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The Black Horse is situated in the beautiful historic hamlet of Appleby Magna in Leicestershire, south of Burton Upon Trent. The pub is a striking Tudor style detached property, steeped in history with features inside to match, it is also set in it’s own grounds. Within the affluent village of Appleby Magma there is a selection of mixed housing making it a popular place for all of the locals and people from the surrounding areas too.
The pub is very well maintained and boasts three warm and inviting trading rooms, two of which double as dining areas. The larger of the three rooms is used as a spacious main bar area which provides a comfortable and relaxed environment for drinking and informal food service. There is a well laid out bar servery with a range of cask ales, popular lagers, spirits, wine and more, which caters to all three rooms. The pub benefits from multiple outdoor seating areas including a small flagged patio area and a further gravel patio area to the rear, as well as a large car park. There are also benches to the front of the pub.
The pub currently mainly trades as a food orientated operation but there is an opportunity to further develop the menu and drinks offering too. There is an good range of keg beers, lagers, ciders, an established cask ale market as well as an excellent range of wines, spirits and soft drinks. The current food offer comprises of a traditional home cooked pub food menu which is well received and the pub also offers tasty and convenient sandwiches & lighter bites.
The accommodation is located on the first floor and oozes charm and charisma like the rest of the pub. It has a kitchen, lounge, three large double bedrooms and a bathroom area.
Annual Rent: £20,000
Security Deposit: £5,000
Working Capital: £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.
Ideally the operator should have experience of preparing and delivering a standard of good quality home cooked food menu environment. They should be familiar & skilful with modern marketing techniques as this is a small hamlet but is surrounded by several villages. Engaging marketing is key to attracting from these communities to increase footfall and drive the food offer. Admiral Taverns may present the opportunity of a capital refurbishment for the right tenants with a visionary business plan.
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.