Admiral Pubs Management Agreement, Old Ball Inn, Smallshaw
Pub Layout
After a recent refurbishment, the pub has been revitalised in every aspect of space ensuring it keeps its charm whilst seamlessly incorporating modern design elements with an open plan, lounge style area being the main focal point upon entering the pub with bar servery, TV screen and DJ booth/karaoke/dance floor area. There are various seating options including fixed booth seating and loose seating. This leads into a separate sports area with pool table and darts board with additional seating. Double doors lead out into the courtyard style beer garden.
Trading Style:
The Old Ball is a true community local, well supported by regulars from the local community, well known for its entertainment such as darts, DJs, and karaoke. The fact that it’s well-supported by the surrounding area and regularly attracts locals for various events speaks to its appeal within the community. It has a varied product range featuring a great selection of category-leading products, complemented by numerous regular weekly promotions, so customers can expect exceptional value for their money. Whilst there isn’t an actual function room, there is easily the ability to provide functions and build this part of the business up further.
Accommodation:
The private accommodation is accessed via a door from the main pub and comprises of: three bedrooms, living room, kitchen, bathroom with separate toilet.
Financial:
Security deposit: £2,000
No rent applicable on this agreement
This opportunity is for you to run your pub as a self-employed manager. Admiral Taverns take care of all the running costs including rates, utilities, stock and day-to-day running costs whilst you take home 18.5% of the net weekly sales, all employment costs relating to your staff and any council tax and TV licence for the residential quarters.
All new operators have comprehensive free training as part of their agreement.
* 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.
* E-Learning Training for you and your staff: Featuring more than 30 courses for both you and your staff, you’ll have access to a wide range of topics from Compliance, Health and Safety to Personal Development and Wellbeing.
BDM Vision:
The Old Ball offers an exciting opportunity for a motivated, community-focused operator to create a thriving pub experience. Ideal for both newcomers eager to learn the ropes and experienced operators looking to grow, this pub has incredible potential for building strong customer ties, driving sales, and expanding its offerings. From forming darts and pool teams to enhancing the beer garden and hosting events, there are numerous ways to develop the business. Success will require energy, enthusiasm, a strong customer focus, and the commercial acumen to build solid foundations, analyse performance, and adapt quickly to maximize ROI.
Future Plans:
Additional Information:
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 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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