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Contact Us | Licensee Support Area | Privacy Notice | Modern Slavery Statement

Slide ‘RISING FROM LOCKDOWN' - GUIDING YOU THROUGH COVID RENT DISCOUNTS AVAILABLE OF UP TO 40% In accordance with our rent policy Admiral COVID-19 licensee support and Rent policy - Please click here (last updated November 5th)
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YOUR INVESTMENT

£16,000

AGREEMENT TYPE

Five Year Agreement

FACILITIES

3+ BedroomsCask AleFunction RoomKitchenChildren Play AreaCar ParkBeer Garden
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Wicked Witch

Stamford, PE9 4HH

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OR CALL 01244 321 171 FOR MORE DETAILS

The Wicked Witch is located prominently in the affluent village of Ryhall, a civil parish in the county of Rutland in the East Midlands. It is bounded to the west by the A6121 Main Road from Stamford to Bourne. The pub is surrounded by residential housing and several local business and farmland. The Wicked Witch is predominantly known as The Milestone in which Admiral will look to re-name and bring back to the roots of the local community following recent refurbishment.

Pub Layout

On entrance, you are greeted by a large wooden traditional bar servicing all arears of the snug, restaurant and dining room, including function room. There is loose seating throughout the pub with wooden flooring and open fires creating a warm ambience with traditional beams, a feature of the pub with elegant furnishings in each room. The snug arears are situated on entrance and to the left of the bar with the dining facility at the back of the pub. The well-equipped kitchen is serviced through a separate entrance in the dining area. The toilets are situated next to the bar which leads to the beer garden. Externally the beer garden has rural views with a car park housing approximately 10 cars. The pub is in immaculate condition throughout. There is a function room upstairs which is used for large sittings or private events.

The Wicked Witch current trading style is 70 / 30 food orientated with fine dining. A great range of cask and craft ales along with premium spirits and world lagers are well received by the locals and those travelling from afar. There is scope to introduce a more relaxed traditional dining offer to bring further clientele throughout the week.

Private Accommodation

The private accommodations which is accessed internally, consist of three large bedrooms, with lounge, kitchen, office and separate bathroom.

Annual Rent: £33,000

Security Deposit: £5,000

Working Capital: £7,000

Stock: £4,000

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.

Admiral Taverns are looking for an individual or couple who can run a strong village community pub that has a great offering of pub grub and real ales. The ideal candidate will have strong local community links or be able to build these, to help develop the pub and its trading style and draw clientele from the village and surrounding areas.

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.

LATEST NEWS

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The Blue Ball, a 16th century community pub in the heart of Kintbury,Berkshire,has welcomed two knowledgeable licensees to the pub, Vanessa and Andy Lynch. The experienced duo, who also run the Barleycorn Inn, in Collingbourne Kingston took over the Admiral Taverns pub on 9th November2020. They are extremely excited to welcome the local community into […]
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Chris Jowsey, Times Radio Interview
Community pubs have gone above and beyond to abide by government rules and make their venues safe. Enforcing harder restrictions which go against latest evidence, is unfair and will cause a detrimental impact with the risk that some pubs may be forced to close for good. Listen to our CEO, Chris Jowsey give his views […]
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