Pub Layout:
The Open Arms is well presented, featuring wooden benches and barrel seating to the front, the pub has a welcoming demeanour from first glance. Entry to the pub is granted via the front door, leading guests to a welcoming central bar servery that provides access to two distinct trade areas for drinking and dining. To the right of the entrance is a cosy lounge area, furnished with a mix of fixed and loose seating, creating a comfortable atmosphere. The pub boasts a large, fully equipped catering kitchen capable of supporting a comprehensive food menu, adding to its appeal as a dining destination. At the rear, accessible via the lounge, lies a hidden gem: an enclosed courtyard with additional seating, televisions, and its own wishing well. This versatile outdoor space is perfect for hosting summer watch parties for sporting events, as well as expanding the pub's trade area during warmer months, ensuring an enjoyable experience for guests.
Trading Style:
The Open Arms is a well supported pub with a good reputation as a wet led entertainment venue, complemented by a hearty pub grub offer. The bar boasts a range of premium beverages, including an excellent selection of wines and spirits. As a well-established cask ale outlet, it features a variety of hand-pulled ale options, catering to beer enthusiasts. With a trade space accommodating around 40 covers, the pub is highly versatile, appealing to a diverse customer base throughout the week. Its popularity peaks on weekends, thanks to its renowned entertainment offerings and quirky decoration, attracting an eclectic mix of customers. Whether for a meal, a drink, or an evening of entertainment, The Open Arms continues to be a cherished local hotspot.
Accommodation:
The private accommodation is located over 2 floors, comprising of 3 bedrooms, bathroom and separate kitchen.
Financial:
Annual Rent: £36,000
Security Deposit: £5,000
Working Capital: £2,000
Stock: £2,000
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:
The current long-standing licensee has built solid foundations over their reign for the ingoing licensee to continue and develop on further. The pub would benefit from further development of the food offering to re-establish its reputation locally, and further attract midweek trade. This is a great opportunity for someone with great personality, who has passion and pride for customer service and a love of live entertainment, who will continue to build upon the already established customer base. The licensee will engage at every level, leading and driving their business from the front, with the ability to demonstrate marketing techniques to attract customers to the pub from far and wide.
Future Plans:
Additional Information:
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 *
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