road, Corley, Coventry, West Midlands, CV7 8AA
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VILLAGE LOCAL

Facilities

Beer Garden
External Drinking Area
Catering Kitchen
Function Room
Smoking Solution
Car Park
Childrens Play Area
Restaurant/Dining
Wi-Fi
  • Beer Garden
  • External Drinking Area
  • Catering Kitchen
  • Function Room
  • Smoking Solution
  • Car Park
  • Childrens Play Area
  • Restaurant/Dining
  • Wi-Fi

Location

Established pub & restaurant business with excellent year on year profitability

Ingoing Cost: £149,995.00
Rent: £2,800.00
Agreement Type: Lease
Reference Number: 110718 / SMP0010

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Property Features:

The Horse & Jockey occupies a prominent roadside frontage on the B4098 road and is surrounded by a mix of detached housing and open countryside. The village of Corley with its delightful medieval 12th Century church at its heart enjoys a rural setting and is very well placed with the hamlet of Corley Moor and the villages of Meriden and Fillongley close by with various amenities. Solihull, Birmingham, Coventry and Nuneaton are within 15 miles. For access further afield, Corley has good connections to the local transport network with the M6, M42 and M69 close by. Birmingham International Airport and train station are 10 miles away and Coventry station is less than 5 miles away, both with direct trains to London taking approx. 1hr 10mins.

The business benefits from an additional room to the right elevation which has been used previously as a local farm shop and could easily be converted into a café or tea room. This could be operated as part of the business or be rented out to a third party. Fridges and seating included in the F&F sale.

The property also has a thriving function business and is regularly taking advantage of the large space to the rear of the pub. Functions range from birthday parties to christenings and wakes, with regular bookings coming in from the local community and businesses.

Internally there is a lounge bar with wooden flooring (seating 75), restaurant/snug area (seating 36), basement beer cellar easily accessed from the front of the pub, ladies, gents WC’s, very well equipped catering kitchen and storage areas.

Additionally, the trade areas comprise of additional items including U shaped bar operation, 2 x dumb waiters, 2 x wall mounted Tv’s, 1 X projector and pull-down screen, Glass fronted wine store, 8 camera CCTV system and full EPOS till system with two tills.

Amazing rear lawned beer garden with benched seating for up to 300 and separate astroturfed patio area with its own outside bar is a huge draw for the customer during the warmer months. There are covered smoking areas to the rear of the pub with a gas heater if required. Car park (100+ spaces). Log store 2 x storage containers with maintenance equipment such a sit-on lawnmower are all included in the sale. Childs play frame.

Trading Style:

The Horse and Jockey which been operated by the current owners for the past 10 years, offering a consistent level of quality service and maintaining high standards to retain its popularity within the local community and its visitors. This is a superb profitable “turn-key” opportunity for a potential new owner. The pub would suit hands-on operators/family who will continue to build the business with enthusiasm and would maximise upon other revenue streams that the pub and its facilities offer.

Private Accommodation:

The accommodation is split over the upper two floors and is furnished throughout: There are two large double bedrooms and one double bedroom with en-suite (shower) large living room with open fire, office, kitchen area with dry store bathroom and toilet.

 

Key Financial Information

Please note that the energy performance certificate is available from the landlord.

Trading accounts supplied to us by the owners show for the year ending March 31st 2019, a combined net turnover in excess of £390,000, converting to a very healthy net profit. 

Rent: £2,800 per month (including VAT)

Leasehold asking price - £149,995 + SAV all F&F included in the sale

More detailed current and historic information can be provided to seriously interested parties upon request.

 

 

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