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Brown Trout, Pontypridd

Pontypridd, CF38 2HA

Your investment

£10,000

Agreement Type

Tenancy
  • Well Established Business
  • Turn Key Operation
  • Readily Available

The Brown Trout is a large detached pub in the Village of Llantwit Fardre. The pub is located on a busy main road just few miles from the center of Pontypridd. Llantwit Fardre is a large village situated on the A437 it lies around 12 miles north of the Welsh capital city of Cardiff

Pub Layout

The outlet trades from two open plan areas which are serviced by one central bar servery, it offers a mixture of fixed and loose seating together with an area suitable for people wishing to stand. There is a separate games area with a pool table. This can be accessed from the front of the premises. On entrance from the side of the premises you are faced with an open plan room which
can cater for live entertainment. To the side of the premises there is a car park for on average 10 cars and a beer garden and smoking solution running along the side of the premises. On the first floor there is a room accessed from the front entrance staircase that could be used as a small function room/meeting room, with access onto an outside decked area.

The pub currently trades predominantly food led at the moment but there is scope to significantly increase the wet offer. A good quality food offer combined with a range of both traditional and modern drinks.  The Brown Trout is also popular for functions.

 

 

Private Accommodation

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

Annual Rent: £20,500

Security Deposit: £5,000

Working Capital: £2,000

Stock: £3,000

F&F: TBC – Funding options may be available for the right licensee

Training: £325 plus VAT

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

The Brown Trout, is very much a locals pub which has a reputation for excellent food. community. The ideal Licensee would have good local knowledge, whilst at the same time understanding both the needs and the opportunities that a community led pub can require and bring. A strong opportunity exits to further develop several trades areas such as food, entertainment and pub sports.

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

Service Charge Cost – £60.89 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 and the licensee only occupying one property for commercial purposes.


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