Run an Admiral Pub, Pike & Eel, Daventry

Admiral Taverns - Leased & Tenancy; Daventry; On-site; GBP 14,000 - 35,000

Job description

Job Type: Leased & Tenancy, Pub Manager

Sector: Pubs and Bars

Contract Type: Full Time

The Pike and Eel is the true definition of a well-supported community estate pub. The pub trades on a wet-only basis and is well known for offering televised sports, getting involved in local charities, and hosting events. During the weekends, the pub comes alive with a strong entertainment programme such as discos and live music. The offer is value but presented well. The new licensee may wish to implement a back bar snack offer in terms of a pie or pizza oven. We have in-house support to help launch this.

Accommodation: Private Accommodation

Directly above, the accommodation consists of three bedrooms, kitchen, lounge, and bathroom.

Financial Information:

1. Annual Rent: £14,000
2. Security Deposit: £2,000 (Deposit build up to £5,000)
3. Working Capital: £2,000
4. Stock: £2,000
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.

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.

Company

At Admiral Taverns, we pride ourselves on being the UK's leading operator of community pubs, with over 1,400 pubs nationwide. Our success is driven by our passionate and dedicated team, who embody our core values: ONE TEAM, WE CARE, MAKE A DIFFERENCE.

We’re committed to building strong partnerships with you and empowering you to make a success of your own business. Whether you’re looking to run your own pub or expand your experience in the industry, we’re here to support you every step of the way.

If you think you have what it takes to run an Admiral pub, then we would love to hear from you so get in touch today!