Pub Layout: The pub is set to undergo a remarkable transformation, creating a warm and inviting atmosphere for all to enjoy. New fixtures and fittings will breathe fresh life into the space, with a mix of loose and fixed seating providing comfort and flexibility throughout. A dedicated games area will feature two state-of-the-art dartboards and a pool table, perfect for friendly competition. Multiple TV screens will be strategically placed, ensuring customers never miss a moment of live sports action. Outside, the gem of a beer garden will be beautifully revamped into a welcoming area for sunnier days, featuring both grassed and paved areas, plenty of benches, and a covered section for those seeking shelter. The main bar servery will efficiently cater to all areas of the pub, offering a wide range of top-tier products. Customers can look forward to a varied selection of leading drinks, enhanced by regular weekly promotions that deliver exceptional value for money.
Trading Style: This pub is set to become a vibrant hub for the local community! With the full Sky and TNT sports packages and numerous well-positioned TV screens, it will be the go-to destination for catching all the live-action. To maximize its potential, the new operator will play a key role in promoting these features to the wider community, ensuring everyone can enjoy what the pub has to offer. Sports enthusiasts will love the addition of two pool tables and three dartboards, making it an ideal venue for local sports teams and visiting clubs to experience true Willenhall hospitality. Entertainment will be a staple throughout the week, catering to all tastes with an exciting lineup including DJs, open mic nights, jam sessions, and karaoke. Community spirit will be at the heart of this pub. Hosting events and fundraising initiatives will be essential, as we at Proper Pubs are passionate about giving back and making a positive impact on the local area.
Accommodation: Private Accommodation consists of three bedrooms, lounge, kitchen, bathroom, and office. This will all be in great condition following on from investment, making it a perfect home for either 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 take care of all the running costs including rates, utilities, stock, and day-to-day running costs, whilst you take home 18.5% of the net weekly sales, all employment costs relating to your staff, and any council tax and TV licence for the residential quarters.
All new operators have comprehensive free training as part of their agreement.
* 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.
* E-Learning Training for you and your staff: Featuring more than 30 courses for both you and your staff, you’ll have access to a wide range of topics from Compliance, Health and Safety to Personal Development and Wellbeing.
BDM Vision: Alison Davidson, 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 all of the local community. You will need a strong track record in the industry and a genuine enthusiasm for delivering exceptional customer experience. Additionally, a commitment to keeping the community at the forefront of all your initiatives and decisions is paramount. This community-centred approach is integral to our vision and values. The new operator should implement a great rhythm of the week that ideally should include regular live music events along with darts and pool teams coupled with other games/activities associated with this style of the pub.
Future Plans:
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 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 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.
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 Asterix.
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