Job Type: Leased & Tenancy, Pub Manager
Sector: Pubs and Bars
Contract Type: Full Time
Pub Layout
The pub is a traditional two-room layout with a tap-room bar area and lounge which is also used for private functions, both rooms accessed through the main front entrance lobby. The main room is located to the front of the building benefiting from an open fire, pool table, and darts board, along with a mix of fixed and loose seating. The lounge area to the rear side of the building and overlooking Cantley Park also has a mix of fixed and loose seating. Both rooms share one set of toilets located near the main entrance to the building.
Outside to the front of the pub is a large patio area with potential investment opportunity, and currently has several large wooden picnic benches. Alongside the patio area is a large carpark with space for 12+ cars, which could be utilized for special events. Several small outbuildings for storage are located to the rear of the building.
Trading Style
The pub currently runs as wet led only, with an opportunity for someone to introduce potential back bar food snacks. The local community provides a strong established day-to-day trade, with the opportunity to grow the business further with the introduction of entertainment, live sports, and community-based events throughout the week. The layout of the pub and location to the playing fields would support the introduction of pub sports teams, and the rear room can be utilized as a private function room to provide additional revenue to the business.
Accommodation
The private accommodation is located on the first floor, is in good order and of a comfortable size, and comprises of three large bedrooms, lounge, kitchen, and bathroom.
Financial
Annual Rent: £16,000 – stepped rent available
Security Deposit: £3,000 (Bond build up)
Working Capital: £3,000
Stock: £3,500
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.
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.
Company
At Admiral Taverns, we pride ourselves on being the UK's leading operator of community pubs, with over 1,400 pubs nationwide. Our success is driven by our passionate and dedicated team, who embody our core values: ONE TEAM, WE CARE, MAKE A DIFFERENCE.
We’re committed to building strong partnerships with you and empowering you to make a success of your own business. Whether you’re looking to run your own pub or expand your experience in the industry, we’re here to support you every step of the way.
If you think you have what it takes to run an Admiral pub, then we would love to hear from you so get in touch today!
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