The Lamb Inn is situated approximately 500 metres from Stafford town centre, just a short drive off of the M6 Motorway. There are excellent transport links via the nearby bus station, as well as Stafford Train Station which is just a short 7 minute walk away, providing direct trains into major surrounding cities. It’s prime location on a main road ensures high footfall and easy access. Stafford University is in close proximity, giving the pub a further customer base of students and staff alike, allowing the pub to maintain a steady trade even during off peak times. The surrounding area is undergoing significant development and restoration, enhancing its attractiveness.
Pub Layout
The Lamb Inn has recently undergone a comprehensive refurbishment, both inside and out. This recent renovation has transformed the pub, giving it a fresh and inviting appearance that promises a pleasant experience for all guests. Upon entry to the pub, you will be greeted by an open plan layout with one central servery. The pub is split into two distinct areas, comprising of both fixed and loose seating, with a darts area to the right hand side. To the rear of the bar you will find the kitchen, with both ladies and gents toilets to your left. At the side of the pub, there is a small hosting space, equipped with wooden benches to maximise curb appeal and to increase footfall on warmer days.
The pub is currently a wet-led community pub in a prominent main road location. There is regular footfall surrounding the pub from the nearby university and bus station. The recently refurbished pub has a loyal following and boasts warmth and a strong sense of community as soon as you walk in. There is plenty of scope to further develop the offer at the Lamb and build on the current licensees solid foundations to increase trade significantly with the implementation of a small food offer, to include lunch time deals. A strong rhythm of the week to include entertainment and sports teams would really help this pub to thrive.
The private accommodation consists of three bedrooms, kitchen and lounge and a bathroom.
Annual Rent: £15,000
Security Deposit: £3,000
Working Capital: £3,000
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.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Lamb has a huge amount of untapped potential – located In Stafford but slightly away from the main hustle and bustle of Stafford town centre, the pub has an opportunity to establish it’s own identity. With the introduction of small food offer, live entertainment and pub teams the Lamb will reach new heights! This opportunity could suit an experienced licensee or someone new to the trade. The new licensee should maximise on the pubs location which should include tapping into the university trade and town goers as well as its regular drinkers and the wider community.
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 and the licensee only occupying one property for commercial purposes. Please note, this only applies to pubs marked with an Asterix *
© 2024 Admiral Taverns Ltd. All Rights Reserved. Registered in England & Wales No. 05438628