If you are looking for pubs to let in the Swansea area, you could run ‘The St George’ !
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Pubs To Let in Swansea – Run The St George !
Pubs To Let in Swansea – Run The St George !
The St Georges is a large corner building situated on the outskirts of the city of Swansea. Swansea caters for both the growing student market and visiting tourists. The pub is nestled between the shopping area and the picturesque sea front. Swansea is a coastal city and the second-largest city of Wales. It forms a principal area, officially known as the City and County of Swansea. The city is the twenty-fifth largest in the United Kingdom with a population of 246,563 in 2020.
Pub Layout
This is a great pub with good retail standards. On entry from the street, there is a small raised area with relaxed sofas and an informal dining area often used by drinkers enjoying the televised sports space. The bar is to the left and has an impressive array of products from cask ales to gins. There is a around 40 covers in the rear dining area. The on-street drinking area is a great space to watch the world go by whilst enjoying a drink.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The St Georges has not only a varied drinks offer with a well stocked bar and great cask ale but a value food offer with an emphasises on a popular weekend carvery . The pub operates with a strong ‘Rhythm of the Week’ with weekly quiz night and live music, alongside a strong football following with sky sports.
Private Accommodation
The private accommodation is in good order and consists of three bedrooms, bathroom, sitting room and kitchen
Annual Rent: TBC
Security Deposit: £3,000 (Deposit Build Option Available)
Working Capital: £2,000
Stock: £1,000
F&F: 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.
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: 6000
Annual Cost: 0
This is a great opportunity for an individual or couple who have drive and ambition to develop an exciting town centre pub with various income streams. You must have the skill set to market this pub to maximise its potential and have clear marketing strategy to embrace all this great pub has to offer.
