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Slide Admiral COVID-19 licensee support and Rent policy - Please click here (last updated September 25th) ‘RISING FROM LOCKDOWN' - GUIDING YOU THROUGH COVID 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

£5,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsLive MusicSports TeamsBeer Garden
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Foresters

Malvern, WR14 3RL

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OR CALL 01244 321 171 FOR MORE DETAILS

The Foresters Arms is a well-positioned corner pub in the area of Barnards Green, Great Malvern. Sat in the centre of a highly sought after area with high ABC1 demographics, this pub offers the right operator a fantastic opportunity to develop this site and create a quality local. It is the only pub in the immediate area of Barnards Green which sits on the edge of Great Malvern, at the foot of the Malvern Hills. It currently trades predominantly focusing on drinks with a heavy emphasis on pub sports, however, we feel that the Foresters has more to offer the community.

Pub Layout

The Foresters comprises of a one-room bar with a small drinking/dining area off the main bar area. There is space for approximately 30 covers, but with some additional seating this could be increased to 40 and still remain comfortable. There is also a small games room although it’s actually too small for a pool table and is currently run down and barely used. The ladies toilets are very small and we are planning to extend them. At the front of the building there are benches for outside drinking and this area needs a little bit of a make-over to make it more appealing. To the rear of the pub there is a small courtyard which needs some love and attention.

The pub currently trades as a locals’ pub, offering darts, crib and pool. There is no reason why this pub couldn’t continue to operate in its current form, but a fresh approach to this pub could offer further income to the potential licensee. Admiral are prepared to invest in the pub to develop it, and allow it to appeal to a broader set of customers. The Foresters needs to be a comfortable inviting pub/bar, for the whole community attracting men and women alike and keeping in with the area of Great Malvern.

Private Accommodation

Upstairs there are three bedrooms, living room, bathroom and toilet and kitchen area.

Annual Rent: £14,500 

Security Deposit: £3,000

Working Capital: £1,000

Stock: £1,000

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.

The Foresters benefits from a good level of sales and support from its current customers and we hope that with a sympathetic refurbishment, we can attract new customers and families. This is a super little pub destined for the next stage of its life and we want a licensee with the passion and energy to drive this to the next level. To help re-position and market the Foresters it needs to have a strong on-line presence with great social media interaction with the immediate area. Admiral, with the right licensee, will invest in the pub, including an external decoration and signage scheme. The pub needs a wide range of drinks, including a good wines and cask ale, an even a bottled craft ale range to really stand it apart from the competition. Although the pub doesn’t currently have a food offer, we strongly believe we can incorporate a small catering preparation area where a simple but appealing range of foods could be prepared including deli boards, pizza or sandwiches and salads.

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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