Mitre Inn Stourbridge - Stourbridge

Pub Overview

A major refurbishment project of around £325,000 is set to transform this prominent town-centre pub into a standout community pub with food, sport and entertainment at its heart.
What would you do with this pub to make it a success?

The Mitre is located in Stourbridge town centre, in a very prominent position. The pub benefits from being in a great location in the town. There are around 4,000 adults within a 10-minute walk and approximately 17,000 within a 20-minute walk. There are 15 competing pubs within a 10-minute walk. While there are no major landmarks nearby, the pub is well placed near good local travel networks.

The Mitre is available on our Investment Tenancy agreement.  for more information on our agreements.

Most other pubs locally are wet-led, but The Mitre will stand out by offering great cooked food alongside a top range of beer and cider brands. With its newly renovated interior, the pub will appeal to all ages and mixed groups, and the function room provides an additional opportunity for private hire.

If you've benefited from running or owning a pub business, we'd love to hear what experience you can bring.

The right operator for The Mitre will have extensive experience in high street hospitality businesses. They will have a clear vision for their food & drinks menu, entertainment offer and marketing strategy and can create a memorable experience for their customers.

• Just Add Talent
• Refurbishment Planned
• Private Accommodation
• Catering Kitchen
• Function Room
• Outdoor Trade
• Car Park

The Mitre will undergo a full refurbishment covering the internal and external areas of the pub. A full list of works and pub floor plan can be found in the 'refurbishment details' in the downloads.

The pub's trading areas and facilities post-refurbishment will be:

• Main trading area with bar
• Separate dining room
• 100 internal covers
• 16 external covers
• Catering kitchen
• Function room
• Smart Dispense
• Beer garden
• Car park with 5 spaces

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Private accommodation consists of 3 bedrooms, a lounge, kitchen, and a bathroom.

Pub Financials Icon

With our 5 Star Promise, you'll be paid a weekly revenue share plus a quarterly 20% uncapped net operating profit.

Estimated On Target Earnings

£41,305

Annual

Estimated Annual Turnover

£479,267

Ingoing Costs

£4,000

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT

• Demographics Report Download arrow
• Drinks Menu Download arrow
• Energy Performance Certificate Download arrow
• Floorplan Download arrow
• Schedule of Work Download arrow