If you are looking to lease a pub in Stoke On Trent, The Ford Green is available !
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Lease A Pub In Stoke On Trent – The Ford Green Is Available
The Ford Green, Norton is located in the north-east of Stoke on Trent. The Ford Green is a small estate-type pub located on the main road and is set in a residential area surrounded by a combination of terraced and semi-detached housing all in easy walking distance of the pub.
Pub Layout
The pub trades as a one room operation. Freshly decorated throughout. Large, secured, external drinking area to the rear of the pub. With Carpark to the front. As you enter the pub you find yourself in the bar area. There is a pool table located to the right and to the left you will find a well stocked bar. Throughout the bar is a mixture of fixed, loose and vertical seating. Three TV’s thought the bar, duke box an d Two games machines. Toilets are access via the bar.
The Ford Green, Stoke on Trent
The Ford Green is a community pub in a densely populated suburb of Stoke. The pub is popular for games and sports teams and presents a great opportunity for the future operator to become a part of the community. The pub is trading well and provides a strong base for the future operator to build upon through continuing to grow the customer base. Encouraging more customers to use the pub throughout the week including lunchtimes, evenings and weekends as well as focusing on quality cask ales will see trade grow further. The outside drinking area is also another way to enhance trade, particularly during the summer months
Private Accommodation
The Accommodations is accessed via the pub, behind the bar. Split over two floors, on the first floor is the kitchen and lounge and the 3 bedrooms and bathroom are on the second floor.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Lease A Pub In Stoke On Trent – The Ford Green, Stoke on Trent
Annual Rent: £14,000 (Rent Steps Available – £150 PW for first 4 weeks, £200 PW for 8 Weeks, £250 PW for 8 Weeks)
Security Deposit: £3,000
Working Capital: £3,000
Stock: £3,000
F&F: TBC (Funding options may be available)
Training: £325 plus VAT
Based on the April 2023 rating list, the Zero Rates Payable is based on the licensee only occupying one property for commercial purposes.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
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: 9000
Annual Cost: 15000
Lease A Pub In Stoke On Trent
The Business Development Manager is looking for a licensee who can demonstrate the drive and passion to ensure the pub remains at the heart of this community. They’ll need to ensure there’s an excellent entertainment programme in place along with good quality beers and ales. A strong marketing plan would be essential to ensure it is the go to pub everyday of the week. Local knowledge would be preferred but not essential.
