Run a Stonegate Pub - The Lancaster Wolverhampton Wolverhampton, West Midlands

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About the Pub

The Lancaster is a large, traditional pub which is positioned a through road in Wednesfield with plenty of passing traffic. Internally the pub is very well presented and there are two trade kitchens to be utilised, particularly for a carvery offer on weekends. In the past the pub has been known for its great value for money food offer, live sport, and quiz nights. There is huge scope to invest in the external trade area, as this is particularly very popular in the summer months. To the front of the pub there are plenty of picnic benches for drinkers to use, the side is a garden area and there is a small decking area to the rear. The large wrap around car park which offers 60 spaces, has the potential to be partially converted into a larger beer garden to drive trade and revenue. The private accommodation comprises of three bedrooms, a lounge, kitchen and bathroom. Stonegate Pub Partners are now seeking an experienced operator who can bring this pub back to its former glory and provide a traditional pub food menu.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £17250
Fixtures / Fittings: Est. £25495
Guide Rent: £29000 pa
Potential Turnover: £611000 pa

Regional Manager's Thoughts

The Lancaster is a large and traditional pub that has heaps of potential and is a great opportunity for an experienced operator who can build on this successful business. There is scope to invest in this site to reinstate a carvery offer and to upgrade and upscale the garden area.

Surrounding Area

The Lancaster is prominently positioned on Lichfield Road in Wednesfield, a town and historic village in the City of Wolverhampton. Just 10 miles from Birmingham, the pub has a good road network and has plenty of local amenities and residential housing close by providing plenty of opportunities for passing trade and easy access to public transport.

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