Run an Admiral Pub, Leather Bottle, Wellingborough
Pub Layout: The trading area is all on the ground floor with an open plan style. As you enter the front door, the toilets are to the left, the entrance to the large garden is directly in front of you, and the bar is on your right. There is a horseshoe-shaped bar that accommodates the main bar area and pool room to the side, which is open to viewing from the main bar area. The pub has an outside bar, and the kitchen is situated here also. The area in front of the bar and kitchen is covered, so it can be used 365 days a year. The garden area is large and can seat 60+ people.
Trading Style: The Leather Bottle has historically been a drink-focused pub; however, it has been refurbished to a very high standard in the last 2 years and now has a kitchen and an outside bar. This has meant food has become an integral part of the offer. The pub has sports teams, live TV sports, and regular entertainment to entice the locals and ensure it is at the hub of the community.
Accommodation: The private accommodation consists of three bedrooms, a living room, kitchen, and bathroom.
Financial:
Annual Rent: £22,000 (50% off headline rent for 12 weeks)
Security Deposit: £3,000 (Deposit builds up to £5k)
Working Capital: £3,000
Stock: £3,000
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
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.
BDM Vision: Admiral Taverns are seeking a licensee who is a community-focused operator who will attract business through various marketing tools, including social media. Ideally, the licensee would have experience of developing, maintaining, and marketing a high-quality food offer, be passionate about quality beers and ales, and possess exceptional customer service and engagement skills along with fantastic standards that will be key in moving this already successful beautiful pub onto the next level as success will come from a range of activities such as quiz nights and live music which will ensure regular custom throughout the week.
Future Plans:
Additional Information:
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 Asterisk *
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