Pub Layout:
Walking through the main entrance to the pub from the main road, you will find an open plan large trading space consisting of a spacious dance floor with adjoining DJ booth and housing some upright tables and tall stools for seating. The bar is a wrap around servery, being centrally located inside the pub, and on the same level as the trade space, there are access to the washrooms and also a good sized outside courtyard area, ideal for al fresco social drinking. There is also a commercial kitchen at the site which is in good order, however, due to the pub currently trading as a wet led, late night venue, the kitchen is not being utilised.
Trading Style:
The Barley Mow is a wet-led, late night venue. The pub has a strong history with the LGBTQ+ community, meaning the current trading style brings in a lot of custom from younger people within this community. The pub has an impressive cocktail menu, and, as any late-night venue, the lion share of the trade is Wines, Spirits & Soft Drinks. This pub is also big on entertainment, bringing in lots of revenue from drag acts, live music and open mic nights etc. There is a small commercial kitchen that could lend itself to offer a light food offer. There has previously been a pool table at the venue with a pool team operating from the site, however, this has been removed in recent times.
Accommodation:
The private accommodation consists of two bedrooms, a lounge area, bathroom, and a domestic kitchen.
Financial:
Annual Rent: £22,500
Security Deposit: £5,000
Working Capital: £5,000
Stock: £5,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero 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.
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 ingoing licensee will be well experienced in late night venues and will maintain high standards whilst delivering exceptional service to all its customers. This pub has the potential to be the best late-night LGBTQ+ venue in Bedford, and will require a varied rhythm of the week to reflect its niche. The Barley Mow’s focus should be entertainment, high end spirits and quality beers. The possibility of getting a pool team back at the venue and being part of the league is also a good opportunity to increase revenue and footfall. An excellent social media presence would also be required for this venue due to its popularity with the younger crowds and also to be able to compete successfully with the local market.
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.
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