Pub Layout
Upon entering through the front door, you step into the pub via a porch, leading into the spacious trading area with an open-plan layout. To the right, there's a walkway leading to the toilets, a darts board, and to the left, you'll find the pool area. The establishment boasts a single bar for patrons to enjoy. Facing the front of the building, to the right there is a small car park which can cater for circa 6 vehicles and to the rear is the external drinking area. There is further external seating to the front of the pub also.
Trading Style:
Currently, the Rawdon operates as a wet-only community pub. It features televised sports for patrons to enjoy, hosts a weekly quiz night, and occasionally offers live entertainment.
Accommodation:
This accommodation consists of three bedrooms, lounge, kitchen and bathroom.
Financial:
1. Annual Rent: £19,750
2. Security Deposit: £3,000 (deposit build to £5k)
3. Working Capital: £2,000
4. Stock: £4,000
5. 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.
6. Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
7. 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:
We are seeking a licensee who possesses a deep understanding of the local area and harbors a genuine passion for running a community pub. This individual should be committed to engaging with all members of the community, ensuring inclusivity, and revitalizing the pub as the preferred gathering spot for both long-time patrons and newcomers alike. There is scope to introduce a simple backbar food offer and increase on the current rhythm of the week. The Rawdon could suit someone new to the trade or an experienced licensee.
Future Plans:
Additional Information:
1. 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).
2. Security Deposit: This sum of money will be held on your account and will be 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.
3. Working Capital: This is a recommended amount required which will be used in the day-to-day running of the business.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. *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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