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YOUR INVESTMENT

£6,250

AGREEMENT TYPE

Tenancy

FACILITIES

Open Fire3+ BedroomsCask AleLive MusicKitchenSports TeamsCar ParkBeer Garden
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Half Moon

Kirk Merrington, DL16 7JL

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OR CALL 01244 321 171 FOR MORE DETAILS

The Half Moon is a traditional terraced community pub in the heart of the village of Kirk Merrington, around seven miles south of the historic city of Durham. Kirk Merrington has a population of around 750 residents and is a close-knit rural community. The pub is situated in the centre of the village and is one of three pubs which provide a circuit for local residents and the local church, primary school, shop and bus stops are within a stone’s throw of the pub.

Kirk Merrington, being part of the wider area of Spennymoor, has an older age than the national average and much of the activity and entertainment within the villages focuses around the pubs.

Pub Layout

The Half Moon is a terraced pub facing the central green in Kirk Merrington. Upon entering through the front porch you are welcomed by a central bar with seating to both the left and right, extending to the back of the building. The pub’s traditional décor is delightful and in excellent condition. There is ample seating and the comfortable and cosy surroundings are a great place for customers to relax and enjoy each other’s company.

The toilets are situated to the rear of the building and can be accessed to the left of the bar area. This is also the way out to the beer garden which on sunny days is a real asset to the business.

The pub has been serving the residents of Kirk Merrington for nearly 200 years, offering a warm welcome in a traditional setting. Whilst it is predominantly a drinks focused business the pub was well known for its Sunday lunches providing around 40 covers every weekend to hungry locals. The pub has historically served a great range of cask ales, lagers and traditional ales, all in excellent condition. The draught range is complimented by traditional spirits as well as a decent gin range. The pub has provided live entertainment in years gone by which has been well supported by the locals.

Proposed Opening Times

Monday – Thursday     4pm – 11pm

Friday – Saturday         12pm – 12am

Sunday                           12pm – 11pm

Private Accommodation

The living accommodation comprises of three good sized bedrooms, a spacious living room, kitchen and bathroom.

Annual Rent: £7,000 (Rent figure is before investment) £13,500 (Rent figure post investment) 

Security Deposit: £3,000

Working Capital: £1,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Utilities (Gas and Electric): This pub is part of the Group Energy deal and you will therefore be required to purchase gas and electric supply through Admiral Taverns.  For more information on this, please speak with a member of our recruitment team

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 Half Moon is closed at the moment, but it should proudly service the residents of Kirk Merrington and form part of the three-pub circuit in the village. It is a locals pub and should be at the heart of the community now and for years to come. The licensee should cater for young and old customers alike and be a champion for the local community. A warm and friendly face behind the bar, the licensee will need to provide excellent quality drinks and a small food offer is appropriate, supported by excellent standards and a welcoming environment. They should look to build ties with the local church and school to become a real hub for the village and in doing so will be well supported by the local residents.

A passion for cask ales and pride in looking after them is essential as is the ability to offer a small supporting quality food offer.

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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OPEN DAYS

The Admiral Way WebinarOnline29th July 2021
3pm - 4:15pm
Pub Viewing Day – Railway, ManchesterRailway, Manchester M26 4HN29th July 2021

10am - 12.30pm
Pub Viewing Day – Bell Inn, ShrewsburyBell Inn, A458, Cross Houses, Shrewsbury SY5 6JJ17th August 2021

11 - 4pm