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The Angel Inn is a large detached property located on a main road on the outskirts of Swadlincote Town Centre. The pub benefits from being situated in a residential area close to local amenities including a new residential complex that has recently been completed. Swadlincote is a town located in South Derbyshire, approximately three miles from Burton-upon-Trent and approximately ten miles south of Derby.
The pub trades from a large split level open plan room with an L-shaped servery. On entering the pub, you are immediately in the bar where the bulk of the regulars like to drink. This then leads onto a lounge dining area with an open fire offering a warm and inviting ambience. Just off this area is a fully equipped catering kitchen. Separate to this is a lounge area with a pool table and darts area. The pub has a mixture of carpet and tiles throughout with a ceiling and traditional beams. The toilets are located to the left side of the pub and the cellar is located on the ground floor behind the bar. All fixtures and fittings are in a good condition. Externally, to the rear there is a large car park for up to 30 cars and a superb garden to cater for al fresco dining and entertainment.
The Angel Inn currently trades as a destination pub with a split trade of 70/30 food orientated. Weekends and evenings provide live entertainment for the local community. There are many opportunities to develop a new food menu, bring sports teams back such as pool and darts and offer events liaising with the community and surrounding areas.
The private accommodation is located on the first floor and consists of one bedroom, lounge, bathroom and separate toilet which are all in good order.
Annual Rent: £11,000
Security Deposit: £5,000
Working Capital: £4,000
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: £250 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The incoming licensee(s) must be able to ingratiate themselves into the local community by developing those key relationships. They will need to drive new custom by establishing a rhythm of the week by introducing pool and darts teams, running small events such as quiz nights and include a superb food menu. With the well equipped kitchen and as an established food outlet, it would suit someone with good cooking skills to re-launch a new menu and put their stamp on the pub.
The premises may qualify for Small Business Rates Relief in which case the non-domestic rating liability may be nil subject to the ratepayer occupying only one property for the purposes of business.
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)
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
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 – This is required when taking on a Business Support Agreement. Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester. Please note, you will be required to attend this workshop before signing a long term tenancy agreement.
Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.