The Winning Post is a prominent, detached pub, located on a spacious plot of land on the outskirts of the city of Wolverhampton but has the added benefit of being part of a highly populated bustling community.
The Winning Post boasts an expansive, open-plan trading space spread across multiple levels. Upon entering through the front doors, you’re greeted by a generously equipped bar servery. To the left, a lower level extends into a seating area, offering a quieter ambiance. Continuing onward, you ascend to a spacious sports area featuring two pool tables and space for dart enthusiasts. Adjacent to the bar servery lies a catering kitchen. Towards the rear of the property, a sizable car park accommodates over 25 vehicles. Following around to the far side of the pub reveals a spacious beer garden, poised to enhance the overall appeal of the establishment once fully developed.
The pub holds the versatility to appeal to various demographics. Its food offerings can be customized to cater to different tastes, ensuring a wide customer base. With Sky Sports airing throughout the week and weekends, it draws in sports enthusiasts. Pub teams are encouraged, given the unrestricted access to pool tables and ample space for dart throws. Moreover, the pub hosts entertainment and live DJs on weekends, adding to its vibrant atmosphere. During the summer months, the outdoor space presents an opportunity to attract families and casual drinkers, enhancing the pub’s appeal beyond its indoor offerings.
The accommodation has been recently refurbished and comprises of 3 bedrooms large kitchen and lounge. This benefits from its own private entrance and a private garden.
Annual Rent: £16,000
Security Deposit: £5,000
Working Capital: £2,000
Stock: £4,000
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.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Winning Post holds significant potential to capture a sizable market and is ideally suited for an experienced operator with a vision to combine a food offering with the charm of a traditional community pub. With the right operator, there exists an opportunity to invest in and enhance the outdoor areas, propelling the pub forward as the premier destination in the area.
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 – £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 *
© 2024 Admiral Taverns Ltd. All Rights Reserved. Registered in England & Wales No. 05438628