Job Type: Leased & Tenancy, Run a Pub, Pub Manager
Sector: Pubs and Bars
Contract Type: Full Time
Pub Layout
The Red Hart is steeped with history and periodic features. On entry, you are greeted with three distinct trading areas. The main bar is well stocked with a premium drinks range and cask ale, complemented by traditional décor with beautiful wooden beams and panelled walls. There are two dining areas with eclectic loose seating, tiled flooring, and lovely log fires creating a welcoming and cosy atmosphere in the colder winter months, with a fully operational commercial kitchen to the rear. The beer garden is situated at the front of the pub alongside the car park, which can accommodate up to 20 vehicles.
Trading Style
The Red Hart is a fantastic example of a great community food pub, complemented by a fantastic range of premium spirits, cask ales, wines, and great coffee from the bar. The food is currently of a high standard with fantastic promotional offers, with Sunday lunch being extremely popular. The beer garden lends itself to community events which could be hosted throughout the year.
Accommodation
Private Accommodation
This accommodation consists of two bedrooms, a kitchen, a sitting room, an office, and a bathroom.
Financial
Annual Rent: £23,500 – Starting rent available
Security Deposit: £3,000 (Deposit builds up to £5,000)
Working Capital: £2,000
Stock: £5,000
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
This stunning pub in beautiful surroundings is a fantastic opportunity and offers a “wow” factor. We are looking for an experienced licensee/couple with vast knowledge of running food-led community pubs. You should have experience in preparing and delivering a high standard of good quality home-cooked traditional pub fare. You will be skilled and familiar with all areas of social media and modern marketing techniques, which will be used to drive footfall and awareness as this is a small village surrounded by several well-established food pubs/restaurants all within a two-mile radius. A focus on engaging with the community is critical, and creating a memorable experience every time is key to keeping your locals. Championing customer service, the right retail offer, high standards, and operational excellence will be fundamental to success. A visionary business plan is required that articulates the “What” and the “How” this will be used in business meetings to measure traction and further opportunities.
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 will be held on your account and returned to you on exiting 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 recommended amount required for 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, and 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.
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 *
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.
At the centre of every great Admiral community pub is a dedicated licensee.
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.
Our licensees come from all walks of life. Some have run a pub before, and some are completely new to our industry. Wherever you are in your journey, we’ll focus on finding the right pub for your vision and tailor our approach, support, and the training we offer to meet your needs.
You can be confident that in partnering with us, you’ll have an experienced team behind you. You can draw on a wealth of support and knowledge when you need it to maximise your pub’s potential.
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.
Finding the right first pub agreement is just as important as choosing the perfect pub itself. That’s why we offer a clear and straightforward range of agreements, backed by comprehensive support every step of the way, including:
* Marketing
* Catering
* Gaming
* Utilities
And much more!
Our dedicated Recruitment Team is here to support you every step of the way in finding your ideal pub. With extensive industry knowledge and a passion for helping you succeed, our team takes the time to understand your preferences and skillset. From exploring available opportunities to providing tailored advice and guidance, we are committed to matching you with the perfect pub that aligns with your vision and aspirations. Whether you’re taking your first steps into the hospitality industry or looking for your next big opportunity, our team is ready to help you make your dream a reality.
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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