If you are on the lookout for pub tenancies in the Rhostyllen area, The Old Black Horse is available !
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Pub Tenancies In Rhostyllen – The Old Black Horse Is Available !
Pub Tenancies In Rhostyllen – The Old Black Horse Is Available !
The Old Black Horse, Rhostyllen
The Old Black Horse is situated on a corner plot on Henblas street in Rhostyllen which is an old mining village. Surrounded by plenty of chimney pots, a school and local amenities, Rhostyllen is an upcoming area with circa 250 new builds being built and is ideally located approximately 2 miles from Wrexham city centre.
Pub Layout
The main door is approached via the small carpark which leads into the main trading area. Here you will find the ‘L’ shaped open plan bar with a mixture of fixed and loose seating and a games area with pool table and darts board, this area also leads to to the ladies and gents toilets and provides access to the external drinking area. The external area has been refurbished in 2022 and provides a beautiful enclosed, South facing garden and a decking area catering for circa 100 people. There is also a carpark for 12 cars which more than covers the pubs requirements due to most of the trade coming from the local community.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pub Tenancies In Rhostyllen – The Old Black Horse Is Available !
The Old Black Horse, Rhostyllen
The Old Black Horse is a wet led community pub that should have on a focus on drinks with well marketed drinks promotions and offers. The pub should be the hub of the community catering for a wide range of clientele who are accommodated through a strong entertainment schedule.
Private Accommodation
The private accommodation is a good size for a family. There is a separate entrance leading to a living room, three bedrooms, kitchen/diner and a bathroom with separate shower and bath.
The Old Black Horse, Rhostyllen
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £6,000
Stock: £4,000
F&F: TBC – Funding options may be available for the right licensee
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
*Based on the April 2023 provisional 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.
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: 15000
Annual Cost: 0
