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Run an Admiral Pub, Saddle Inn, Fulford

Run an Admiral Pub, Saddle Inn, Fulford
Admiral Taverns - Leased & Tenancy
Hempstalls
GBP 25 000 - 45 000
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Run an Admiral Pub, Bull & Bush, Loughborough

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Star Pubs Management Agreement - Horse & Jockey Waddington - Lincoln

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Run an Admiral Pub, Mountain View, Colwyn Bay

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Run an Admiral Pub, Saddle Inn, Fulford

Admiral Taverns - Leased & Tenancy
Hempstalls
GBP 25.000 - 45.000
Descrição da oferta de emprego

The Saddle is a traditional pub situated in the charming village of Fulford, boasting plenty of character and a prime location. The pub is located on the main road of Fulford, approximately half a mile from York city centre and one mile from the York Designer Outlet and York Racecourse. Given its position on the main road through Fulford, it benefits from excellent public transport links, with a bus route providing easy access to the city centre. The Saddle is an exceptional site, rarely available for tenancy due to its desirable location.Pub LayoutUpon entering The Saddle, you are greeted with an open-plan room featuring a central bar servery, a mix of fixed and loose seating, and high-level bar stools. An open fire adds a cosy atmosphere during the winter months. A door leads to a second trading space, ideal for dining, which connects to the kitchen. Additionally, there are five letting rooms, three of which have en-suites, accessed separately. Externally, a large beer garden at the rear offers several wooden benches, and there is car parking available for up to eight vehicles.Trading Style:

The Saddle is a cosy and community-focused wet led site with the potential of a mid market food offering. The addition of five letting rooms, all en-suites, represent a valuable revenue source and turn the pub into a small inn or bed and breakfast, attracting visitors or guests attending events in the area.

Accommodation:

Private Accommodation

The private accommodation consists of two bedrooms, bathroom, office but has no private kitchen.

Letting accommodation

There are 5 letting rooms on site. There are four double rooms and one family room, all are en-suite.

Financial:

Annual Rent: £25,000

Security Deposit: £5,000

Working Capital: £4,000

Stock: £3.500

Fixtures and Fittings: To be confirmed upon valuation– funding options 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:

We are seeking an experienced and dynamic licensee to manage this beautiful site featuring 5 letting rooms (4 doubles and 1 family room, all en suite). The ideal licensee will have a strong background in hospitality, a passion for homemade traditional pub food, and proven expertise in marketing and social media.

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 *

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* O salário de referência é obtido com base em objetivos de salário para líderes de mercado de cada segmento de setor. Serve como orientação para ajudar os utilizadores Premium na avaliação de ofertas de emprego e na negociação de salários. O salário de referência não é indicado diretamente pela empresa e pode ser significativamente superior ou inferior.

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