Pub Layout
The Oddfellows has been transformed with a warm and welcoming feeling. While benefiting from new fixtures and fittings throughout, the landlords have ensured that the pub retains its charm while seamlessly incorporating modern design elements. The space feels vibrant and inviting, with a balance of relaxed cozy seating and high poser tables. The bar is prominent, servicing all areas and is carefully positioned for ease of service on busy nights. It has a varied product range featuring a great selection of category-leading products, complemented by numerous regular weekly promotions, ensuring exceptional value for customers. There is also ample space for live entertainment with TV screens to watch televised sports. A pool table and two dart boards are available, and engaging with locals to offer darts and pool teams is encouraged. Externally, there is a fabulous enclosed beer garden where locals can enjoy drinks in the summer months, making it a great space to host community events and low-key entertainment during warmer evenings.
Trading Style
The pub must remain a vital part of the community and be part of a circuit of pubs sharing trade, especially on weekends. A diverse range of entertainment options is crucial for attracting and retaining customers of all ages. Weekend nights are prime time for socializing and enjoying entertainment, so offering a variety of activities ensures that something appeals to everyone, whether it’s live music, karaoke, or DJs. Maintaining a strong rhythm during the midweek period is essential for keeping momentum and providing regular opportunities for locals to engage with the pub. Classic choices like bingo and quiz nights often draw in the locals. Consistency and creativity in planning and delivering these events are key to keeping customers engaged and returning. The pub has a loyal daytime trade with locals gathering to watch sports and enjoy a catch-up. The pub has the full Sky Sports package, allowing customers to enjoy matches on well-positioned TV screens.
Accommodation
The private accommodation consists of three bedrooms, a lounge, kitchen, and bathroom. Additional investment is being made in décor, flooring, and an upgraded kitchen. This space has undergone investment and is in excellent condition, making it ideal for a family or couple.
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 takes care of all running costs, including rates, utilities, stock, and day-to-day expenses, while you take home 18.5% of the net weekly sales, along with employment costs related to your staff and any council tax and TV license for the residential quarters.
All new operators receive comprehensive free training as part of their agreement.
1. 7 Steps to Sales Success Training Programme: Held online over two days, you will learn marketing and business strategies to grow sales in your pub – step-by-step.
2. E-Learning Training for you and your staff: Featuring more than 30 courses covering topics from Compliance and Health and Safety to Personal Development and Wellbeing.
BDM Vision
Mark Cleverly, the BDM, is looking for an operator who is in tune with the local demographic and clientele to create a great environment and atmosphere to make this pub attractive to the local community. The landlords value a strong track record in the industry and a genuine enthusiasm for delivering exceptional customer experience. A commitment to keeping the community at the forefront of all initiatives and decisions is paramount. This community-centered approach is integral to our vision and values. The new operator should implement a great rhythm of the week that ideally includes regular live music events, darts and pool teams, and other games/activities associated with this style of pub.
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 weekly in advance based on agreed payment terms. Occasionally, our Business Development Manager will discuss a startup 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 returned upon exiting the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. 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 for 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, including unbranded glassware, unopened bottles, wines, spirits, and any unopened/opened kegs and cask ale, provided the container is unopened.
Fixtures & Fittings: This includes any item that is bolted to the floor or walls, and a fitting is any item that is free-standing or hung by a nail or hook. This also includes 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 must attend our 7 Steps to Sales Success training program. Held online over two days, you will learn marketing and business strategies 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 for one simple fee, while providing 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, who only occupies one property for commercial purposes. This only applies to pubs marked with an asterisk.
#J-18808-Ljbffr