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Ford Green, Stoke on Trent

Norton, ST6 8LS

Your investment

£9,000

Agreement Type

Tenancy
  • Recently refurbed to a high standard.
  • Opportunity to introduce a back bar food offer.
  • Zero business rates.*

The Ford Green, Norton is located in the north-east of Stoke on Trent. The Ford Green is a small estate-type pub located on the main road and is set in a residential area surrounded by a combination of terraced and semi-detached housing all in easy walking distance of the pub.

Pub Layout

The pub trades as a one room operation and is recently decorated throughout.  As you enter the pub, you find yourself in the bar with a pool table located to the right and a well stocked bar servery to the left.  Throughout the bar is a mixture of fixed, loose and vertical seating surrounded by three large TV’s showing live sports, a duke box and two games machines. The ladies and gents toilets are accessed via the bar. Externally and to the rear is a large external drinking area which is a real suntrap in the summer months.

The Ford Green is a community pub in a densely populated suburb of Stoke. The pub is popular for games and sports teams and presents a great opportunity for the future licensee to become part of the community. The pub is trading well and provides a strong base however the new licensee should focus on building on this by encouraging new customers to use the pub through entertainment, sports teams and events which will boost the overall profitability for this pub.  The outside drinking area is also another way to enhance trade, particularly during the summer months as locals like to enjoy the sunshine whilst socialising with friends and family.

Private Accommodation

The accommodation is accessed via the pub, behind the bar. Split over two floors, on the first floor is the kitchen and lounge with the three bedrooms and bathroom located on the second floor.

Annual Rent: £16,500 (Rent Steps Available – £150 per week for first 4 weeks, £200 per week for 8 weeks, £250 per week for 8 weeks)

Security Deposit: £3,000

Working Capital: £1,500

Stock: £1,500

Business Rates: Nil*

F&F: TBC (Funding options may be available)

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

* 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.

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

The ideal licensee will be able to demonstrate the drive and passion to ensure the pub remains at the heart of this community. They’ll need to ensure there’s an excellent entertainment programme in place along with good quality beers and ales. A strong marketing plan would be essential to ensure it is the go to pub everyday of the week. Local knowledge would be preferred but not essential.

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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