Run an Admiral Pub, Bush, Silverdale

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

Job summary

A community-focused pub group is seeking enthusiastic licensees to manage and revitalize a local pub. The candidate must be prepared to invest in the operation and enhance the community hub with homecooked meals and welcoming service. This is an exciting opportunity for individuals passionate about community and hospitality.

Qualifications

• Must be prepared to invest financially in running the pub.
• Experience in hospitality management is beneficial.

Responsibilities

• Revitalize and manage the pub in the community.
• Serve homecooked meals and maintain a welcoming atmosphere.
• Oversee operations, including financial management.

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 Bush is a remarkable pub with immense potential, located in the heart of Silverdale. Silverdale is a village and civil parish in the borough of Newcastle-under-Lyme in Staffordshire, known for its historic connection with the coal industry and Silverdale colliery. The Bush sits at the centre of this village surrounded by the beautiful country park which was built on the former colliery site and is part of the land trust due to the restoration project funded by the National Coalfields programme. This historic establishment offers a unique opportunity for the right operator to revitalize and elevate this beloved community gem.

Pub Layout

The Bush boasts a spacious, inviting bar and restaurant area that can accommodate up to 60 guests. Whether you’re looking to host a cosy dinner, a lively gathering, or a culinary experience, this versatile space is ready to be transformed. There is a separate bar and games room where you can enjoy the flexibility of a dedicated area for patrons seeking relaxation and your very own games room for those who enjoy a bit of friendly competition. There is also the added bonus of the function room which is generously-sized, capable of hosting up to 50 people. Perfect for private events, celebrations, or business meetings, this space can be customized to meet your vision. The Bush features an expansive garden area, ideal for outdoor dining or simply soaking up the sun, where families can appreciate the on-site children’s play area, making this perfect for social gatherings.

Trading Style:

The Bush is a family friendly community pub serving homecooked meals including a carvery. This local pub is stoked with premium products and is renowned locally for well kept ales. The Bush shows live sporting events, host live entertainment and private functions, making this the perfect go to community local.

Accommodation:

Private Accommodation consists of three bedrooms, a lounge, kitchen and bathroom.

Financial:

• Annual Rent: £26,000
• Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
• Working Capital: £3,000
• Stock: £5,000
• 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:

At the Bush, our vision is to breathe new life into a well-established pub that sits at the heart of the community. We’re on the lookout for an enthusiastic licensee or a dynamic couple who can build upon the pub’s already fantastic foundations. Our dream is to create a haven where locals and visitors alike come together to savour the simple pleasures of life – great food, perfectly kept beer, and unforgettable entertainment. We envision a warm and inviting atmosphere where the laughter of friends and the aroma of home-cooked meals fill the air. With the support of Admiral Taverns, we’re ready to invest in this vision. We see the Bush as more than just a pub; it’s a hub of community life, a place where memories are made, and stories are shared. Join us in transforming the Bush into the go-to destination that embodies the spirit of our community – a place where everyone feels at home.

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. We will also carry out a credit check as part of your application, which may affect the deposit amount required.
• 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. 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 piece 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. Please note, this only applies to pubs marked with an Asterix *