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Contact Us | Licensee Support Area | Privacy Notice | Modern Slavery Statement

Slide Admiral COVID-19 licensee support and Rent policy - Please click here (last updated June 8th) ‘RISING FROM LOCKDOWN' - RE-LAUNCHING YOUR PUB RENT DISCOUNTS AVAILABLE OF UP TO 40% In accordance with our rent policy A letter from our CEO to our licensees - September 24th 2020
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YOUR INVESTMENT

£9,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsFunction RoomLive MusicKitchenSports TeamsLetting RoomsBeer Garden
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Cross Keys

Llantrisant CF72 8BR

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OR CALL 01244 321 171 FOR MORE DETAILS

The Cross Keys is situated in the centre of Llantrisant village which lies between Pontyclun and Pontyrpidd. Llantrisant is located in the Rhondda Cynon Taff overlooking the Vale of Glamorgan and the River Ely and is home to the Royal Mint. The pub is situated on the edge of a retail park, so more could be made of the passing trade.

Pub Layout

On arrival through the front door you are greeted with a large well-maintained horseshoe bar with a pool table on the right and a selection of seating including a raised relaxed area with sofas and dart board. There are traditional wooden floors throughout the bar area. To the left of the bar there is a dining area which can seat 30 covers, and a raised area often used as a stage for weekly entertainment. The ladies and gents toilets are situated away from the main bar area leading out to a paved garden with benches and a small sheltered area. The kitchen has a two-door entry and is well equipped. The upstairs has been renovated into a function room with its a own separate bar and toilets.

The Cross Keys is a community pub in a thriving local area. Although food is not currently offered there is scope to develop further and explore a wider menu choice. The staging area proves popular with weekend entertainment. The pub is home to both a pool table and darts board which boosts mid week trade. Televised sports events such as football , ruby and racing is very popular and the previous tenant has numerous television which is a good addition to the trade.

Private Accommodation

The accommodation can be reached through a separate door from the street or through the pub and currently one en-suite room is used as a letting room with further two bedrooms and bathroom. It would suit either a family or all three rooms could be developed into letting accommodation which would be well received in the local area.

Security Deposit: £5,000

Stock: £1,000

Working Capital: £3,000

Rent: £17,000

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.

I am looking for a passionate and driven individual or couple who is familiar with the local area. You will need to have the vision and skills to continue to growth this great pub. The re launch of a good solid food offer is essential to cater to the ends of the locals and visiting tourists.

Currently Opens from 2pm

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.

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