The Gilnow Ams is less than one mile from Bolton town centre on the main arterial main road from the M61, it is surrounded by takeaways, shops and businesses and is around 500 yards from Bolton college. Either side of the main road are large residential areas made up of numerous terraced streets. The Gilnow Arms has a great following from the local community and is busy throughout the day from opening, it is supported mainly by older customers aged above 35 and has a great following for its bingo and games night. It also has darts team, cards teams and has a pool team ready to start in the next league. Pub Layout The Gilnow Arms is a traditional pub which is maintained throughout. Upon entering through the front entrance, you are greeted by the open plan room with a mix of fixed and loose seating and serving bar set back. To the right is a darts and pool area with a small snug area beyond, which is mainly used by card players. To the rear is a enclosed yard with a smoking shelter. Trading Style: The Gilnow Arms is a true locals pub serving the local residential area and has a good level or regular trade. Busy throughout the day from opening with further customers coming in for a drink after work and then later into the evening for bingo and the games nights. The pub hosts a darts and dominos team along with a card club and has a pool team waiting. Entertainment is hosted weekly with either a DJ of Karaoke and there is monthly live music. Accommodation: Private Accommodation The private accommodation consists of: Three bedrooms, lounge, kitchen and bathroom with separate toilet. 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: Derick Cooper the Business Development Manger is looking for an experienced community operator that is used to running or managing a pub that is there to serve the local custom, preferably a couple that will throw themselves into community life and further make the site the hub of the community. It needs a couple that are as happy talking football and racing with the customers as they are behind a mic calling bingo and running open the box. 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