Run an Admiral Pub, Old Wine Vaults, Eastwood

Run an Admiral Pub, Old Wine Vaults, Eastwood

Job Type: Leased & Tenancy, Pub Manager

Sector: Pubs and Bars

Contract Type: Full Time

Pub Layout

Upon entering the pub, you will find yourself within an open plan layout on a split level, with a separate taproom. The trading area is serviced from a central bar, and there is a functional catering kitchen located to the rear of the bar; however, it does need some upgrading. As you face the pub from the main road, the carpark is to the left and the beer garden to the right.

Trading Style

The Old Wine Vaults is a wet-led site that has a sound reputation for cask ales. By day it is family-friendly, and in the evenings there is a great variety of entertainment, including live music and televised sports. It is home to sports teams and is a vibrant, lively place that is popular with families in the warmer summer months. With the right operator, the landlords are looking to move the retail offer at this site to a value-led wet-site to compete with and take trade from other value-led competition in the area.

Accommodation

Private Accommodation: Consists of three bedrooms, a kitchen, bathroom, and sitting room.

Financial Information

Annual Rent: £20,000

Security Deposit: £5,000

Working Capital: £3,000

Stock: £3,500

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.

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.

Our licensees come from all walks of life. Some have run a pub before, some are completely new to our industry. Wherever you are in your journey, we’ll focus on finding the right pub for your vision and tailor our approach, support, and the training we offer to meet your needs.

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!