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The Bulls Head is an impressive stone built detached property located in a suburban area of Buxton called Fairfield. Fairfield is a residential area approximately half a mile from the centre of the popular market town. The pub is on a main road close to Buxton Golf Club. Buxton is a historic town in the peak district with a population of about 21,000. The historic Derbyshire spa town sits close to the borders of Cheshire and Staffordshire and it is close to Macclesfield and Glossop. Buxton has good transport links with a train station and good road links, with Sheffield and Chesterfield both being under 30 miles away. Admiral Taverns are looking to build a business relationship with a licensee who is familiar with the area or has experience running a community style of pub.
On entering the Bulls Head, you have two trading areas, each having their own servery. The first is a large room which houses the pool table and darts throw area. The second has a smaller servery with soft seating, up the spiral staircase is a large function room. The toilets can be reached by both these areas and there is a commercial kitchen which would need investment should the new licensee want to introduce a food offering and maximise the pubs full potential.
The Bulls Head is very much a community pub with a strong sport following and favourable drink trade. The pub has good mid-week footfall, mainly boosted by the various darts teams that play from the pub. Sky Sports plays a key part in the business along with a strong entertainment offer at the weekends. There is no food offer at present but could be introduced with some development to the commercial kitchen.
The domestic accommodation is on the first floor and consists of three bedrooms, a large lounge, bathroom and office/storeroom. The accommodation is basic and in reasonable condition. There’s also a kitchen/diner within the private accommodation which has recently been refurbished, but requires white goods adding. There are further rooms on the second floor however this area is unused and would need significant investment to make habitable, this area is not currently accessible.
Annual Rent: £11,000
Security Deposit: £2,000
Working Capital: £1,000
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.
Admiral Taverns are looking for a licensee who wants to become part of the local community and is willing to be heavily involved in the various sporting events this great pub has to offer. The right person would want to drive this business forward by taking advantage of the upstairs function room to capitalise on the weekend entertainment offer. You may look to invest in the catering kitchen and introduce a food offer which will provide additional income to the business. Experience in advertising this business through all channels including social media would be highly advantageous however training can be provided.
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.