Run an Admiral Pub, Drummond Arms, Southampton
Pub Layout: The main trade area of the Drummond is spacious and dominated by the central bar servery, visible to the customer from the front entrance. There is a games area to the right rear of the bar with pool table, gaming machines and darts board which is regularly utilised by the local darts team. The trade kitchen is conveniently accessed through a door to the right of the bar. There is a fantastic beer garden at the back of the pub, arguably one of the best in Southampton, which is accessible from the games area and front trade room. The garden is a huge asset, with a raised lawn, terrace barbeque area and additional terraced space with pergola and bench seating lower down.
Trading Style: The Drummond is a predominantly wet-led pub with a clientele of local regulars & students where everyone is always welcome. Good home-made pub food is served, and the outstanding Sunday roast is good value and very popular with returning customers. With an approximate 80/20 wet/food split, the retail offer is focused on students and locals with 3 HD TV screens showing as much live sport as possible on including FA Premier League, rugby & internationals. Pub sports teams and quiz nights are regular favourites at this popular venue as well as a busy calendar full of events.
Accommodation: The private accommodation is very spacious and comprises three bedrooms, lounge, bathroom, kitchen and office.
Financial:
Annual Rent: £25,000
Security Deposit: £5,000
Working Capital: £3,000
Stock: £3,000
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: Admiral Taverns are seeking an experienced, community focussed licensee, who will be able to connect with the locals and also the student population in Portswood. They will also need to have the ability to unlock the untapped growth potential for wet sales and further develop the food offer, with a new and exciting menu. There is also huge potential to grow the food and drink sales from the secluded and well maintained beer garden. The Drummond Arms is a fantastic opportunity to become the hub of the local community, as well as the go to pub for students living in the Portswood Area.
Future Plans:
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.
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