Broadleys, Hereford

The Broadleys occupies a prominent corner position on the busy A49, the main arterial router through Hereford. Hereford is a cathedral city, civil parish and the county town of Herefordshire. It lies on the River Wye, approximately 16 miles east of the border with Wales, 23 miles north-west of Gloucester and 24 miles south-west of Worcester. With a population of 53,112, it is the largest settlement in Herefordshire.

Pub Layout

As you enter the pub, you will notice two distinct trading areas. On the left is the ‘bar’ section, featuring a mix of fixed and loose seating, TVs, and a jukebox. On the right is the ‘lounge’ area, which also has a combination of fixed and loose seating, TVs, and houses the pool table. Both sections are served by a central bar servery, but they feel very separate due to a partition wall. Each area has its own toilet facilities. Behind the bar, there is a commercial kitchen. The pub, named The Broadleys, also offers a car park with space for approximately 12 vehicles and an external drinking area.

Currently, The Broadleys operates primarily as a wet-led community local, focusing on drink sales. Historically, the pub has offered a variety of food options, including Sunday lunches. It has also provided live entertainment, televised sports, and mid-week quizzes.

Private Accommodation

The spacious accommodation consists of 3 bedrooms, lounge, bathroom and kitchen.

Annual Rent: TBC

Security Deposit: £2,000

Working Capital: £2,500

Stock: £3,000

Business Rates: £Nil.  Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

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.

Training: £325 plus VAT

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

Our vision for the pub is to be the hub of the community but also attracting customers from further afield. There is much opportunity for growth here and the new licensee should look to add a regular calendar of events, develop sports teams including pool and darts and the re-introduction of food would be essential to maximise this business. This pub could suit someone new to the trade with transferrable skills or an experienced pub licensee.

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.  Please note, this only applies to pubs marked with an Asterix *