Run an Admiral Pub, Jolly Brewer, Stamford

Admiral Taverns - Leased & Tenancy; Stamford; On-site; GBP 30,000 - 35,000; Full time

Job summary

A pub management company seeks an experienced licensee for the Jolly Brewer in Stamford. Responsibilities include maintaining the pub's reputation for real ales and enhancing the food menu. The ideal candidate should have pub management experience and strong community engagement skills. The role requires financial investment and offers a competitive rental agreement.

Qualifications

• Must have experience in managing pub operations.
• Strong community engagement skills are necessary.
• Knowledge of premium real ales and traditional catering is required.

Responsibilities

• Maintain and improve the reputation of the Jolly Brewer.
• Enhance the food offering in the pub.
• Manage pub finances and comply with all regulations.

Skills

Experience in managing a pub

Ability to engage with local community

Knowledge of real ales and traditional food

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 Jolly Brewer has recently undergone internal investment, the pub is situated in the affluent town of Stamford, in the district of Lincolnshire bordering Cambridgeshire. The pub is located on the busy through road in Stamford surrounded by residential housing and industrial units. There is good public transport links with Stamford Railway Station only two miles away with commutable links to London, and approximately a five-minute drive to the A1. There are several amenities located within walking distance of the pub including schools, local stores and a sports leisure centre. Stamford Rugby Club, the local hospital and playing fields are all within two minutes drive from the pub.

Pub Layout

On entrance you are greeted by a central servery accessing all trading areas. There is a snug room on the right of the bar with an open fire serving approximately fifteen covers with loose seating. The main bar area is decorated with wooden flooring, traditional wooden beams and an open log fire creating a warm atmosphere throughout for approximately twenty covers. The games lounge is a raised area through the main bar with a darts board and a central pool table. The toilets are accessed the through the back of the games lounge. The well-equipped catering kitchen is located through the bar. Externally there are two car parks housing approximately ten cars in total with a benched patio for external drinking and eating.

Trading Style:

The Jolly Brewers currently trades as an 80/20 drinks focused pub with a big focus on premium real ales, lagers and spirits. There are pool and darts teams playing from the pub a new licensee may with to develop the offer with live sports through BT and Sky viewing. The food is home cooked traditional English food and there is scope to enhance a new menu with more covers.

Accommodation:

The private accommodation is located on the first floor and can be accessed externally and internally. This consists of four good sized bedrooms, two bathrooms, a kitchen and two lounges with and office and storage facility.

Financial:

• Annual Rent: £30,000
• Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
• Working Capital: £3,000
• Stock: £2,500
• 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.

BDM Vision:

We are looking for an experienced licensee to maintain and improve the great reputation the Jolly Brewers has for Real Ale and food with the improvement to the already established food offer. The success of the Jolly Brewers will rely heavily on the licensee engaging with the local community and attracting visitors from the nearby surrounding villages.

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.
• 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.