Run an Admiral Pub, Railway Inn, Leamington Spa

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

Job summary

A leading pub management company seeks an enthusiastic licensee for The Railway Inn in Leamington Spa. The role requires a strong vision for engaging the community with events like live music and sports. Applicants must be prepared for financial investment in the business, ensuring high standards and exceptional customer service. This position offers a unique opportunity to lead a well-located pub with potential for growth.

Benefits

Private accommodation above the pub

Access to training programs

Qualifications

• Must be prepared to invest financially in running the pub.
• Capable of creating an engaging entertainment schedule.
• Experience managing a bar and providing outstanding service.

Responsibilities

• Oversee daily operations of the pub.
• Maintain high standards of customer service.
• Attract a range of visitors from the local community.

Skills

Strong vision for the pub

Excellent customer service

Experience in pub 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 Railway Inn pub is situated in the town of Leamington Spa, a town in Warwickshire. The pub stands on Clemens street in the market town of Leamington surrounded by secondary shops and housing. A good spot for the locals to unwind, relax and enjoy. Warwick university is in close proximity expanding the pubs reach to students in the area. The pub also has great transport links with direct trains to London Euston from Leamington Spa station just 300m away. Admiral taverns invested in The Railway in 2019, with a new signage scheme and a complete new décor.

Pub Layout

The pub is accessed via the front door, you will enter into a vibrant and eclectic bar area containing both fixed and loose seating and a small bar. An additional bar area boasts a pool table and more seating, as well as plenty of room for vertical drinking in busier periods. The external courtyard has outdoor seating, and is utilised all year round.

Trading Style:

The pub boasts a generously stocked bar featuring an extensive range of beverages, ranging from cask ales to premium lagers and on-trend spirits. An engaging entertainment schedule is the cornerstone of this pub, offering team sports, Sky TV, and community events like quiz nights. Music has been a hit in the past, and the incoming tenant will need to maintain this tradition. A robust marketing strategy is imperative to attract daytime customers in the busy town centre, while also enticing evening drinkers with an attractive entertainment line up and sports.

Accommodation:

Private Accommodation. There is a large private accommodation located above the pub consisting of three bedrooms, separate bathroom and toilet, kitchen and a large lounge.

Financial:

Annual Rent: £10,000

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

Working Capital: £3,000

Stock: £1,000

Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.

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.

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:

This busy town centre pub needs an enthusiastic licensee with a strong vision for the pub. Rhythm of the week is to include live music and sports, including pool and darts teams to attract customers from the local community. Located within walking distance to the train station and a university, the licensee should look to attract a range of visitors and appeal to the wider community. High standards and first class customer service should be at the forefront of this pub and will put it ahead of its competitors.

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. 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.