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Beer Garden
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External Drinking Area
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Car Park
Property details
The Junction Inn is situated in a prominent position, in the centre of Oldbury Town Centre. Oldbury is a town in the West Midlands and is part of the “Black Country”. It’s part of Sandwell District Council and 6 miles from Birmingham City Centre. Oldbury is a busy High Street and the population within 1 mile of the pub is over 19,000. The Junction is literally at the heart of the town, sitting on a corner plot which is passed on both sides by traffic and therefore has a prominent location. It has an established business, with a good reputation.
The Junction comprises one large room, which is light and airy. The pub has a good selection of fixed seating with a defined bar area. Next to this area, there is a pool table and some additional seating, and there is a large open fire which in the winter gives this pub a cosy feel. The pub has a cobbled external trading area to the front of the pub.
It doesn’t have a car park, however, there’s plenty of parking in the area, with a large council-run car park just two minutes down the road. Most customers however live and work in the immediate area, so there’s no need to worry about parking.
The first floor comprises two good-sized bedrooms an extremely large lounge and indeed a large domestic kitchen/diner. In addition, there’s a bathroom and toilet. This area of living accommodation is in an acceptable condition. The top level of the pub has an additional four bedrooms and a bathroom; however, this floor hasn’t been used in years and is in poor condition at present.
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Cask Ale
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Team Games
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Pool Area
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Live Entertainment
Trading style
The existing customer base is very mixed, from retired customers and families during the day to the “high-vis” manual workers arriving for a drink. During the evening, the custom is mixed with the pub having a real community appeal. There is huge potential to develop this business, to grow wet trade, along with building pool, darts, and dominoes teams, along with putting on various entertainment eg. quizzes and live music. Back of house, there’s a small food prep area, and whilst we see this pub doing snacks, the kitchen area is not big enough to do much by way of a food offering.
This pub would be a great starter pub for someone venturing into the hospitality sector. Being a one-room operation, it doesn’t require lots of staff, rather it needs someone who is a brilliant host and can provide the community with a great pub. The ideal licensee will ideally know the area and have the skills to market, promote and grow the wet offer, grow sports teams, and launch entertainment, including live music. Pride, passion, personality, an eye for detail, and focus on great standards are a few of the key skills the landlords are looking for in a potential licensee.
Key financials
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Reference Number:
IU3WDL / P00841
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,000.00
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Annual Rent:
£11,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £11,000
Security Deposit: £5,000
Working Capital: £3,000
Stock: £3,000
F&F: Upon valuation – funding options may be available for the right licensee.