Landlord offers huge cut in rent as hunt for new tenant continues for Kenilworth pub
By James Smith
1st Mar 2023 | Local News
The landlord of a Kenilworth pub has dropped its annual rent demands yet again as it looks to find a new tenant.
The Cottage Inn has been shut since November 2021 after previous tenants Mick Griffin and Sam Heslop-Griffin decided not to continue with the venue after just six months in charge.
The husband and wife team blamed what they called Kenilworth's "small town attitude" for the business' struggles.
And despite landlord Wells & Co giving the Stoneleigh Road pub a makeover, it has now been forced to slash the rent by £9,000 down to £20,000pa in the hope of attracting someone to take it over.
The chain is also offering £20,000 in investment to get the business off the ground again.
Previously Wells & Co had been offering three months free rent to a new tenant.
The advert on the website says: "The Cottage presents an enticing opportunity to take on a popular community-focused local pub and benefits from live-in accommodation.
"Located on the approach to the centre of Kenilworth, within easy reach of the town's sizeable population, The Cottage occupies a prominent location and has a good roadside presence.
"There is a car park for approx 15 vehicles, a seating area with space for ten picnic benches and five letting rooms."
The website also says the pub would suit operators with marketing experience and "with a desire to engage with their local community".
"Customer age profile is 40+ which suggests a more mature applicant would be suitable," it adds.
Wells & Co is hosting an open day at the pub on March 21 from 10am to 4pm for potential tenants to find out more.
More information can be found here.
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