If you are looking to lease a pub in Abertilly, The Rolling Mill is available !
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Lease A Pub In Abertillery – The Rolling Mill Is Available !
The Rolling Mill is situated on the high street in the town of Abertillery. Situated on the A467, Abertillery was formally a major coal mining centre so benefits from strong road links in and out of the area and is about 25 miles from Cardiff City Centre. Abertillery borders the Brecon Beacons National Park and the Blaenavon World heritage site, showcasing stunning views and scenery all year round. The name Abertillery means “mouth of the River Tyleri” which flows into the town and paired with the surrounding landscape, brings hill walking opportunities, walking groups, tourists, photographers and more to the area.
Pub Layout
As you walk into the Rolling Mil, you have the choice to enter left or right. It is a two room operation served by a central bar that runs between the two rooms. As you turn right you have the general room with a big screen, juke box, a mixture of fixed and loose seating and which is the general day to day drinking bar. As you enter and turn left, you enter the tap room. Again a mixture of fixed and loose seating that is also home to the dart board and pool table. At the back of the tap room is a set of stairs that leads to two rooms upstairs. One has previously been used as a small restaurant and could seat approximately twenty four people. This leads through to a second function room. Currently this function space has three darts boards and is used for darts leagues. It has a large open floor and it’s own bar and could comfortably host sixty to eighty people.
Private Accommodation
The private accommodation consists of a bathroom and kitchen on the first floor. The kitchen caters for both the private accommodation and the pub. There are five rooms on the second floor. These are made up of four large rooms and one smaller room. Currently these are used as three large double bedrooms, one living room and a smaller office.
Annual Rent: £ 12,000
Security Deposit: £5,000
Working Capital: £2,000
Stock: £2,500
Fixtures and Fittings: 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.
* Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Rolling Mill is a fantastic community pub on the high street with a good trading history. Admiral is looking for an individual or couple that will look to expand on the opportunities that this great pub has by introducing a new food offer, continuing to develop and drive the opportunities that sport has to offer, premiumising the range to fit with new and exciting market trends, as well as continuing the entertainment programme to strengthen this well loved community asset. The successful candidates will also need to utilise social media to widen the appeal of the pub to a bigger audience and thus attract new customers and build on the already strong local following the Rolling Mill has. There is also room to develop a small yet consistent great cask beer offer here as well.