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Run an Admiral Pub, Gamecock, Bury

Admiral Taverns - Leased & Tenancy
Bury
2 weeks ago
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Overview

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 Gamecock is located on Rochdale Road, a busy main road opposite Fairfield General Hospital in Bury. Bury is a market town on the River Irwell in Greater Manchester, England. Metropolitan Borough of Bury is administered from the town, which had an estimated population of 78,723. Bury offers an array of bars, restaurants, shops & pubs. A very popular area for all aspects of hospitality. Bury benefits from its proximity to major roads such as the M66 motorway, which provides connections to Manchester city centre and other nearby towns. Bury is also served by the Metrolink tram system. The Bury line connects Bury to Manchester city centre and other locations in Greater Manchester.


Pub Layout

When entering the site you arrive directly at the one bar operation with a good selection of premium and standard products. To the right of the bar there is a comfortable seating area with a real fire, with central areas housing tables and chairs and another real fire. We then move into a conservatory area which is used as a function room / entertainment then we move outside to a nice patio area with the tables and chairs on a higher level and a lower level leading on to a smoking solution to the rear. There is a pool room to a raised level with hatch feed to the main bar this area doubles up as a function room. Externally there is a large disused beer terrace to the rear of the property (potential for future development), but there are patioed areas with garden benches to lower levers and to the front elevation giving approximate covers of 26 outdoors.


Trading Style

The pub currently trades solely on wet market at the moment. However, there is a commercial kitchen that is not used. A food offer needs to be implemented and developed, considering its location on the steps of an extremely large hospital, vast passing trade and community chimney pots surrounding


Accommodation

The accommodation comprises of: Three bedrooms, a large kitchen dinner lounge and bathroom/shower /WC.


Financial

Annual Rent: £19,000

Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater

Working Capital: £1,000

Stock: £3,000

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.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.


BDM Vision

Admiral Taverns are looking for an eager first time licensee (s) or an experienced licensee to put their stamp on the Gamecock, offering a good selection of standard and premium wet products and a good value food offer that will cater for the hospital market and also the local community. There is potential for investment here with the right licensee.


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 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 *


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