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Run a Stonegate Pub

3 months ago

Dudley West Midlands, West Midlands, United Kingdom Stonegate Pub Partners Careers Full time
About the Pub

Located on the edge of Dudley town centre, Ye Old Foundry is a characterful 1930’s pub particularly popular for its live music offer with a licence until 3am. This is a welcoming pub with wooden flooring and music themed décor surrounding a central bar servery. The pub boasts character and intimacy however there is enough space to host live entertainment. Historically the pub has hosted bands and rock discos bringing in additional revenue. The internal trading area has recently been refurbished and is in good condition and there is a small commercial kitchen located upstairs. Externally, there are two paved areas with benches for outdoor drinking and an area is located to the rear for smoking.

Business Information

Agreement: Retail Partnership Tenancy

Capital Startup: Est. £16971

Fixtures / Fittings: Est. £12000

Guide Rent: £29000 pa

Potential Turnover: £401091 pa

Regional Manager's Thoughts

Ye Olde Foundry is a popular town centre pub which benefits from a strong day drinking trade with guests enjoy the simple food menu and evening entertainment at weekends. The pub is most established for its rock music offering which draws customers in frequently. I am now seeking a new publican who has the energy and ambition to develop a varied offer to match the changing trade patterns of a town centre.

Surrounding Area

The pub is located on the edge of Dudley town centre allowing plenty of trading opportunities from the nearby shops and amenities. Dudley is the largest town in the Black Country and boasts a large leisure centre, a cinema, bowling complex, retail park, zoo and a variety of museums. There are also many historical buildings such as Dudley Castle and the ruins of St James Priory which bring visitors to the area. Works are currently underway for a metro to bring more people to the area and there are further plans for an ice rink and hockey team.