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Imperial Inn

Gloucester, GL1 2AG

Your investment

£15,000

Agreement Type

Tenancy

Admiral Taverns are looking to complete a full internal and external redecoration ( subject to board approval) with the successful licensee . This is a really exciting opportunity to help re-launch a heart of the community pub! The Imperial Inn is a traditional pub situated on Northgate Street in the centre of historic Gloucester. Gloucester lies on the beautiful River Severn, between the Cotswolds and the Forest of Dean. The city centre location is less than a five minute walk from all of the bus and rail stations making it a great location for tourists in the area. From its world-famous cheese rolling, to Hollywood blockbusters and over 200 years of history, the city of Gloucester is packed full of things to do. The iconic Kingsholm Stadium lies in the heart of the city and is home to The Gloucester Rugby where its chants can be heard for miles during match games and the venue hosts some of the industries finest artists every year. 

Admiral Taverns are looking to complete a full internal and external redecoration ( subject to board approval) with the successful licensee . This is a really exciting opportunity to help re-launch a heart of the community pub! The Imperial Inn is a traditional pub situated on Northgate Street in the centre of historic Gloucester. Gloucester lies on the beautiful River Severn, between the Cotswolds and the Forest of Dean. The city centre location is less than a five minute walk from all of the bus and rail stations making it a great location for tourists in the area. From its world-famous cheese rolling, to Hollywood blockbusters and over 200 years of history, the city of Gloucester is packed full of things to do. The iconic Kingsholm Stadium lies in the heart of the city and is home to The Gloucester Rugby where its chants can be heard for miles during match games and the venue hosts some of the industries finest artists every year.

Pub Layout

The Imperial Inn is a traditional Victorian style pub which dates back to early 18th Century. It has great character and fantastic charming features throughout with an impressive tiled frontage. There is one trading area which is of good size with a mix of banquette/fixed seating as well as tables and comfortable chairs. The bar is located in the heart of the pub meaning it is easily accessible. There is also a darts board and multiple televisions located around the trading area for live sports.

Currently trading as a drinks focused pub, offering a variety of core, esteem and premium lagers, a great range of cider, 5 star cask marque real ale including a good range of local ale, craft beer and spirts. The Imperial provides a great atmosphere for sports and entertainment. It provides three screens for live sport coverage including sky sports, BT sports, racing UK, At The Races and more, so that you never miss a moment of sport. The Imperial thrives off the Rugby and events throughout the year at Kingsholm. Regular entertainment and a good rhythm of the week gives this traditional local pub a great buzz and vibe. There is an opportunity here to provide a food offer however the catering kitchen will need upgrading.

Private Accommodation

The accommodation has three large bedrooms, two of which are double and one single room, a lovely large lounge, bathroom and WC. The domestic kitchen is located on the ground floor.

Annual Rent: £20,500

Security Deposit: £5,000

Working Capital: £5,000

Stock: £5,000

Fixtures and Fittings: £7,500 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.

This operator will have vision and a clear plan for The Imperial Inn. They will come with fresh ideas and innovation. This will be captured in a business plan that will be reviewed regularly with their BDM. They will engage with all aspects of the community and local businesses. They will create a great working environment for their team leading them the way and showcasing what great looks like. They will have passion and take pride in everything they do. They will focus on retail standards ensuring the Imperial Inn stands out from the competition creating a memorable experience day in day out. There is a great opportunity here at the Imperial to invest with the right operator.

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 – £30.10 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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