If you are looking to let a pub in Wrexham, you could run The Grapes Inn !
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Let A Pub In Wrexham
Let A Pub In Wrexham – Run The Grapes Inn !
The Grapes is nestled between Johnstown and Ponciau in Wrexham, it stands as a detached gem along a busy main road, within a residential area. Approximately three miles from Wrexham, ensuring convenient links for easy access to the town centre. The pub is more than just a local haunt; it’s a hub amidst local amenities such as a bakery, launderette, and a chip shop.
As you step through the front door, the pub unfolds its charm. A welcoming lounge awaits to the right, while a lively bar beckons on the left, featuring a central bar servery catering to both areas. The bar area hosts the ladies’ and gents’ toilets, along with the added treat of live music performances in the lounge. For those seeking a bit of friendly competition, the bar area boasts a pool table and darts section. Despite the absence of a dedicated parking space, ample street parking graces the vicinity. Outside, an enclosed drinking area at the rear with benches, transforms into a delightful spot to enjoy drinks in the sunshine. The Grapes, not just a pub, but a vibrant community hub.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Grapes is a traditional village pub offering darts, dominoes and pool to the locals. Weekend entertainment is also a key driver proving popular with locals. There is an excellent opportunity to develop sports teams to include pool, bridge and football and ensure that the Grapes becomes the hub of the community. There is a great selection of draft lagers and ciders to suit all tastes.
Private Accommodation
The private accommodation is located on the first floor and consists of three bedrooms, lounge, kitchen and bathroom.
Annual Rent: £15,000
Security Deposit: £3,000
Working Capital: £1,500
Stock: £1,500
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.
Training: £325 plus VAT
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.
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 – 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 – £60.89 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 and the licensee only occupying one property for commercial purposes.
Ingoing Cost: 6000
Annual Cost: 15000
Let A Pub In Wrexham
We are looking for licensees who are looking to embed themselves within the community and will look to develop and enhance the current offer, bringing ideas and enthusiasm to the table to enable the business to grow.
