Run an Admiral Pub, Trumpet Inn, Ilkeston

Admiral Taverns - Leased & Tenancy; Ilkeston; On-site; GBP 21,000; Full time

Job summary

A pub management company is seeking individuals to operate a local pub in Ilkeston. The role requires managing day-to-day operations, engaging with the community, and potentially offering food services. Financial investment is necessary, and training will be provided. This is a great opportunity for both experienced operators and newcomers looking to make a substantial impact in the local area.

Benefits

Training program

Admiral Taverns Premium Maintenance Package

Access to marketing strategies

Qualifications

• Financial investment required for running the pub.
• Ability to manage pub activities and community engagement.
• Experience is preferred but not required.

Responsibilities

• Oversee daily operations of the pub.
• Engage with the local community and ensure customer satisfaction.
• Manage inventory and maintain the pub's facilities.

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 Trumpet is a three storey semi-detached building located in a highly residential area of Ilkeston called Cotmanhay. Local shops and amenities are close by and the town centre is only a five minute drive – there is easy access to bus routes. With a population of circa 4,500 there is a large local target market.

Pub Layout

Upon entering the pub there is a central bar servicing all areas of the open plan trade area. To right of the pub there is seating for approximately 25 with access to the toilets and to the left is a pool table and darts area with access to a lovely external courtyard drinking area which is located to the rear of the pub. In good order and well kept, the pub has a welcoming feel and has a feel of exactly what it is – a wet led community pub. Although no pub car park, there is parking nearby.

Trading Style:

The Trumpet is very much a locals pub for the local community and offers pool, darts, sports viewing and a skittle alley. Currently this is a wet led pub but has the potential for a basic handheld back bar food offer. With the low rateable value, Sky Sports is key to the retail offer.

Accommodation:

Private Accommodation

This consists of three bedrooms, lounge, kitchen and bathroom which are all in reasonable order.

Financial:

Annual Rent: £21,000

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: £2,000

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:

This pub is suitable for both experienced and first time operators in particular those that have a passion for ensuring that this pub continues to play a large role in the local community and have the vision to drive the sales further.

Our vision for the Trumpet is to be the local pub of choice in the community with an emphasis on pub activities and sports viewing together with introduction of a backbar food offer.

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. 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 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. Please note, this only applies to pubs marked with an Asterix *