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Commercial Hotel, Abertillery

Abertillery, NP13 1AH

Your investment

£15,000

Agreement Type

Tenancy
  • Perfectly located in the centre of Abertillery
  • Low business rates
  • Huge food opportunity

A rare and exciting opportunity! The Commercial Hotel is the only traditional pub in the very centre of Abertillery close to local shops and amenities. There is an amazing transformation planned for the exterior of the pub, creating the best outside trading space in the town and this along with an enthusiastically driven licensee will breathe new life into this famous pub.

Pub Layout

The trading areas are made up of a nicely decorated comfortable bar, cosy snug/dining area, and a larger area to host events such as live music, quiz nights, darts, and pool and show live sports. The small kitchen area is currently suitable for offering a small, targeted food offer. In addition to the downstairs trading area, there is huge potential in the currently unutilised first-floor function suite. The outside trading areas will be the best in town and will become a secret hidden gem with its festooned lighting, timber pergola, and cool but traditional furnishings and will allow for outside trading all year-round ensuring the Commercial stands out from its competitors.

A traditional town centre site popular for weekend entertainment. There is huge potential for the introduction of exciting food and wide-ranging drink offer including cask ales to broaden the appeal of the pub to families and friends looking to relax in the warm and welcoming surroundings both inside and out.

Private Accommodation

The private accommodation consists of two bedrooms, lounge, kitchen and bathroom.

Annual Rent: £11,440

Security Deposit: £5,000

Working Capital: £5,000

Stock: £5,000

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.

Training: £325 plus VAT

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

This pub would be ideal for an experienced couple or individual with a proven track record in running successful outlets of this type and to share the landlord’s vision for the business. They should have experience of developing, an exciting compelling rhythm of the week and activity programme, have excellent knowledge of handling quality beers and ales and possess the ability to really exploit the new garden area, drive the entertainment and develop the function trade.

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.  Please note, this only applies to pubs marked with an Asterix *


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