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Five Bells, Lower Halling

Lower Halling, ME2 1BZ

Your investment

£16,000

Agreement Type

Tenancy
  • Central location with plenty of local residents
  • Opportunity to drive food offer
  • Well equipped catering kitchen

The Five Bells is a large, double-fronted, detached pub in Lower Halling, conveniently located between the M2 and M20. The pub is on the main road through this popular village and is predominantly wet-led with a traditional food offering. Locals regularly support the pub, using it for community meetings with friends and family plus other events. The large garden to the rear is very popular during the summer.

Pub Layout

The trading area consists of a central bar serving both the lounge bar and restaurant area with a large catering kitchen, all on the ground floor and the cellar located down below. The kitchen is well equipped for a busy catering outlet with a large potential for growth. There is a large garden to the rear and side of the pub which can be used by customers and ample car parking for approximately 12 vehicles.

The Five Bells is an idyllic destination pub and is ideal for customers looking for quality food and drink. It is also a model locals pub offering live entertainment, quiz nights and a game of darts. This pub really does sit at the heart of the community with an opportunity to develop further.

Private Accommodation

The private accommodation is all on the first floor and includes, lounge, kitchen, bathroom and three bedrooms.

Annual Rent: £29,500

Security Deposit: £5,000

Working Capital: £6,000

Stock: £5,000

F&F: TBC – 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.

We are seeking dynamic licensees, who will grow the business by developing the food offer and driving beer volumes, good service, high standards and their involvement in the community and beyond. From live entertainment, community events and local sports teams, this will need to be done by offering an exceptional service along with excellent marketing and an online Social Media presence. Our new licensee will ideally need to have an understanding of the area and the demographics that surround the pub, and also be a driver of great standards throughout, having knowledge of the food market and being able to show initiative to develop this amazing opportunity.

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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