The Corner Pin, Chester
North West
186 High Street, Saltney, Chester CH4 8SQ, UK
The Corner Pin is located in Saltney on the outskirts of Chester City Centre on the River Dee. Saltney is located on both the Flintshire (Welsh) and Cheshire (English) borders. The pub is a detached building on the High Street of Saltney which runs on a busy main road towards Chester. Saltney has a population of approximately 6500 with a varied demographic. The pub is currently a wet led offering with potential to introduce a small food offer. The Corner Pin is supported by a great community providing the perfect opportunity to grow both the wet and dry side of the business.
Pub Layout
On entry to the pub you will see a good sized bar area with a variety of cask and drafts beers and ciders, there is currently a games machine by the bar. The bar stretches alongside the right of the pub with both fixed and loose seating to the left. Towards the rear of the pub is the games area with a dart board. The pub is clean and well lit with wooden floors throughout. Outside there is a smoking solution to the right hand side of the pub.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The Corner Pin is a value wet led pub and is very much a locals pub with a strong community presence in the heart of Saltney. It is highly supported by all ages of the community and trades all day every day from opening at 12 noon every day until closing at 11pm most nights apart from the weekend when the hours are extended to midnight.
There is an opportunity for the new licensee to put in place a small food offer such as hot pies, sandwiches or pizza etc.
Private Accommodation
There are three bedrooms located above the trading area with a private kitchen and bathroom which would suit either an individual or small family.
Annual Rent: £12,000
Security Deposit: £3,000
Working Capital: £2,500
Stock: £2,000
F&F: Funding options may be 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 – £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.
*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: 7500
Annual Cost: 12000
We are recruiting for an experienced licensee who knows the area and is looking for an pub that they can introduce their own community values and standards into.
Someone who is not afraid of hard work but who can see the benefits of their endeavours coming through in their bottom line profit margins. The pub like any other will have challenges in the community and a strong character with good morals and work ethics would be appreciated and respected by the local customer base.
Admiral Taverns will support the new licensee each step of the way with in house training and guidance on all aspects of running a successful pub operation.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.