ISN'T IT TIME YOU RAISED THE BAR? Proper Pubs enables you to showcase your talents in managing one of our community pubs. Our proper pubs are run by someone who is passionate about putting something back into the community they serve.
Proper Pubs is a simple yet rewarding model. By running a proper pub, our operators receive unparalleled support and sound advice, with the freedom of being self-employed. Operators receive an industry-leading percentage of the weekly net turnover to pay the team and themselves, whilst proper pubs take care of the pains of the rest. It’s not only a proper pub, but a place to call home, giving operators and their families a safe place to live.
The magic of proper pubs is that we are community obsessed. This is not only one of our values, but is central in all our plans, and our ambition to be the number one community pub operator in the UK. Our community begins with our operator, the community hero who operates with us, the customers who drink and socialise with us, and the locals who live near us in our communities.
At proper pubs, we are obsessed with the community and run a series of national and local initiatives to support the communities we operate in. We are proud to support Chasing the Stigma, a national mental health charity that is committed to normalising mental health. Everybody in the world has mental health, so they make it easy to find help whenever you need it through the Hub of Hope support app.
Our Community Heroes love to support local initiatives, local people and use the pub to bring everyone together. Our current community initiative is all our proper pubs are raising money to install a defibrillator in the pub for community use, with further initiatives to follow.
There is always something going on in a proper pub, and it usually involves the locals. We create a place for people to connect, socialise, and we support the local pub teams and offer traditional games. So like-minded customers can be found around all day.
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Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start-up rent which is discretionary to an individual pub and can be discussed.
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.
Working Capital – This is a recommended amount required which will be used in the day-to-day running of the business.
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you peace of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes. Please note, this only applies to pubs marked with an Asterix *
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