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The Overwoods is a fantastic pub located on a residential estate in the suburb of Hockley In Tamworth. Craft Union are planning a +£200k invetssment in this business prior to the pub transferring. This community pub has little competition and has an excellent reputation for its choice of beers, live music and entertainment. The pub is currently run as a two-room operation with a traditional bar area hosting live sports and a lounge/ function room which is used predominately for private events and entertainment. The current demographic surrounding the pub are locals who live in the area however there is scope to develop the business further with the introduction of pub teams including pool, darts and football.
Tamworth is a large market town within the district of Staffordshire. Located just 14 miles northeast of Birmingham it borders Warwickshire to the south and east and Lichfield to the north and west. Local attractions include the historic Tamworth Castle and Moat House as well as Drayton Manor theme park attracting passing trade to the pub. The Overwoods is situated in the residential suburb of Hockley which has great access to the town centre, a local bus route passing outside of the pub, open countryside and fantastic infrastructure with the M42 within a five-minute drive all of which make up the main source of trade for the pub.
Calling all pub professionals (pub managers, general managers, bar managers, all of you!). Have you ever wanted to run your own pub, but you're worried about going solo? We hear you. Here's your chance to run your own pub, with a built-in support crew to cheer you on.
Build a Rewarding Career:
- Boosted Operator Earnings of 20% of net revenue: £93,600 – and that's just the baseline!
- Supercharge Your Income: Take home an additional 10% of sales above budget when you manage a high-volume pub! This bonus recognizes the extra effort required to run a thriving pub.
- Important Note: We do not ask you to invest your own money into the pub. You simply pay a £2,000 bond.
But Wait, There's More!
- Become a Craft Union Star: Increase your income by becoming a centre of excellence.
- Free BII Membership
- Be the Best: Win an all-expenses-paid trip to our yearly operator awards!
- Join a Growing Family: Be part of Craft Union's rapidly expanding estate, partnering with the UK's biggest pub company.
We Empower You to Focus on What Matters:
- Rent-free Accommodation (where applicable)
- Full Utilities Paid: Gas, Electric & Water (for the entire building including the accommodation)
- Cost of Sky & TNT Sports Included (pay-per-view events agreed upon with your Regional Manager)
- Security & Entertainment Packages Available (as agreed with your Regional Manager)
- Business Rates Covered
- Dedicated Support of a Regional Manager: Get ongoing guidance and support to develop your pub's proposition and build strong community engagement, leading to boosted sales opportunities.
With our unwavering support, your success is guaranteed! Your dedication sets the limit on your earnings – the sky's the limit!
Craft Union are looking for a strong operator with a good knowledge of the local area who can integrate with the locals and maximise the assets of the pub to allow this fantastic business to reach its full potential.
The private accommodation is well-presented and comprises of three bedrooms, a lounge and kitchen.
The Overwoods is a great local pub which is popular for entertainment and live sports. The pub would suit an operator who is looking to gain experience developing a business through entertainment, sporting moments and creating a hub of the community. The current customer base is locals who live in the immediate residential area however there is fantastic scope to build on this with the introduction of pub teams including pool, darts and football teams and the opportunity to entertain. We are looking for a strong operator with a good knowledge of the local area who can develop this pub further.
Financial Information
Forecast Turnover: £46,800.00 per year
Full Deposit: £2,000.00
Estimated Earnings: £93,600.00 per year
Forecast Wet Turnover: £0.00
Forecast Dry Turnover: £0.00
Forecast Other Turnover: £0.00
