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Mavericks, Doncaster

Doncaster, DN1 1JG

Your investment

£44,500

Agreement Type

Lease
  • Fantastic town centre location
  • Recently refurbished and ready to trade
  • Courtyard beer garden

Mavericks is an extensive traditional style building located in the very centre of Doncaster amongst plenty of other commercial, retail and hospitality business premises. The location is key for this popular venue as it has been transformed into one of the most prominent and busiest night life bars in the city, hosting up to 300 guests at any one time. Doncaster itself is a bustling city located in South Yorkshire with a population of more than 300,000 people. With an abundance of history, plenty of tourist attractions and the very popular Doncaster college, the city is usually a hive of activity all year round.

Pub Layout

Directly off the High Street you will find the main, centrally located double doors, and upon entering, you will arrive at the large open plan trade space. With the wrap around bar directly in front of you, the customer area is formed in a horseshoe shape and is laid to wooden floor throughout with plenty of low level, fixed and loose seating on both sides, as well as having beautiful and contemporary décor to suit the vibrant internal theme. The commercial kitchen is a good size and is accessed through the bar area. To the rear of the property leading from the main trade space, you will find a quaint enclosed courtyard/smoking area that is a sun trap in the summer months. There are public car parks available within very close proximity to the venue.

Maverick’s offers a unique combination of a modern Cocktail and Lounge Bar to party until late. The Cocktail Bar offers exquisite Cocktails from around the world with a twist of the 80s. The 80s theme kicks into action every Friday and Saturday night at around 9.00pm, when the Resident DJ spins the best sounds of the 80s and beyond for you to boogie the night away. Maverick’s also provides an ideal setting for corporate, and special events, private parties and weddings, accommodating up to 300 guests for cocktail receptions or 200 for buffets.

Private Accommodation

The private accommodation has it’s own external access and consists of four bedrooms, living room, kitchen, bathroom and private rooftop, all in good condition.

Premium: £25,000

Annual Rent: £43,512.00

Security Deposit: £10,500

Working Capital: £4,000

Stock: £5,000

Fixtures and Fittings: Inclusive of premium

Tie: Free of Tie

Please feel free to contact the current tenant Samuel Baker, to discuss the purchase of this Lease and for any further details of this site.

Tel: 07427 497101

Email: sammel1985@hotmail.com

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 *


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