If you are looking to lease a pub in the Nottingham area, you could run ‘The Man Of Iron’ Stapleford !
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Lease A Pub In Nottingham – Run The Man Of Iron Stapleford !
Lease A Pub In Nottingham – Run The Man Of Iron Stapleford !
The Man of Iron is a large double fronted detached pub, situated at the heart of the community its well supported all year round, the pub is surrounded by local businesses and a densely populated demographics. Stapleford is located close to the Derbyshire / Nottinghamshire border. It has great motorway links with the M1 and is in easy reach of the main railway & East Midlands airport.
Pub Layout
The Man of Iron is a one roomed operation, which is serviced by the well stocked L shape bar, the pub is in good condition throughout and has both loose and fixed seating. It benefits from dual beer garden both enclosed, to the front there is space for around 10 benches and to the rear has both an open air and covered area which could easily house 20 benches. There is both a pool table and darts board along with the very popular AWP’s (five) . The product range across the board is vast to ensure all age of its customers are catered for.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Man of Iron is a wet focused community pub , live music is popular at the weekend , they host quiz nights and bingo which creates a great midweek atmosphere and brings additional income. The drinks range is vast with great weekly promotions. The outside space is extensive and lends itself to a great space for community events during those summer months . The pool and darts boards is well used and local teams are well supported.
Private Accommodation
The private accommodation consists of three bedrooms and a good-sized kitchen, bathroom and lounge. All in great condition
The Man of Iron Stapleford
Security deposit – £2,000
This opportunity is for you to run your pub as a self-employed manager. Admiral Taverns take care of all the running costs including rates, utilities, stock and day to day running costs whilst you take home a %age of the weekly sales, you are responsible for paying all employment costs relating to your staff and any council tax for the residential quarters.
This model allows you the freedom to grow your income through increasing sales, whilst the landlords support you and keep the bills paid
No rent applicable on this agreement.
Additional Info
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.
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 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.
Ingoing Cost: 2000
Annual Cost: 0
The Man of Iron Stapleford
The ideal applicant will be able to demonstrate a good understanding of the local marketplace as well as be an experienced community pub operator ( this is not a first time pub). You will need to demonstrate entrepreneurial skills, be motivated, pub-loving individuals who can run a successful business and enjoy all aspects of the hospitality industry.
