Job Type: Leased & Tenancy, Run a Pub, Pub Manager
Sector: Pubs and Bars
Contract Type: Full Time
The Wellington is a locals pub. This opportunity would be an ideal starter pub for someone wanting to enter the industry and take on their own business. There is an opportunity to introduce a small back bar food offer, providing snacks. Admiral Taverns can offer the training and support to a new licensee to enable them to provide a snack menu which will provide additional income to the business. There is plenty of scope to build the business by introducing cask ales and develop the existing drinks portfolio. Pool and darts are popular amongst the pub with live sports also popular. Entertainment is key in this fantastic community pub; however, there is scope for this to be developed further by offering a ‘rhythm of the week’. The pub also benefits from electric charging points.
Accommodation
The private accommodation is located on the first floor and is in good decorative order. It consists of three bedrooms, a lounge, kitchen, and bathroom.
Financial
Annual Rent: £10,500
Security Deposit: £3,000
Working Capital: £2,000
Stock: £1,000
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 Wellington is a very successful locals pub and presents a fantastic opportunity for the right licensee. We are looking for someone with the vision, drive, enthusiasm, and passion to continue to move this business forward. This pub could suit someone looking to enter into the hospitality industry and run their first pub. You will be keen to engage with the local community by offering regular entertainment, pub sports, and other community activities.
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 Asterix.
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.
Partnering with us means you’ll have a highly experienced team behind you. You can draw on a wealth of knowledge when you need it, and support to maximise your pub’s potential. We are all working towards the same goal – creating the best community pubs and a business to be proud of.
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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