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Retired Soldier, Malvern

Malvern, WR14 1PD

Your investment

£9,000

Agreement Type

Tenancy
  • Located in an area of outstanding natural beauty
  • Zero* business rates
  • Ideal starter pub and turn-key operation

The Retired Soldier is a traditional pub in Malvern Link in the heart of The Malvern Hills, Worcestershire. Malvern is a historical Victorian Spa town within an area of outstanding natural beauty and boasts three town centres, a regular monthly farmers market and also the annual vintage retro fair. With two railway stations and a great road links, Malvern is a very accessible area for commuters and tourists alike. The pub itself benefits from a close-knit local community and is under a kilometre from one of the local train stations and has regular buses linking to Malvern town centre.

Pub Layout

The Retired Soldier is a two-room operation serviced by a well-stocked single bar servery. Its layout is practical and compact which allows ease of service to all areas of the pub providing the opportunity for a single person operation. It is in good decorative order and has been well looked after. Externally the pub has a small patio area to the front which proves popular in the Summer months and the domestic kitchen is located on the ground floor to the rear of the bar.

This pub has a good reputation within the community as a great cask ale pub and is proud of its Cask Marque accreditation. The licensee has created a warm and friendly welcome to both locals and visiting tourists and has previously been known as a destination for sports fans to watch live action sports whilst enjoying a beverage with friends. The Retired Soldier has historically had it’s own darts team and this was a welcome addition to the income at the site, having regular league matches with the local community.

Private Accommodation

The private accommodation has two bedrooms, kitchen, office, and bathroom all in good order.

Annual Rent: £14,000

Security Deposit: £5,000

Working Capital: £2,000

Stock: £2,000

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 new licensee will ideally have a great knowledge of the local area and they will continue to keep the traditional pub values and feel of the pub, putting the local community/customers at the forefront of everything they do. I am looking for an individual or couple with an excellent knowledge in cask ale who can show they have determination and a passion for people, product and business. I believe that someone that wants to make a difference to their local community will really have a great opportunity here and the ability to enhance the small back bar snack menu and introduce an active rhythm of the week, will increase income into the business.

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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