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Blacksmiths Arms, Penistone

Penistone, South Yorkshire, S36 9NQ

Your investment

£13,000

Agreement Type

Long Term Agreement (5 Year Tenancy)
  • Fantastic community local
  • Stunning location
  • Four letting rooms

The Blacksmiths Arms, located in Millhouse Green, Sheffield benefits from its scenic surroundings at the edge of the Peak District National Park. Millhouse Green itself is a charming village with a population of around 1,250 residents with the pub located on the corner of the A628. This road provides easy access to nearby towns like Barnsley and Manchester, whilst local bus routes and trains from the nearby Penistone railway station connect the village to Sheffield. This prime location next to the local school, places it at the heart of the village making it. easily accessible for both locals and visitors. Its traditional stone-built architecture and open-plan design creates a warm and inviting atmosphere. The village also offers essential amenities, making it a central hub for the community. The combination of good transport links and a picturesque setting makes the Blacksmiths Arms an ideal location for both residents and visitors in the area.

Pub Layout

The pub offers a variety of space that cater to different preferences and activities. The main bar area features a central bar servery, making it easily accessible from all sides. The bar offers a wide variety of drinks, appealing to different tastes and enhancing the overall pub experience. The TV, positioned above the fireplace, serves as a focal point in the room with the cosy warmth of the fireplace creates a welcoming and relaxed environment. This area blends well with a mixture of fixed and loose seating, providing warmth and comfort. Additionally, a pool table is available near the seating area for recreational use, offering a fun and social activity. To the right, a relaxed seating area is designed with a mix of soft furnishings and comfortable seating, creating a calm atmosphere perfect for small gatherings or dining. This area provides an alternative to the livelier parts of the pub. Toilets are conveniently located alongside the bar, adding to the practicality of the layout. The beer garden is sheltered, offering year-round outdoor seating. This space allows customers to enjoy drinks or food in a relaxed open-air environment, appealing to those who enjoy fresh air while socializing or dining. A conveniently located car park provides easy access for customers, ensuring a smooth arrival and departure experience.

The pub currently operates as a wet-led pub, with a primary focus on the sale of alcoholic beverages. Whilst it does offer some food, the current offering is limited and there is an opportunity to expand the food menu and enhance the overall dining experience to attract a broader range of customers. Additionally, the Blacksmiths Arms offers four en-suite letting rooms which adds an extra dimension to the pub’s appeal, allowing guests to enjoy both the social atmosphere of the pub and the convenience of a comfortable place to stay. This offers potential for increased business, especially if the pub develops a stronger dining element or packages combining accommodation with meals and drinks.

Private Accommodation

The private accommodation consists of one bedroom with large living room separate toilet, main bathroom and galley kitchen.

Letting Accommodation

The pub has four en-suite letting rooms:-

  • One family room
  • One double room
  • One twin room
  • One single room

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £5,000

Stock: £3,000

Fixtures and Fittings: To be confirmed upon valuation –  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.

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

Admiral Taverns is seeking an experienced licensee who can successfully operate a vibrant pub with rooms, blending a welcoming atmosphere, quality food offerings, premium drinks and excellent service. The new licensee(s) will seek to foster a strong connection with the local community by hosting charity events and supporting nearby causes who can build partnerships with local businesses and attractions, promoting a broader experience for customers. A weekly schedule of events, such as quiz nights, live music or themed evenings, establishing a strong rhythm of the week is a must along with a strong marketing plan positioning the letting rooms as a quality, cosy stay for guests, emphasising comfort and relaxation,  developing tailor-made packages for walkers, cyclists and tourists, highlighting the pub’s location and surrounding attractions. Incorporating this will transform the Blacksmiths Arms into a thriving hub for the local community and a destination for visitors, offering high-quality food, drink, and accommodations while maximising its location and potential.

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£350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £63.33 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 for by the licensee and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


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