Rolling Mill, Abertillery

The Rolling Mill is situated on the high street in the town of Abertillery. Situated on the A467, Abertillery was formally a major coal mining centre so benefits from strong road links in and out of the area and is about 25 miles from Cardiff City Centre. Abertillery borders the Brecon Beacons National Park and the Blaenavon World heritage site, showcasing stunning views and scenery all year round. The name Abertillery means “mouth of the River Tyleri” which flows into the town and paired with the surrounding landscape, brings hill walking opportunities, walking groups, tourists, photographers and more to the area.

Pub Layout

As you walk into the Rolling Mil, you have the choice to enter left or right. It is a two room operation served by a central bar that runs between the two rooms. As you turn right you have the general room with a big screen, juke box, a mixture of fixed and loose seating and which is the general day to day drinking bar. As you enter and turn left, you enter the tap room. Again a mixture of fixed and loose seating that is also home to the dart board and pool table. At the back of the tap room is a set of stairs that leads to two rooms upstairs. One has previously been used as a small restaurant and could seat approximately twenty four people. This leads through to a second function room. Currently this function space has three darts boards and is used for darts leagues. It has a large open floor and it’s own bar and could comfortably host sixty to eighty people.

The Rolling Mill is currently a wet led highstreet pub with a focus on a good range of traditional lager and a small range of bottled beers ciders and packaged drinks.  There is a limited range of spirits and wine available, however currently there is no cask ale. The Rolling Mill is used by a number of different sports teams such as darts, pool, bridge etc. The site also hosts quizzes, bands and various other entertainment.

Private Accommodation

The private accommodation consists of a bathroom and kitchen on the first floor. The kitchen caters for both the private accommodation and the pub.  There are five rooms on the second floor. These are made up of four large rooms and one smaller room. Currently these are used as three large double bedrooms, one living room and a smaller office.

Annual Rent: £12,000 (Initial start up rent available £100 per week)

Security Deposit: £3,000

Working Capital: £2,000

Stock: £2,000

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 Rolling Mill is a fantastic community pub on the high street with a good trading history. Admiral is looking for an individual or couple that will look to expand on the opportunities that this great pub has by introducing a new food offer, continuing to develop and drive the opportunities that sport has to offer, premiumising the range to fit with new and exciting market trends, as well as continuing the entertainment programme to strengthen this well loved community asset.  The successful candidates will also need to utilise social media to widen the appeal of the pub to a bigger audience and thus attract new customers and build on the already strong local following the Rolling Mill has. There is also room to develop a small yet consistent great cask beer offer here as well.

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 *