Empire, Grimsby

The Empire stands proudly as a spacious detached pub situated in a prime location within the bustling housing estate of Grimsby. Surrounded by various local conveniences such as schools, churches, and shops, as well as numerous sports facilities including Cleethorpes Town FC, the King George V Stadium, and tennis and equestrian centers, it offers a vibrant hub for the community. Additionally, it enjoys proximity to the promenade, boasting several tourist attractions, just a 10-minute stroll away. Grimsby, a significant port town and the in the heart of North East Lincolnshire, merges with Cleethorpes to form a contiguous urban area to the southeast. Positioned 45 miles northeast of Lincoln, 33 miles southeast of Hull, 28 miles southeast of Scunthorpe, 50 miles east of Doncaster, and 80 miles southeast of Leeds, Grimsby recorded a population of 86,138 in 2021.

Pub Layout

The pub features a spacious open-plan area served by a central bar. It offers a blend of both fixed and flexible seating options, with plenty of standing room close to the bar. Inside, The Empire provides entertainment with a pool table and three dart boards, catering to various teams. Outside, a reasonably sized patio area at the back accommodates additional seating, with a front car park provides convenience for patrons. Moreover, the pub boasts a dedicated function room frequently utilised for community gatherings and events.

The pub is a traditional British local pub that is predominantly drinks focused. Renowned for its vibrant sports scene, particularly in darts and pool, the establishment hosts various teams within its walls. Sports enthusiasts can enjoy a plethora of events broadcasted via SKY Sports. There is further opportunity to implement a cask ale offer with a more varied range of drinks. The courtyard has potential to be developed further appealing to drinkers who wish to sit in the sun in the warmer months and to also implement a small food offer.

Private Accommodation

The private accommodation is situated on the first floor and consists of three large bedrooms with a bathroom, kitchen and lounge.

Annual Rent: £18,000

Security Deposit: £5,000

Working Capital: £5,000

Stock: £2,000

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

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.

The Empire is a community pub catering to the locals.  The aim is to have the best community pub in the area by utilising the space in the pub for all occasions but focusing on live sports and teams. The pub should sit at the heart of the community so there is potential to offer family fun days, charity nights and hiring out areas of the pub for parties such as wedding anniversaries and milestone birthday parties. We are seeking a new licensee who will engage with the community by offering something for everyone. We would work with all potential feedback from any applicant and would consider a refurbishment with the right licensee.

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 *