Run an Admiral Pub, Saddlers Arms, Walsall

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

Job summary

A leading pub chain is seeking a community-minded licensee for The Saddlers Arms located in Walsall. The role includes managing day-to-day operations, enhancing the pub's food offerings, and engaging with the local community. Candidates should have a passion for hospitality and an understanding of pub culture, with an initial financial investment required for effective management. An attractive package includes a low annual rent and a supportive training program.

Qualifications

• Experience in managing a pub or similar establishment is advantageous.
• Ability to cater for diverse customer needs.

Responsibilities

• Manage daily operations of the pub and ensure a welcoming environment.
• Develop and promote food offerings to attract more customers.
• Conduct community engagement events to enhance local patronage.

Skills

Community knowledge

Catering experience

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 Saddlers Arms is a popular estate pub, which offers a friendly welcome to families, locals, and new customers alike. Located in Bloxwich a small town to the north of the borough of Walsall, which benefits from good links to both the M6 and M54 motorways. Over 9,000 households live within 1 mile radius of the pub.

Pub Layout

The pub is a large two-room operation, there is a bar area as you enter to the left of the front doors and to the right is a large lounge area. Both rooms have their own bar servery and are completely separate from each other so can be utilised as separate function rooms if needed. There is a small catering kitchen situated back of house which can accommodate service for all styles of catering and plenty of storage space. Externally there is a large lawned area with tables and benches for casual drinking or dining and there is also a sheltered terraced area off the lounge for dining or drinking. There is a small car park to the front side of the property. The pub has been invested in both internally and externally in the last 18 months. The fixtures and fittings are very nice and appropriate for this style of pub.

Trading Style

The Saddlers Arms is a fantastic community local popular with families and couples from the surrounding community, as well as being home to sports teams and hosting team events. The regular karaoke and quiz nights, as well as live music at weekends, means there is much to encourage customers to come to the pub. Food also plays a key part to the success with a tasty, well-priced menu that has something to cater to everyone.

Accommodation

Private Accommodation: The private accommodation consists of three bedrooms, living room, kitchen, bathroom, and toilet.

Financial

• Annual Rent: £19,000
• Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
• Working Capital: £2,000
• Stock: £5,000
• Fixtures and Fittings: To be confirmed upon valuation – funding options may be 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

We are looking for a real community licensee for this fantastic pub. Local knowledge although not essential, will be advantageous to ensure that the offers and service values really meet the needs of the customers. There’s an opportunity to develop the daytime food offer to include breakfasts, light lunches, and early bird offers to further broaden the customer base, so catering experience would be useful.

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 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.
• 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.
• 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.