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Tenancy Opportunity: The Wheatsheaf Inn – Wolverhampton
A hands-on turnaround with real potential
If you’re motivated by a challenge and enjoy building a business back up, The Wheatsheaf Inn offers a genuine opportunity to create a successful destination pub.
With the right fundamentals already in place, this is a site ready for a fresh approach, clear offer, and consistent standards. Historically, the pub has traded at higher levels and now presents a strong turnaround opportunity for the right operator.
Why this opportunity stands out
• Destination-led trading – this is not a “locals-only” pub; success comes from creating reasons to visit and driving repeat trade.
• Built-in passing trade – located close to M6 J11 with a small number of on-site EV charging points, creating opportunity to convert short stops into food, drink and repeat visits.
• Flexible, multi-occasion layout – front restaurant-style dining space plus rear bar with darts and pool.
• Family-friendly and accessible – beer garden, secluded children’s play area and large car park (c.50 cars).
The location
Positioned on the edge of Wolverhampton near Shareshill and key commuter routes, this is a drive-to destination rather than a high street site.
The surrounding area supports trade from commuters, passing traffic, outdoor and leisure visitors (including those visiting Cannock Chase), family day trips and nearby communities.
For the right operator, success comes from being easy to access, clearly positioned and worth the journey.
The pub (in brief)
• Two-room layout: restaurant + bar (darts & pool)
• Approx. 60 covers
• Beer garden
• Children’s play area
• Large car park (c.50 cars)
• On-site EV charging provision
Current trading
• Weekly sales: c.£1,000
• Sales mix: 30% wet / 70% dry
• Covers: c.60
Who this suits
This tenancy is ideal for someone who:
• enjoys a hands-on turnaround
• can deliver a clear, consistent offer
• understands destination trade and repeat visit drivers
• is motivated to rebuild sales through standards, events and reputation
Rent support / stepped terms
There may be an opportunity to step rent to support the business plan and sales growth, aligned to a clear and sustainable approach to rebuilding trade, we can gladly have this conversation as part of your application but If anyone would like to reach out to discuss temporary rent relief based around a sustainable business plan, please do so.
Financial Costs to consider
* Rent (Per Annum): £15,000
* Working capital: £5,000
* Estimated stock and glassware: £1,000
* Fixtures & Fittings Value: TBC
* Service Charge: £1,350
* Decorating fund: £2,000
* Insurance: £718.46
* Negotiable full tie to Wet stock
* Barrelage Discount: £TBC
* Fair Maintainable Turnover: £312,000
* Estimated annual operator profit: £30,000
What’s in it for you?
* Keep 100% of the business’ profits.
* Put together your own menus and choose your own food.
* Keep 50% of profits from any gaming machines.