The Half Moon, Rugby
West Midlands
Lawford Road, Rugby CV21 2DY, UK
The Half Moon is a terraced property located on a busy road on the outskirts of Rugby town centre. There are numerous houses surrounding the pub with a fairly significant population. It has plenty of local amenities and small businesses on its door step and the town centre is only a short walk. Rugby is a market town in Warwickshire, close to the River Avon. The town has a population of approximately 70,000 making it the second largest town in the county.
Pub Layout
The pub has two main entrances off the high street which both lead into one large trading area. This area is sectioned off into zones with the bar taking prominence and then the pool area off to the side. The toilets are located to the rear of the pub. There is a good-sized kitchen that isn’t being used however with some work and equipment, a basic food offer could be incorporated. The condition of the pub and its fixtures and fittings are good but would benefit from being upgraded and Admiral may look to invest with the right licensee. Externally, there is a small patio area at the back of the pub which is currently used as a smoking area. The pub does not have its own car park but on street parking is available nearby.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The Half Moon is popular with locals and has a good cask ale following. Although there is no food at present there is potential to introduce a small but simple food offer. The pub has a pool team and hosts skittles with the opportunity to re-introduce a skittles team. Entertainment consists of a successful karaoke night, however, there is scope to develop the offer. Sports play a big part in drawing business into the Half Moon and with Sky TV in place the locals can enjoy major sporting events.
Private Accommodation
The private accommodation consists of two bedrooms, a private kitchen, lounge and good sized bathroom.
Annual Rent: £520 (£10 per week)
Security Deposit: £2,000
Working Capital: £1,000
Stock: £2,000
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.
* Based on the April 2023 provisional rating list, the Zero Rates Payable is based on 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.
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: 5000
Annual Cost: 520
Admiral Taverns are looking for a licensee that is community minded who can embrace the current trade and build on it by attracting new customers. Excellent retail standards are a must as is a passion for the cask ale.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
Make an Enquiry
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.