Blue Bell – Bolsover

This is a fantastic opportunity for an experienced licensee with a passion for community pubs. I am particularly keen to hear from publicans familiar with similar demographics, who understand the value of local connections and authentic hospitality. Strong marketing skills both in-house and across social media would be a real asset in driving footfall, promoting events, and shaping a retail offer that truly resonates with the area. If you’re passionate about pubs, thrive on engaging with your locals, and have the vision to grow a much loved pub into a community hub, then this could be the ideal pub for you.

The Blue Bell is a well established and attractive community pub situated in the historic town of Bolsover, approximately six miles east of Chesterfield and 10 miles northwest of Mansfield. Ideally positioned between the iconic Bolsover Castle and the town’s main commercial centre, the pub enjoys a prime location with excellent visibility and passing trade. and is adjacent to a large estate comprising of 1960/70s red brick semi-detached housing most of which is privately owned. Bolsover has easy links to Chesterfield and Mansfield town centre amenities, local schools, recreation facilities, hospitals and the busy M1 motorway.

Layout

The pub is a charming, traditional stone built property. The main trading area consists of two bars; to the front of the pub is a large, comfortable L-shaped main lounge bar, and towards the rear is a separate pub sports bar/tap room which currently homes a pool table, both with their own compact bars. The fixtures and fittings are all in good order and the pub is in presentable condition throughout, it has a balance between both loose and fixed seating. Externally the pub has a rear car park for approximately 12 cars, beyond this is an outside socialising area with picnic benches that has stunning views across the valley towards Chesterfield this really is something special and a perfect area to host community fun days and charity events in the summer months. Adjacent to this at the rear is a small timber smoking shelter.

The Blue Bell currently trades as a wet led, community focused business. The pub shows televised sports and is very well supported, and there is a regular entertainment programme in terms of karaoke, weekend DJ and events such as bingo and quizzes. The pub offers a wide product range, ensuring there’s something for every customer. There is clear potential to enhance the offer by introducing a simple, lower level food menu such as handheld snacks including pizzas, pies, and other quick-serve items to further drive footfall and dwell time. The beer garden is a standout feature, offering an excellent opportunity for increased community engagement. Although currently underutilised, this space has the potential to host regular events such as summer BBQs, charity fundraisers, and outdoor entertainment, helping to strengthen community ties and increase revenue.

The private accommodation is in good order and consists of three bedrooms, sitting room, kitchen, bathroom and office. A perfect place for a family or individual to call home .

Annual Rent: £16,500

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 for by the licensee 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.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

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.

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 – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 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.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *