Run an Admiral Pub, Masons Arms, Newport

Admiral Taverns - Leased & Tenancy; Newport; On-site; GBP 14,000 - 45,000; Full time

Job summary

Admiral Taverns seeks a dedicated licensee for the Masons Arms pub to enhance community engagement and food offerings. Located in Risca, this pub has substantial potential with a solid customer base and the means to introduce delectable pub grub. The candidate should possess strong marketing and retail skills to effectively manage and grow the business, ensuring it thrives in the local community.

Benefits

Training Programme

Maintenance Package

Qualifications

• Passionate and driven individual or couple.
• Good connections with the local community.
• Skills in developing food offers.

Responsibilities

• Upgrade the pub's food offering to attract families.
• Develop and execute marketing strategies.
• Drive business forward with community involvement.

Skills

Retail Standards

Community Engagement

Marketing Skills

Social Media Presence

Job description

The Masons Arms is a detached pub situated on the busy road through Risca, a small village on the outskirts of Newport, South Wales. It benefits from being surrounded by numerous densely populated housing estates yet just minutes from the main roads connecting to Newport and the train station connecting to the valley and Newport City. Admiral Taverns would like to invest in this pub externally with the new long-term tenant (subject to board approval)Pub LayoutThe main bar is accessed through the front door with the bar in a prominent position straight in front of you. To the right is a small lounge style area with a mixture of fixed and loose seating which is predominantly utilised by the locals. To the left of the bar is another area which houses the pool table and television and is regularly used by the pool team to host home and away matches. To the rear of the pub is a more relaxed lounge area with fixed seating and a log fire. The commercial kitchen is situated on the first floor and the car park is accessed from the side of the pub, having space for ten cars. The pub benefits from two beer gardens one immediately accessed via the rear of the pub, and the second being a paved area reached via the car park.Trading Style:

The Masons Arms is a drinks focused, community local pub with a great opportunity to upgrade the current retail offer by the introduction of food and a strong rhythm of the week. There is a good sized, fully compliant, commercial kitchen to the first floor, which has the advantage of having a dumb waiter to enable the introduction of a wholesome, pub grub food offer. The new licensee should look to relaunch a value food offering bringing in families from the community.

Accommodation: Private Accommodation

The private accommodation is situated on the first floor, with two double bedrooms, bathroom and sitting room.

Financial:

Annual Rent: £14,000

Security Deposit: £3,000

Working Capital: £2,000

Stock: £1,000

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.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

BDM Vision:

Admiral Taverns are looking for a passionate and driven individual or couple who have excellent retail standards. Ideally the best person for this pub would be someone who has great connections with the local community and the skills to develop the food offer. They will need a strong marketing plan, a proactive social media presence to ensure the business is being driven forward.

Future Plans: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 – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property. Our standard deposit is 25% of the headline rent. On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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 *