Run an Admiral Pub, Kingsland Tavern, Southampton
Job Type: Leased & Tenancy, Run a Pub, Pub Manager
Sector: Pubs and Bars
Contract Type: Full Time
Pub Layout
The pub is a prominent, two-storey property with its frontage and entrance on St Marys Street and the side elevation on Kingsland Square. Externally, there is a large marquee adjoining the left-hand side of the pub, providing an advantageous overspill area, particularly on football match days, and a covered smoking area for customers.
The trade area is dominated by a large horseshoe-shaped bar servery. To the left of the bar is access to the marquee, low-level loose seating, and a darts area. To the right, you will find fixed seating along the front window and a popular pool table. Several flat-screen TVs and games machines are throughout.
Trading Style
The offer at the Kingsland is wet-led, focusing on live sports. The pub is a home fans' favorite for Southampton FC followers, with a large influx of supporters on match days. Music and entertainment are also offered on weekends and after most home games. There is an opportunity to introduce a back bar snack offer – pies, pasties, hot dogs, etc. – to complement the live sports and to become part of various darts and pool leagues.
Accommodation
On the first floor is the private accommodation consisting of four bedrooms, a living room, bathroom, and kitchen.
Financial
Annual Rent: £22,500
Security Deposit: £5,000
Working Capital: £3,000
Stock: £3,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief.
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 is seeking a licensee who will drive wet sales and introduce a back bar food offer. An ambition to improve the drinks offer and overall retail standards, as well as customer service and communications, is highly desirable at this site. We require an experienced, community-focused operator who is ideally from the local area.
Future Plans
Our licensees come from all walks of life. Some have run a pub before, while others are new to our industry. We focus on finding the right pub for your vision and tailor our support and training to meet your needs.
If you think you have what it takes to run an Admiral pub, then we would love to hear from you!
#J-18808-Ljbffr