Hearty Goodfellow, Stockingford

The Hearty Goodfellow has recently undergone an extensive refurbishment and would ideally suit an experienced individual licensee or couple seeking a full five-year tenancy with Admiral Taverns. The works included a complete internal refit and garden scheme, new signage, and upgraded private accommodation, creating a refreshed and welcoming environment throughout. As a true community-focused venue at the heart of the local area, the Hearty Goodfellow is well positioned to thrive under capable, hands-on management. With the introduction of an active weekly programme, featuring community events, regular entertainment, and a varied rhythm of activities, this pub has the potential to become a vibrant hub for all. The spacious beer garden is a key asset, offering excellent potential for outdoor functions and events, as well as providing a safe and enclosed space where families can relax and children can play during the summer months.

Recently refurbished to an excellent standard, the entrance to the pub is centrally located at the front of this charming and traditional building, leading directly into the main trading area. Inside, the Hearty Goodfellow features a spacious single-bar layout with a classic and welcoming atmosphere. A combination of low and high-level seating is available throughout, complemented by a dedicated pool and darts area to the side, offering ample space for both relaxation and recreation. To the rear, a large beer garden provides an attractive outdoor setting, while a car park to the side accommodates approximately six vehicles. Additional outbuildings are also available, offering convenient storage space.

The Hearty Goodfellow is a thriving, community-focused pub at the heart of local life, offering a welcoming atmosphere and a vibrant social scene. Trading successfully as a traditional wet-led venue, it combines the charm of a classic local with a modern approach to entertainment and hospitality. The pub boasts both darts and pool teams and proudly serves as the home base for Coventry City FC supporters, with travelling coaches meeting here before and after matches, creating consistent trade and a lively atmosphere. With regular live sports, music events, and weekly activities, the Hearty Goodfellow enjoys a strong and loyal customer base. Its adaptable trading space allows for a variety of functions, from everyday social gatherings to private parties and larger community events. Recognised as a well-supported local venue, the pub presents a solid opportunity for a licensee to take on a beautifully refurbished and ready to trade business with the opportunity for consistent trade and scope for further development.

Private Accommodation

The private accommodation consists of an office space on the ground floor with four bedrooms, a lounge, kitchen and bathroom upstairs.

Annual Rent: £19,745

Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater

Working Capital: £2,500

Stock: £3,500

Fixtures and Fittings: £28,000 with an initial upfront payment of £7,000 –  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.

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

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 – A security deposit is required when applying for a pub with Admiral.  This will be the greater of £5,000 or three months’ headline rent. The deposit is held on your account and returned when you leave, subject to your final account balance and the condition of the property.  We will also carry out a credit check as part of your application, which may affect the deposit amount required.

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 – £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 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 for by the licensee and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *