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The Miners Arms is a large corner property located close to the centre of Workington. It is a prominent site, close to a busy roundabout on the A596 which runs through the centre of the town. Workington is a coastal town located on the west coast of Cumbria on the mouth of the River Derwent, 32 miles west of Carlisle, 8 miles north of Whitehaven and 7 miles west of Cockermouth. Comprising a population of approximately 25,000 residents, Workington is a town which is primarily working class and has higher percentage of residents over the age of 55 than the national average. The town s seeing a resurgence in its night life, with the recent opening of Bees Knees around the corner from the Miners Arms, and number of other refurbishments in pubs and bars around the area. There is also a levelling up grant of £10m set aside to improve infrastructure and employment in the Workington area that will filter through in the coming years.
Pub Layout
Upon entering through the main door to the front of the premises, customers can turn right in to the lounge area of the pub, which hosts a small bar, a mixture of fixed and loose low level seating and a fire for those cosy evenings. Turning left, the customers are welcomed in to the sports area. This is home to the pool table with walls adorned with TV's showing televised sport. Following round to the back of the pub there’s a larger well-stocked bar area with low level fixed seating, loose tables and chairs and a darts throw. At the rear of the pub, there is a beautiful beer garden complete with patio area with seating for approximately 20 customers and a parking area for 3-4 cars.
There are two floors of private accommodation, consisting of four bedrooms, living room, bathroom and kitchen.
Annual Rent: £10,000
Security Deposit: £5,000
Working Capital: £2,000
Stock: £2,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – 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.
Admiral Taverns are seeking a licensee or couple who have the vision to revitalise the Miners Arms ensuring they build on the strong foundations already in place and aim to introduce new initiatives and enhance its offerings to attract new footfall to the area. Providing exceptional customer service, organizing regular events and activities, and offering a diverse range of beverages and potential food offerings can help create a haven where locals feel comfortable and valued. A strong marketing plan, including leveraging social media platforms, is a crucial step in raising awareness and driving traffic to the pub. By engaging with the community online and offline, you can create a buzz around the Miners Arms and position it as the go-to spot for socializing and entertainment in the area.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
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.
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