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Railway, Malvern

Malvern, WR14 4PA

Your investment

£12,000

Agreement Type

Tenancy
  • Zero* Business Rates
  • 3 En-suite letting rooms
  • Beautifully decorated & ready to trade

The Railway is located in Malvern on the A449, three miles south of Great Malvern in Worcestershire and is easily accessible to locals, destination seekers and passing traffic. Sitting slightly up from the road, there are gorgeous views of the Malvern Hills to be had from both the pub and from the three en-suite letting rooms. Malvern is a delightful spa town in an area of outstanding natural beauty and specific scientific interest surrounded by the Wye Valley with local attractions such as Worcester Racecourse and Spetchley Park Gardens all within a short drive. The area is brimming with history and attracts explorers, photographers and more all year round. The Malvern Museum, The Great Priory, Theatres and the Science park are all within ten minutes by car and Malvern Mountain is also a ten minute drive away offering breath-taking views as well as exciting biking, hiking and running trails. The Railway is in a great location to allow people to explore the area, then settle down in the evening for great food, excellent drink and a comfy nights sleep before doing it all again the next day!

Pub Layout

The Railway is a large detached pub that sits up on a small hill from the main road overlooking the Malvern Hills with parking for up to 8 cars and also on-road parking available. As you enter through the main door there are two distinct areas separated by the bar. On one side is an area that lends itself to a games focussed space housing the pool table and darts board. On the other side is a comfortable and relaxed area home to the main seating and dining space. There is a mixture of loose and fixed seating to further enable casual drinking but also to enable sit down dining with the bar offering a warm and welcoming feel that is well decorated. The commercial kitchen is located to the rear of the pub. Externally, there is a fabulous decked area which has views over the Malvern Hills along with a smoking solution. In addition to this there are three en-suite letting rooms located in its own building adjacent to the pub.

The Railway’s current trading style is a traditional pub food offer with a good range of cask ales, beers, wines, spirits and soft drinks, as well as having three well presented lettings rooms. There is potential in the future to develop the wet side of the business, utilising the wide range of cask and craft ales, premium spirits and world lagers that are available. The food offer is well received by the locals as well as those travelling from afar and passing through. Looking to the future, a focus on a more locally sourced food offer as well as a varied menu throughout the week with a somewhat “destination dining” feel would help bring in more people from a greater surrounding area whilst still catering to the locals and regular guests. Links with local attractions, businesses and places to visit would also help drive more footfall.

Private Accommodation

The private accommodation comprises of three double bedrooms, a kitchen, living room, office and bathroom.

Letting Accommodation

The Railway has three double en-suite rooms which are located in a separate low-level building to the right hand side of the pub and have their own entrances. All rooms are well kept and nicely decorated.

Annual Rent: £22,000

Security Deposit: £5,000

Working Capital: £3,500

Stock: £3,500

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

Fixtures and Fittings: To be confirmed upon valuation –  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.

Training: £325 plus VAT

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

The Railway is in a fantastic location in Malvern Wells with stunning views and scenery. I am looking for an all-round experienced operator that has a real focus on driving the business forward maximising all possible income streams. They will ideally have experience in the industry and a vast knowledge of Malvern and the surrounding area. They need to be passionate, take pride in everything they do and have the ability to create memorable yet personal experiences for their guests. The Railway will benefit from an operator who puts people at the heart of everything they do being able to engage with the local community as well as focusing on tourism and leisure which forms a big part of the business here. Food is a key part of this business as well as the letting rooms so a real commitment is required to maximise these opportunities. Standards and operational excellence must be first class and the right licensee will have a vision for this fantastic opportunity.

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 – 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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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

Service Charge Cost – £60.89 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 and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


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