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Bar 29
Sheep Street, Rugby, Warwickshire, CV21 3BX
Annual Rent: £21,000
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External Drinking Area
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Letting Rooms
Property details
Bar 29 is an attractive one-room operation community pub, prominently located in the town centre of Rugby, just off the market square. It is surrounded by other licensed premises and retail operations with a large footfall. The town centre is lively throughout the day with shoppers and with an array of nightlife in the evenings and weekends. Rugby is the second largest town in the UK on the east side of Warwickshire bordering Leicestershire and Northamptonshire. There are easy transport links to the M6, M1 and M45 all within a ten-minute drive of the town centre.
On entrance, there is a long well equipped bar to the right-hand side servicing an open-plan room with the comfort of loose seating throughout. There is also a raised area is at the front of the trading room which hosts live entertainment such as bands, karaoke and DJs. The pub has multiple television screens for a live televised offer which should include offering Sky Sports / BT Sports to attract further custom. The toilets are located towards the rear of the building and in good order. The new tenant may wish to gain a pavement licence.
The accommodation is spread over two floors, currently, it has a one bedroom studio with kitchen and lounge situated on the first floor. However, there is scope to either extend this private accommodation or create letting rooms with the additional five rooms however this would require some work and compliance.
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Cask Ale
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Team Games
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Live Entertainment
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Live Sports
Trading style
Bar 29 is Rugby’s premier live music venue and has recently been refurbished to a very high standard. There is a fantastic range of draught lagers, bitters, and ciders with a large selection of cocktails, and also benefits from a late 2 am licence. It is drinks focused operation in which the retail offer could be expanded with a sports offer, being beneficial to increase day trade and weekends prior to entertainment. The five letting rooms provide multiple revenue streams.
The pub needs to be a chameleon offer with the potential to trade days, evenings, and weekends. There is an opportunity to think differently around the retail offer, and we would be open to ideas such as a bespoke craft or spirit offer depending on feedback – could suit a local brewery or continue to cater for entertainment. The landlords would consider a capital refurbishment spend with the right licensee.
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