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The Bron Eryri is located just off the A55 in the town of Penmaenmawr, situated close to the popular seaside resorts of Colwyn Bay, Llandudno and Caernarfon. Penmaenmawr is very popular in the summer months and has stunning views of the North Wales coast and was named after Penmaenmawr mountain, which stands above the sea immediately west of the town.
The pub is a two room operation with a central bar servicing both rooms. The room to the front of the pub is currently used as a lounge area with comfortable seating and is home to the big screen TVs. The room to the rear is used as a games room and also leads out onto a decked patio which overlooks the spectacular views of the coast.
The Bron Eryri is a traditional drinks led pub benefitting from a main roadside location running through the town of Penmaenmawr. The pub offers a wide range of activities including pub teams, live sports and weekly entertainment.
The private accommodation is located on the first floor and consists of two bedrooms, lounge, bathroom and kitchen.
Annual Rent: £18,000
Security Deposit: £5,000
Working Capital: £2,500
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.
We are looking for a licensee with good local connections and the skills to develop and grow the offer. They will have a clear vision for the business and bring fresh ideas to the table to work alongside existing clientele and look to attract new clientele as well as holidays makers in the peak season. They will have the ability to develop cask ales and introduce a basic snack menu as this will provide an additional income stream to the 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.