3+ Private Bedrooms
The Travellers Rest is a modern contemporary sports bar located in the picturesque market town of Tickhill located just outside the city of Doncaster, South Yorkshire. This well presented bar has been fully refurbished in the past three years and offers a bar, separate pool area, function room, beer garden and good sized car park.
The market town of Tickhill is a well sought-after area with a population of just over 5000 residents. Demographic data shows the vast majority of the town’s residents are classed as affluent achievers, presenting a great opportunity for operators with the skillset to deliver an offer with the right standards and great customer care.
Entering the bar from the front entrance customers walk into the main bar area where they are greeted with a well-stocked long bar servery. There is a mixture of loose furniture and contemporary décor. To the left of the main bar area is a dedicated pool area and flat screen TV’s are spread throughout the whole venue. To the rear of the building is a separate function room with its own bar servery. This is an ideal venue for people to celebrate those special occasions. In addition to the function room the pub has a fully furnished beer terrace with an outside bar ideal for the summer and this area can be shared with both pub and function room customers.
The pub currently trades mainly as a sports bar, although there is scope to make the offer more premium in terms of upgrading the wine list, introducing cocktails and creating a more bistro-type atmosphere. As you would expect from any sports bar customers are offered Sky & BT sport but with its modern look that stands out from the competition this is also a style bar offering a good range of premium spirits, wines and cocktails. A back bar food offer has previously been in place, and with some investment into the kitchen areas this could be another possibility to provide an additional revenue stream. The pub has also offered occasional live music in the past and this is something that could be expanded, along with function/meeting trade utilising the function room to its full extent. The nearby sports ground could provide additional sponsorship opportunities with local clubs & teams.
The private accommodation is located on the first floor of the pub and consists of three large double bedrooms (one en-suite), large lounge/kitchen diner and family bathroom. An additional currently unused room leading to a seperate access door could be converted into a seperate kitchen/utility room.
Annual Rent: £14,000
Security Deposit: £5,000
Working Capital: £3,000
Business Rates: Nil
F&F: TBC – Funding options may be available for the right licensee
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
* 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.
The Travellers Rest stands out from the rest of the competition and for this offer to continue an excellent range of premium drinks must be offered along with a strong and well marketed rhythm of the week. You will need experience in running a similar style pub and have the drive and passion to run this popular venue. It is essential that you have the skill set to maintain high standards and delivering market trends to ensure the continued success of this great 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.
© 2024 Admiral Taverns Ltd. All Rights Reserved. Registered in England & Wales No. 05438628