Run an Admiral Pub, Holly Bush Inn, Salt

Admiral Taverns - Leased & Tenancy; Stafford; On-site; GBP 10,000 - 46,000; Full time

Job summary

A leading pub management group seeks an experienced and well-funded licensee for The Holly Bush, a historic pub in Stafford. The ideal candidate should have a proven track record in running a pub, with strong marketing skills and the ability to maximize customer satisfaction. Successful management could lead to a turnover of one million pounds. Financial investment is required for this opportunity.

Benefits

Training programme included

Support for compliance obligations

Potential for low business rates

Qualifications

• Experience in managing a food-led pub.
• Strong marketing skills.
• Proven track record in retail standards.

Responsibilities

• Run a successful food-led pub with excellent standards.
• Maximize sales and customer experience.
• Manage financial aspects including annual rent and working capital.

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 Holly Bush is the second-oldest inn to be granted a licence (in the 12th Century), the structure we see today dates back to the 17th Century with later extensions to the rear. Solid brick construction & white wash rendered throughout, the main section lies beneath a charming thatched roof with the extensions largely being tiled. A destination of choice for many travellers including those using the M6. Lying around 5 miles to the north east of Stafford, the historic village of Salt is positioned where the river Trent, Trent & Mersey canal & the very busy A51 trunk road run more or less parallel to one another. Easy access from the A51 (between Sandon to the north & Weston to the south) means the pub is an excellent destination venue set in beautiful Staffordshire countryside with the likes of Stafford showground & Chartley Moss national nature reserve in close proximity.

Pub Layout

Internally the pub has a very traditional feel with oak beams, exposed brick and open fires including a feature Inglenook which create a real homely cosy feeling. There are three distinct trading rooms namely the bar (which is accessed upon entry); the main dining area and a snug. Together they seat around 80 covers whilst still leaving ample room for drinkers. Serving all of this is a well-fitted and good sized trade kitchen which, like the customer toilets, lies towards the rear. To the rear of the property there is a superb garden which is tree lined and has a large lawn area with picnic tables and heaters, there is also a stretch tent which will increase the number of covers by approximately 35. There is ample car parking available with approx. 35 spaces on the pubs own car park and many more available on the road adjacent to the pub.

Trading Style:

The Holly Bush is a former award winning country pub renowned in the area for its locally sourced traditional food offer & range of real ales. It has a fantastic reputation within the community and is well supported by both visitors and the loyal customer base it has established over the years.

Accommodation: Private Accommodation

This consists of a lounge, kitchen, bathroom and 3 bedrooms.

Financial:

• Annual Rent: £45,500
• Tie release options available – to be discussed with the BDM
• Security Deposit: £10,000
• Working Capital: £5,000
• Stock: £5,000
• Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
• Rateable value:£70,500
• 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 Holly Bush requires an experienced and well funded licensee with great aspirations to run a fantastic food led pub. You will need to be experienced in running a business of this type with excellent retail standards and a proven track record. A strong set of marketing skills is a must to ensure you are maximise all this great pub has to offer. The Holly Bush has the potential to make one million pound turnover if done correctly.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.
• 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 recommend 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 *