fbpx

Contact Us | Licensee Support Area | Privacy Notice | Modern Slavery Statement

Slide (click here) ENGLAND
SCOTLAND WALES ADMIRAL COVID RENT POLICY last updated March 16th (click country) BOUNCE BACK (from Covid) '21 - RE-OPENING INFORMATION NEW LET RENT DISCOUNTS CURRENTLY AVAILABLE (click here)
« Back to Find a Pub

YOUR INVESTMENT

£7,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

Cask AleFunction RoomLive MusicKitchenSports Teams
You may also be interested in

Trap

Morpeth, NE65 9UT

» View this pub

Joseph Pease

Darlington, DL1 1PD

» View this pub

Three Crowns

Darlington, DL3 6LU

» View this pub

Quays

Darlington, DL1 1NU

Please leave your details and our team will be in touch. * fields are required

OR CALL 01244 321 171 FOR MORE DETAILS

The Quays is well situated close to the large shopping area in Darlington and is within close proximity to the busy bus terminus. Darlington is a market town located in the North East and is famous as the terminus of the world’s first passenger railway. Darlington has excellent road transport links with the North East’s major trunk route the A1.

Pub Layout

The pub was refurbished in August 2017 and as such is in great condition. The outlet trades as a one room operation served from a single bar. The catering kitchen and services are on the first floor. The trade rooms are in very good condition and the frontage of the pub is well appointed to attract footfall.

The Quays has an established food following which ensures the pub trades well throughout the day although the trade reduces during the evening. The area is very busy and the outlet is well placed on the night time circuit of the town. Admiral Taverns are looking for a proven licensee who has the skills and drive to further develop the food offer whilst concentrating on the drink side of the business where a focus on the cask / craft ale range needs to be a priority along with the established live music following.

Private Accommodation

The private accommodation is located on the first floor and comprises of two bedrooms, lounge, kitchen and bathroom all in good decorative order.

Annual Rent: £15,000

Security Deposit: £3,000

Working Capital: £2,000

Stock: £2,000

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.

This is an exciting opportunity for a progressive entrepreneurial style operator to take this town centre pub and build on the multi point trading nature of the site. The outlet requires someone who has the drive and motivation to develop the site through the early part of the week and who has the skills and personality to attract custom to the outlet.

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.

LATEST NEWS

Local pub gears up for reopening 
The Wardley, a traditional community pub in the heart of Bill Quay, is providing a much-needed stock of groceries for its locals, opening a brand-new convenience store in the pub.  Owned by leading UK community pub group, Admiral Taverns, licensee Wendy Donkin has been at the helm of the pub for over eight years. Wendy […]
» Read More
INDEPENDENT SURVEY OF UK LICENSEES RECOGNISES ADMIRAL TAVERNS  
Admiral Taverns (“Admiral”), the UK’s leading community pub company, has once again achieved the highest overall score amongst the regulated, national pub companies for its licensee-centric approach in the annual independent UK licensee survey, in a year which has seen the pub industry face unprecedented challenges. The survey, led by Kam Media, consulted tenants from […]
» Read More
Read more news from our blog

OPEN DAYS

Pub Viewing Day – AberystwythBlack Lion, Aberystwyth, SY23 3RA 2nd June 2021
Wednesday 2nd June
11am - 3pm