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Swan Inn, Wrexham

Wrexham LL14 4AU

Your investment

£7,000

Agreement Type

Tenancy
  • Recent Internal and External investment
  • Strong, established community local
  • Popular with local sports teams

The Swan is located in the small village of Rhostyllen which is located South West of the town of Wrexham and has a population of approximately 1,500. Local schools are situated in the village as well as shops and a church.

Pub Layout

The pub trades from a central bar servery servicing two separate trading areas. There is a lounge to the left of the pub with seating and to the right is the bar which is mainly used by the locals. This area is also home to the dart board and gaming machines. This also leads onto a double patio door and onto a covered smoking patio and an extensive beer garden with benches and is a real sun trap in the summer months. There is a small catering kitchen located to the rear of the bar servery and is adequately equipped to offer a small food menu. There is plenty of street parking throughout the village.

The Swan Inn has recently benefited from a £45,000 spend, refurbishing the external decoration, toilets and improving the maintenance to the internals of the pub.

 

The Swan is a community local. It should cater for those in the immediate proximity in the village of Rhostyllen and also provide others from the surrounding villages a reason to visit. Sales are predominantly drinks but there is scope to introduce a small food offer.

 

Private Accommodation

The private accommodation is located on the first floor and consists of three bedrooms, lounge, small kitchen and bathroom all in good order.

Annual Rent: £11,500

Security Deposit: £3,000 

Working Capital: £1,000

Stock: £3,000

F&F: TBC – 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.

*Based on the April 2023 provisional 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.

The Swan should be a busy pub which is at the heart of the community. The ideal applicants will have excellent retail standards and will work hard to engage the local community and give them a reason to visit the pub

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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