3+ Private Bedrooms
This recently refurbished pub is located in the quaint village of Marsden in West Yorkshire, which is in the South Pennines close to the Peak District. As the name suggests, it is located opposite the local railway station in Marsden which has links to Huddersfield, Manchester, Leeds and Hull. It is a large, detached, double fronted pub with on street parking, located at the top of the hill looking down into the village and is also situated adjacent to the Huddersfield Narrow Canal which has the longest canal tunnel in the UK. With a population of around 4,000, Marsden is very much a hub of village life, with music festivals, and cultural events throughout the year, including the local legendary Cuckoo festival. With regards to footfall, in addition to the various themed nights, teams and market, there is always a stream of people from the trains throughout the week and also visitors to Marsden Moor across the road, as well as a large number of Ale Trail walkers who frequent every Saturday, making the Railway a must stop venue.
The pub is fairly open plan yet retains a cosy feel and does have a small snug area which could be used for small functions or meetings or even as a separate dining area. The general feel is traditional in nature with the dark wood furniture and prominent wooden bar tying everything together with the wooden effect panelling around the walls. The flooring is a complimentary mixture of patterned tile around the bar, coupled with dark wood flooring and carpet elsewhere. There are three separate fire places in the pub, 2 of which are log burning, and the entire area could comfortably accommodate around 60 people on a combination of vertical and low level seating. There is a pretty paved seating area to the front of the pub, currently set for around 20 people, where trains and canal boats can be seen passing by along with well tended rear courtyard and decking areas at the back of the property, including 3 colourful pods and many benches accommodating around 70 people. There is a also a well equipped kitchen off the main thoroughfare and a wash area and storage room off the back of the bar.
The pub is well known in the community for being the place to go to enjoy drinks with family and friends and is supported well by being on the circuit of the ale trail. During the week, the pub has a good programme in place with darts teams and quiz nights on offer with room for development on this. The pub trades on a 80/20 split to wet, offering Sunday dinners and themed nights.
The private accommodation comprises of Three Bedrooms, lounge, kitchen and bathroom.
Annual Rent: 19,000
Security Deposit: £5,000
Working Capital: £3,000
F&F: TBC (Funding options may be available)
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Admiral Taverns are preferably looking for the successful applicant to be a local who will know the market well and be able to create a community pub atmosphere through live entertainment and activity nights, alongside a daily food offer.
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.
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