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Slide Admiral COVID-19 licensee support and Rent policy - Please click here (last updated June 8th) ‘RISING FROM LOCKDOWN' - RE-LAUNCHING YOUR PUB RENT DISCOUNTS AVAILABLE OF UP TO 40% In accordance with our rent policy A letter from our CEO to our licensees - September 24th 2020
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YOUR INVESTMENT

£10,250

AGREEMENT TYPE

Tenancy

FACILITIES

Open Fire3+ BedroomsCask AleFunction RoomLive MusicKitchenCar ParkBeer Garden
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Stag

Stockton-on-Tees TS18 1SX

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

OR CALL 01244 321 171 FOR MORE DETAILS

The Stag is located in the centre of Stockton-on-Tees. Stockton is a traditional market town with a population of approximately 85,000.  At the heart of High Street and within walking distance of the Stag is the largest outdoor market in the north east of England, which has been in existence since the 1300s, it’s held every Wednesday and Saturday creating a significant footfall.

Pub Layout

The Stag is a traditional wet led community local, made up of two rooms with the bar at the heart of the pub, servicing all areas. The lounge bar is a cosy welcoming room housing an open fire and a mixture of fixed and loose seating. The tap room is where you would generally find your locals and darts players, using the wall mounted darts board.

The Stag is a traditional wet led community pub. There is an opportunity here to embed the pub in with the local community by supporting local events and introducing darts teams. There is a high footfall, especially on market days, so there is also the potential to introduce a new offer to expand the appeal to an array of clientele.

Private Accommodation

The private accommodation is located over two floors and comprises of three bedrooms, bathroom, lounge and kitchen. All of which are of a good size and in reasonably good order.

Annual Rent: £19,500

Security Deposit: £5,000

Working Capital: £3,000

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.

I am looking for someone with a strong character who knows the area and the clientele. Someone who is willing to get involved and support the community. There is an opportunity to increase and drive wet sales with great marketing skills. The successful applicant will need to be enthusiastic and motivated with great standards.

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.

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