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The Jolly Farmers is a large community local situated on the outskirts of the town of Thornaby. It sits in a prominent position on a main road into the town centre. The pub is surrounded by housing and adjacent to the local primary school. We have identified the potential in this site and, with the right licensee would be looking to do an investment, as shown in the pictures.
The Jolly Farmers is open plan in layout with a lounge and bar area serviced by a centralised large L shaped bar. There is an adjoining games area to the rear of the building which has both pool table and darts board. In total the pub has comfortable seating for 40 diners if utilised properly. The main toilets are on the left as you enter the pub, there is also further convenience including accessible facilities located off a corridor to the right of the pub leading to the equipped catering kitchen. There is an average sized patio area at the back of the pub, which has a covered smoking solution and is accessed from the games room, There is also parking in front of the pub for three cars.
The Jolly Farmers sits at the heart of its community and is predominantly a drinks led pub. The current food offering is Sunday lunches and some bar snacks throughout the week but there is an opportunity here to further increase turnover by introducing more of a traditional bar meals menu. It is a friendly community pub with both pool and darts teams playing from the pub. Some of the locals also play dominoes in the evening and there is also a football team which runs from the pub. There is a cask ale offer but this is another area that could be increased to boost sales as not all of the pumps are utilised. There is an entertainment offer in place at weekends with karaoke and live bands playing regularly.
The private accommodation is of good size and consists of; three bedrooms, lounge, kitchen, family bathroom and an office.
Annual Rent: £8,000
Security Deposit: £5,000
Working Capital: £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 Jolly Farmers is a great community pub. It has a loyal customer base and benefits from the majority of customers being locals within walking distance of the pub. The ideal applicant will have bags of character and a drive to be the best pub in the area. They will need to engage with the local community and involvement with and development of games teams would be beneficial.
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.