Run an Admiral Pub, Ford Green, Stoke on Trent
Job Type: Leased & Tenancy, Run a Pub, Pub Manager
Sector: Pubs and Bars
Contract Type: Full Time
Pub Layout
The pub trades as a one room operation and is recently decorated throughout. As you enter the pub, you find yourself in the bar with a pool table located to the right and a well stocked bar servery to the left. Throughout the bar is a mixture of fixed, loose and vertical seating surrounded by three large TV's showing live sports, a jukebox and two games machines. The ladies and gents toilets are accessed via the bar. Externally and to the rear is a large external drinking area which is a real suntrap in the summer months.
Trading Style
The Ford Green is a community pub in a densely populated suburb of Stoke. The pub is popular for games and sports teams and presents a great opportunity for the future licensee to become part of the community. The pub is trading well and provides a strong base; however, the new licensee should focus on building on this by encouraging new customers to use the pub through entertainment, sports teams and events which will boost the overall profitability for this pub. The outside drinking area is also another way to enhance trade, particularly during the summer months as locals like to enjoy the sunshine whilst socialising with friends and family.
Accommodation
The accommodation is accessed via the pub, behind the bar. Split over two floors, on the first floor is the kitchen and lounge with the three bedrooms and bathroom located on the second floor.
Financial
Annual Rent: £15,000
Security Deposit: £3,000
Working Capital: £1,500
Stock: £1,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero 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.
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
The ideal licensee will be able to demonstrate the drive and passion to ensure the pub remains at the heart of this community. They’ll need to ensure there’s an excellent entertainment programme in place along with good quality beers and ales. A strong marketing plan would be essential to ensure it is the go-to pub every day of the week. Local knowledge would be preferred but not essential.
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.
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.
At the centre of every great Admiral community pub is a dedicated licensee.
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.
Our licensees come from all walks of life. Some have run a pub before, some are completely new to our industry. Wherever you are in your journey, we’ll focus on finding the right pub for your vision and tailor our approach, support, and the training we offer to meet your needs.
You can be confident that in partnering with us, you’ll have an experienced team behind you. You can draw on a wealth of support and knowledge when you need it to maximise your pub’s potential.
Partnering with us means you’ll have a highly experienced team behind you. You can draw on a wealth of knowledge when you need it, and support to maximise your pub’s potential. We are all working towards the same goal – creating the best community pubs and a business to be proud of.
Finding the right first pub agreement is just as important as choosing the perfect pub itself. That’s why we offer a clear and straightforward range of agreements, backed by comprehensive support every step of the way, including:
* Marketing
* Catering
* Gaming
* Utilities
And much more!
Our dedicated Recruitment Team are here to support you every step of the way in finding your ideal pub. With extensive industry knowledge and a passion for helping you succeed; our team take the time to understand your preferences and skillset. From exploring available opportunities to providing tailored advice and guidance, we are committed to matching you with the perfect pub that aligns with your vision and aspirations. Whether you’re taking your first steps into the hospitality industry or looking for your next big opportunity, our team is ready to help you make your dream a reality.
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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