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Dyers Arms, Rochdale

Littleborough, OL15 8DU

Your investment

£10,000

Agreement Type

Tenancy
  • Excellent Beer Garden
  • Well established wet led offer
  • Supported by local trade

The Dyers Arms is situated on the outskirts of Littleborough town centre opposite Littleborough Fire Station.  Littleborough is a town located in the Borough of Rochdale and is approximately three miles from Rochdale and 13 miles from the centre of Manchester and 1.5 miles from the Hollingworth Lake water activity centre. There are local shops and amenities close by with local schools only a short walk away.

Pub Layout

The Dyers Arms is a wet led pub which trades from a central bar servicing an open plan area with a pool area to the left side of the pub and on the right hand side is a cosy open fire in the middle of the lounge area which is occupied by the locals who enjoy the sky sports and darts board and has fixed seating to the right side along with the ladies and gents toilets.  Externally there is an excellent beer garden where you will find a smoking shelter and benches, ideal for the summer months.

 

The Dyers is a community drinks only focused pub which is well supported by the locals. Trade will come from sports teams, live sport and entertainment. Televised sports has been a benefit with weekend and mid-week matches. Live entertainment at the weekend is popular with solo acts and karaoke at the weekend.

Private Accommodation

The private accommodation consists of three bedrooms, kitchen, lounge and bathroom

 

Annual Rent: £17,500

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

F&F: TBC (Funding options may be available)

Training: £325 plus VAT

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

I am looking to a community focused individual or couple to continue to grow this gem of a pub. You must have a strong weekly entertainment plan and utilise social media platforms whilst encouraging repeat custom through loyalty schemes and great retail standards.

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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