Run an Admiral Pub, Grapes Inn, Wrexham

Admiral Taverns - Leased & Tenancy; Wrexham; On-site; GBP 15,000 - 30,000

Job description

The Grapes is nestled between Johnstown and Ponciau in Wrexham, it stands as a detached gem along a busy main road, within a residential area. The closest motorway network is the M53 passing Chester which is 12 miles east of Wrexham. Grapes in is approximately three miles from Wrexham, ensuring convenient links for easy access to the town centre. The pub is more than just a local haunt; it's a hub amidst local amenities such as a bakery, launderette, and a chip shop.

Pub Layout

As you step through the front door, the pub unfolds its charm. A welcoming lounge awaits to the right, while a lively bar beckons on the left, featuring a central bar servery catering to both areas. The bar area hosts the ladies' and gents' toilets, along with the added treat of live music performances in the lounge. For those seeking a bit of friendly competition, the bar area boasts a pool table and darts section. Despite the absence of a dedicated parking space, ample street parking graces the vicinity. Outside, an enclosed drinking area at the rear with benches transforms into a delightful spot to enjoy drinks in the sunshine. The Grapes, not just a pub, but a vibrant community hub.

Trading Style

The Grapes is a traditional village pub offering darts, dominoes and pool to the locals and a great selection of draught lagers and ciders to suit all tastes. Weekend entertainment is also a key driver proving popular with locals. There is an excellent opportunity to develop sports teams to include pool, bridge and football and ensure that the Grapes becomes the hub of the community.

Accommodation: Private Accommodation

The private accommodation is located on the first floor and consists of three bedrooms, lounge, kitchen and bathroom.

Financial

1. Annual Rent: £15,000
2. Security Deposit: £1,500 with deposit build up to £5,000 over tenure.
3. Working Capital: £1,000
4. Stock: £1,000
5. Fixtures and Fittings: To be confirmed upon valuation – Funding options available for the right licensee.
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.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

BDM Vision

We are looking for licensees who are looking to embed themselves within the community and will look to develop and enhance the current offer, bringing ideas and enthusiasm to the table to enable the business to grow. Someone who is good with social media to promote the pub further, there is plenty of opportunity to create an exciting rhythm of the week.

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). On occasion, our Business Development Manager will discuss a start-up rent which is discretionary to an individual pub and can be discussed.
2. Security Deposit: This sum of money will be held on your account and will be returned to you on exiting of 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 recommend 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. 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.
7. 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.
8. *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 *