Run an Admiral Pub, British Flag, Harwich

Admiral Taverns - Leased & Tenancy; Tendring; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading pub management company is looking for a dedicated individual to manage the British Flag pub in Harwich. The role requires financial investment to take on this opportunity, along with effective management of operations and customer service. Ideal candidates will have experience in hospitality and a passion for community engagement. This pub is well-located and frequented by local patrons and visitors alike. Competitive rental terms apply.

Qualifications

• Applicants must be prepared to invest financially in taking on and running this pub.
• Candidates should have experience in hospitality or pub management.

Responsibilities

• Manage the daily operations of the pub.
• Develop promotional activities to attract customers.
• Ensure a quality customer experience.

Job description

Please note: Applicants must be prepared to invest financially in taking on and running this pub. To understand the level of investment required, please review the financial section.

The British Flag is situated on the historic coastal port of Harwich on the North Eastern edge of Essex close to Colchester and Clacton. It’s a historic area with the port close by that still handles large commercial freight as well as a ferry links to the Hook of Holland. Together with Dovercourt the population is over twenty thousand and there are train links to Colchester, Ipswich and London (ninety minutes) from the nearby Harwich Station. There are several amenities all within walking distance to the pub which is located just off the A120 West Street surrounded by residential housing and businesses.

Pub Layout

On entrance you are greeted by a large L-shaped single bar layout with comfortable mixed seating to the front and a games area to the back of the pub including a pool area. There is a medium size rear patio garden that is in good order and provides a good sunny area to sit and drink.

Trading Style:

The British Flag is in the heart of Harwich and very close to the sea! It attracts an array of visitors including those working at the nearby docks and is also known locally as a community pub serving the community and families. The British Flag is part of a small old town circuit with other pubs and tends to trade better later in the day and evening. Live music plays a key part of attracting customers with karaoke and live acts a common theme on Friday and Saturday evenings.

Accommodation:

Private Accommodation: The private accommodation is located on the first floor and can be accessed internally which consists of three bedrooms, kitchen, bathroom and is in good condition.

Financial:

Annual Rent: £15,000 – Starting rent of £50 p/w (net) available.

Security Deposit: Initial deposit of £2,500 building up to £5,000 or the equivalent of three months’ rent, whichever is greater

Working Capital: £1,500

Stock: £3,500

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.

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:

The British Flag has plenty of scope to develop its offer further such as an excellent real ale offer, tasty back bar food options and live entertainment. Making more use of the attractive rear garden is also key here. The spacious layout of the trade area, lends itself to welcoming pool and darts teams and this could form a beneficial and additional revenue stream for the business.

Additional Information:

• 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).
• Security Deposit – A security deposit is required when applying for a pub with Admiral. This will be the greater of £5,000 or three months’ headline rent. The deposit is held on your account and returned when you leave, subject to your final account balance and the condition of the property.
• Working Capital – This is a recommended amount required which will be used in the day-to-day running of the business.
• 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.
• 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.
• 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.
• 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.