Run an Admiral Pub, Masons Arms, Newport

Admiral Taverns - Leased & Tenancy; Newport; On-site; GBP 14,000 - 40,000; Full time

Job summary

A leading pub management company seeks passionate individuals or couples to manage The Masons Arms, located in Newport, South Wales. This role involves overseeing pub operations, improving the food service, and engaging with the local community. A strong marketing plan and social media presence are essential for driving business. The annual rent is £14,000 with additional financial commitments.

Benefits

Training program

Maintenance support package

Qualifications

• Strong connections with the local community.
• Experience in food service to enhance pub offerings.
• Ability to implement marketing strategies.

Responsibilities

• Oversee daily pub operations.
• Implement food service and community engagement strategies.
• Maintain high retail standards.

Skills

Retail standards

Community engagement

Marketing planning

Social media presence

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 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 Layout

The 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: Initial deposit of £3,000 building up to £5,000 or the equivalent of three months’ rent, whichever is greater

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.

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.

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 *