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Contact Us | Licensee Support Area | Privacy Notice | Modern Slavery Statement

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YOUR INVESTMENT

£12,500

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsCask AleKitchenSports TeamsCar ParkBeer Garden
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Antelope

Warwick, CV34 4TU

Please leave your details and our team will be in touch. * fields are required

OR CALL 01244 321 171 FOR MORE DETAILS

The Antelope is located in Packmores, Warwick; a market town in the county town of Warwickshire lying south of Coventry and just west of Leamington Spa. The pub sits prominently on the busy A425 leading into Warwick town centre with attractions such as Warwick Castle, Priory Park and array of high brand shopping outlets. The town has excellent transport links to the A46 and M40 within a five minutes drive connecting Birmingham to London.

Pub Layout

On entrance you are greeted by one main bar with open viewing to all trading areas. To the left of the entrance is the bar lounge for comfortable drinking, a small dining area and televised sports viewing to keep customers entertained, and to the right of the entrance is a darts oche with a mixture of fixed and loose seating throughout. A commercial kitchen is located behind the bar. A lobby leading to the toilets is through the sports area with an external exit leading onto a beautiful courtyard providing comfortable benches and a well-constructed smoking shelter. Externally there is also a car park housing approximately ten vehicles.

The Antelope is predominantly trading as a drinks focused community pub with a sports offer. A light bites menu is available however there is a fantastic opportunity to further increase trade during the day using various levers and to boost the overall income. Sports plays an important role with darts and a live televised offer with Sky Sports.

Private Accommodation

The private accommodation is located on the first floor and consists of three bedrooms, kitchen, bathroom and lounge.

Annual Rent: £29,000

Security Deposit: £5,000

Working Capital: £4,000

Stock: £3,500

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 ideal licensee for this pub will have some experience of running community pubs on a busy housing estate. They must be able to integrate within the loyal customer base and build on this by introducing some fresh ideas and new activity so the pub appeals to all age ranges living within the area.  Admiral may consider a refurbishment with the right licensee and vision.

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.

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OPEN DAYS

The Admiral Way WebinarOnline20th September 2021
3pm - 4:15pm
Meet The Team – North EastBorder Terrier, Hartington Rd North Shields, England, NE30 3SF29th September 2021

11am - 5pm
Meet The Team – ShrewsburyBell Inn, Cross Houses, Shrewsbury SY5- 6JJ30th September 2021
11am - 4pm