Run an Admiral Pub, Black Swan, Wakefield

Admiral Taverns - Leased & Tenancy; Wakefield; On-site; GBP 25,000 - 45,000

Job description

Pub Layout: Entrance to the pub is located between a shop and a bar/restaurant. A small courtyard passage leads to the main entrance. Once inside the lobby area, you can take the door to your left or the door straight ahead; both doors lead into the one-room, open-plan, galley-style operation. To the left, you'll see the bar and DJ booth. The bar, with its complete mirrored wall, is stocked with premium drinks and cocktails, perfect for this late-night venue. A few steps down to a lower level, you'll find a raised stage to the right, a dance floor, and two booth areas with high-backed bench seating and mood lighting to enhance the atmosphere. The main area opposite the bar features a mix of bench seating areas and low-level tables and chairs. The combination of the mirrored bar, tiled walls, and wooden floor, balanced with wallpaper and dark paint, is designed to give the venue a trendy, chic late-night feel. At the end of the room, patio doors lead to a small enclosed paved courtyard with tables and chairs, perfect for alfresco drinking.

Trading Style: The Black Swan is a popular town centre late night venue offering an excellent range of premium products and an extensive range of spirits and minerals. A wet led establishment, the Black Swan has a strong customer base with a core of regular late night drinkers where trade is dictated by activity such as DJ’s, karaoke, open mic evenings, live music and extensive drink offers which have proven successful within the community. It has scope to develop these events further by introducing team sports, promoting televised sports increasing weekly trade with marketing and social media essential in maximising the footfall.

Accommodation: Private accommodation, accessed via a separate entrance, is of a good size. It consists of three bedrooms, open plan living room, kitchen, bathroom and office over two floors.

Financial:

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £3,000

Stock: £3,000

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: Admiral Taverns are looking for an experienced licensee who has local knowledge and has run town centre establishments previously. The applicants must have the passion and knowledge of running a successful business and who are cheerful and sociable and are willing to build a great rapport with the local community. The ability to cater for different groups of people from different age groups and backgrounds, continuing to support the current customer base whilst attracting other less frequent users is essential. Marketing and a better and more profitable bar line up alongside excellent retail standards, a calendar of regular sport and entertainment with a good knowledge of the local area will be helpful as the pub is much loved by the regulars and has the scope and location to be the hub of the community and increase footfall.

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.

*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 *