Run an Admiral Pub, Penny Farthing, Glasgow
Job Type: Leased & Tenancy, Run a Pub, Pub Manager
Sector: Pubs and Bars
Contract Type: Full Time
Pub Layout
From the street, you will enter the main bar area of the Penny Farthing. This is a spacious area split between a main bar and lounge area in an open plan style. Dominated by the uniquely shaped galley-style traditional bar on the right-hand side, the main bar area features wooden floors, fixed wall benched seating, and low-level loose tables and chairs, with TVs on the walls showing all televised sports. Through an archway to the lounge area, you will find benched booth areas, carpeted floors, and subtle decor providing the perfect ambiance for a quiet drink.
Trading Style
The Penny Farthing is a vibrant and community-oriented pub with a strong emphasis on providing a welcoming environment for its local regulars. As a wet-led establishment, its primary focus is on offering a premium selection of beverages, live sporting events broadcasted on HD TVs, and pub sport teams and activities, such as dominoes. Sunday fun day events, featuring activities like bingo, play your cards right, and live music, add to the pub’s appeal as a lively entertainment venue. Karaoke nights are a firm favourite among the locals, providing an opportunity for guests to showcase their singing talents and enjoy a fun-filled evening of music and camaraderie.
Financial
Annual Rent: £25,000
Security Deposit: £5,000
Working Capital: £2,000
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 an experienced, community-focused licensee, who will be able to connect with the locals and make the pub the hub of the local community. Ideally, the new licensee should have knowledge of the area, the ability to unlock the untapped growth potential for wet sales, and be creative and passionate about local events. A strong marketing plan incorporating televised and pub sports, quizzes, and local charity events, alongside building on the established trade, will ensure the Penny Farthing continues to be the pride of the local community.
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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