Run an Admiral Pub, Cross Keys, Epperstone

Admiral Taverns - Leased & Tenancy; Nottingham; On-site; GBP 30,000 - 31,000

Job description

Run an Admiral Pub, Cross Keys, Epperstone

Located within the Gedling district, about 7 miles northeast of Nottingham, this pub offers a quiet, rural setting with city amenities nearby.

Pub Layout

The Cross Keys boasts exceptional curb appeal and is presented in good condition throughout the entire site, inside and out. Upon entering through the front door, you're welcomed by a charming traditional wooden bar, well-stocked with a premium selection of lagers, cask ales, and fine wines. To the left, the tap room offers a cosy and inviting space, perfect for relaxing with family or friends over nibbles and drinks. This room features a darts board and a TV screen, ideal for enjoying sports events in a friendly atmosphere. To the right, you'll find the lounge area, which accommodates around 40 covers. This space combines a relaxed sofa area with a variety of tables and chairs, set against a mix of carpeted and wooden flooring. The lounge also benefits from a traditional fireplace, enhancing the ambiance, particularly on chilly winter evenings. Outside, the pub continues to impress with an expansive outdoor area. A large grassed section is complemented by a decked area, perfect for al fresco gatherings. The generous car park provides space for approximately 20 vehicles.

Trading Style:

The Cross Keys is a beloved pub for both locals and visitors, blending the charm of a cosy pub with the appeal of a quality dining experience. A new licensee will have the exciting opportunity to build on the success of this thriving pub, focusing on serving high-quality, home-cooked meals, including weekend specials and the all-important Sunday roast. Promotional menus, such as lunchtime offers and “Fish Friday,” are likely to be warmly welcomed by the loyal customer base. Reviving popular midweek events, like the quiz night, and introducing new attractions, such as acoustic or soul music evenings, could further enhance the pub’s rhythm and appeal throughout the week. Externally, the pub’s vast potential truly shines. The expansive beer garden is an idyllic summer spot for hosting events like BBQs or charity fundraisers, providing a perfect setting for customers to enjoy food and drinks in the sunshine.

Accommodation: The Private accommodation consists of three bedrooms, kitchen, bathroom, sitting room, and an office/store room. A perfect space for a family to call home.

Financial:

Annual Rent: £30,500

Security Deposit: £5,000

Working Capital: £4,000

Stock: £6,000

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 is an exciting opportunity! We are seeking an experienced couple or individual with a strong background in food and a proven track record in a similar style of business. The ideal candidate(s) will possess excellent business acumen, strong marketing skills, and a commitment to maintaining the highest standards in both food and service. Consistency is key, ensuring every customer enjoys a top-quality experience. Creativity and innovation will also be essential. You’ll need to think outside the box to develop a weekly rhythm that appeals to a broad market, including introducing engaging food promotions, varied entertainment, and continuing popular events such as quiz nights while hosting community-focused activities.

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. This only applies to pubs marked with an Asterisk *