Run a Stonegate Pub - Festival Coventry Coventry, West Midlands

About the Pub

The Festival is a large, traditional pub which is positioned just off the A45 in Coventry. With a strong reputation for pub food, live sport and frequent quiz nights we are now seeking a hands-on operator to take this pub to the next level. Internally the pub is very well presented, with traditional décor and currently operates from two bar areas with plenty of seating throughout. A fully fitted trade kitchen, dart board and TV screens for sport viewings are located inside the pub. There is huge scope to invest in the external trade area, as the current beer garden is very popular in the summer months. A large wrap around car park which offers 30 spaces, has the potential to be partially converted into a larger beer garden to drive trade and revenue. The private accommodation comprises of two bedrooms, a lounge, kitchen, and bathroom.

Business Information

Agreement: Fixed Term Tenancy
Capital Startup: Est. £25500
Fixtures / Fittings: Est. £12000
Guide Rent: £39500 pa
Potential Turnover: £539150 pa

Regional Manager's Thoughts

The Festival is a great community pub, known for its great value for money food offer, live sport, and quiz nights. The pub is ready for trade having been well looked after by the highly respected outgoing publican who is now retiring. Stonegate Pub Partners are now seeking an experienced operator who can continue the entertainment led offer and grow the food menu to maximise trade.

Surrounding Area

The Festival sits just two miles from Coventry city centre with easy access to Rugby, Leamington Spa and Birmingham. The pub is positioned just off the A45 and near to the A46 providing plenty of passing trade. It borders a good housing estate and is just one mile of Jaguar Land Rover, Coventry Airport and the Battery Industrialisation Centre.

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