Welcoming our first Singing Canary to the Proper Pubs growing portfolio This is an exciting opportunity to run a vibrant city centre bar. Proper Pubs are investing in a full transformational refurbishment costing around £350,000. The pub is situated in the the popular city of Newcastle Upon Tyne, with a student population of 64,000. Just a stones throw from the bustling train station which welcomes visitors to the the city of Newcastle, the pub is situated in middle of the busy life night scene and following on from investment will be the go to venue. This is an amazing opportunity to take the helm of a lively, city centre bar in the heart of Newcastle upon Tyne. Newcastle is one of the UK’s most vibrant and exciting cities, famous for its rich history, stunning architecture, lively nightlife and friendly locals (Geordies), it’s a city that blends tradition with modern energy. Pub Layout This pub will have the ultimate WOW factor, spread across two vibrant and exciting floors. Designed to surprise and delight, the space will be bursting with colour, energy, and unique features that set it apart. Upstairs, you'll find the perfect space for private events, featuring a self-serve karaoke wall, a well-stocked bar, upgraded toilets and a stylish enclosed outdoor area. Downstairs, the atmosphere will be warm and welcoming, with a fresh, modern feel. Expect sleek fixtures and fittings, high poseur tables, a dedicated stage, and because one isn’t enough a second karaoke wall And, of course, no great night out is complete without an dance floor to keep the party going. This isn’t just a pub it’s an experience. Get ready for something bold, fun, and unforgettable. Trading Style: This pub is all about bold colours, vibrant energy, and unforgettable experiences, a place where the ordinary is left at the door With a 1 AM license during the week and on Sundays, and an extended 3 AM license on Fridays and Saturdays, this venue is designed to maximise every opportunity with DJ nights, live music, and high energy entertainment. The well stocked bar caters to all tastes, offering a variety of promotions throughout the day and night. Expect competitive pricing, exciting deals, and payday parties that bring the crowd together for a celebration like no other. A true highlight of the pub is its state of the art self serve karaoke stage, where customers can step up, take to the mic and show off their talents. Midweek entertainment will keep the party alive with bongo style bingo, quiz nights, interactive game shows, and more, creating an atmosphere where all age groups can join the fun and keep the energy high. This isn’t just a pub it’s a destination. Get ready for something different, something exciting, and something truly unforgettable Accommodation: Private Accommodation The private accommodation is on the third floor and consists of two bedrooms, kitchen, bathroom and lounge. All is great condition throughout and is a perfect place to call home after those busy nights. 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: Martin Wood is looking for a dynamic individual or couple to match the energy of this vibrant venue. You must live and breathe hospitality & entertainment, always ready to showcase your talents and bring the crowd to life. This is a high energy, fast paced venue, so the ability to adapt to diverse crowds is essential, while maintaining a firm hold on the business operations. As the operator of this exciting pub you’ll need to surround yourself with a professional, dynamic team and ensure that every element runs smoothly. Your creativity will be key in crafting unforgettable entertainment, with a passion for delivering only the best performances to keep the venue at the top of everyone’s list. This is the place to be, and we need someone who’s ready to make it the go to destination for unforgettable day or night. 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 of 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 recommend 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 piece 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