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For Companies At a Glance
- Tasks: Run a vibrant pub, host live music, and engage with the local community.
- Company: Join Admiral Taverns, a leader in creating lively pub experiences.
- Benefits: Enjoy a welcoming atmosphere, potential for growth, and training opportunities.
- Why this job: Be part of a social hub, connect with locals, and showcase your passion for cask ale.
- Qualifications: Experience in hospitality and a love for community engagement are essential.
- Other info: Private accommodation available; flexible rent options for the right candidate.
The predicted salary is between 25000 - 42000 £ per year.
Located on the corner of Napier Road and Albert Road in Southsea, the 5th Hants benefits from high footfall in its prominent roadside location. The densely populated residential areas surrounding the pub make it the perfect place to develop a well-supported community hub, attracting a strong local trade. Both Southsea Town Centre and the Seafront are under 10 minutes walk away, attracting seasonal trade from tourists. With the pub being just 1 mile from Fratton Railway Station, it is easily accessible by public transport.
Pub Layout
Entry to the pub is granted via the main front door where customers will be greeted with an open-plan, ground floor bar area with single bar servery to the right. This trade area has gained a reputation amongst the local community for hosting sports and live music nights. A separate trade area to the rear has its own separate bar servery, and is used as a tap room for customers not wanting to get involved in the pub's entertainment and events. The pub does not have a car park, however street parking is available.
Trading Style:
This pub is run as a wet-led venue with the majority of its revenue coming from its weekly live music and entertainment nights, hosting a selection of music genres including local artists. The current licensee effectively utilises social media to increase footfall and engage with the wider community. There is no catering kitchen on site, but there is an opportunity to develop a small back bar food offering. The venue features a premium drinks selection, with a particular emphasis on cask ales, which are highly popular among the local clientele.
Accommodation:
The private accommodation consists of three bedrooms, large lounge, kitchen, bathroom plus a small office.
Financial:
- Annual Rent: £19,950
- Security Deposit: £3,000
- Working Capital: £5,000
- Stock: £5,000
- 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.
BDM Vision:
The ingoing licensee will be experienced, community focused and passionate about cask ale. We are looking for someone to build on the solid foundations that our current licensee has developed and be able to unlock further growth at the pub. The pub will remain a wet-led venue, emphasizing high-quality drinks, with a particular focus on its excellent range of cask ales. The 5th Hants will continue to be known for its regular live music acts, solidifying its role as the social hub of the Albert Road community. With its welcoming atmosphere and vibrant entertainment, this pub will offer plenty of reasons for locals and visitors alike to stop by.
Future Plans:
Additional Information:
- 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).
- 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.
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 peace 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 for by the licensee and the licensee only occupying one property for commercial purposes. Please note, this only applies to pubs marked with an Asterix.
Run an Admiral Pub, 5th Hants Volunteer Arms, Southsea employer: Admiral Taverns - Leased & Tenancy
Contact Detail:
Admiral Taverns - Leased & Tenancy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Run an Admiral Pub, 5th Hants Volunteer Arms, Southsea
✨Tip Number 1
Familiarise yourself with the local community and its preferences. Attend events in Southsea, engage with locals, and understand what they love about the 5th Hants. This will help you tailor your approach to running the pub.
✨Tip Number 2
Showcase your passion for cask ale and live music. Prepare to discuss your favourite local brews and how you plan to enhance the pub's entertainment offerings. This will demonstrate your commitment to the pub's identity.
✨Tip Number 3
Utilise social media effectively. Share your ideas on how to engage the community online and attract footfall. Highlight any previous experience you have in promoting events or building a brand presence.
✨Tip Number 4
Be prepared to discuss your vision for the pub's growth. Think about innovative ways to increase revenue while maintaining the wet-led focus, such as introducing themed nights or collaborating with local artists.
We think you need these skills to ace Run an Admiral Pub, 5th Hants Volunteer Arms, Southsea
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of running the 5th Hants Volunteer Arms. Familiarise yourself with its community focus, entertainment offerings, and the importance of cask ales to the local clientele.
Tailor Your CV: Highlight your relevant experience in the hospitality industry, especially any roles that involved managing a pub or bar. Emphasise your community engagement skills and any experience with live music events or social media marketing.
Craft a Compelling Cover Letter: In your cover letter, express your passion for creating a welcoming atmosphere and your vision for enhancing the pub's role as a community hub. Mention specific ideas you have for attracting both locals and tourists, particularly through events and promotions.
Showcase Your Financial Acumen: Given the financial details provided, demonstrate your understanding of managing a pub's finances. Discuss how you would handle the annual rent, working capital, and stock management effectively to ensure profitability.
How to prepare for a job interview at Admiral Taverns - Leased & Tenancy
✨Know Your Community
Familiarise yourself with the local area and its residents. Understanding the community's preferences and needs will help you demonstrate how you can create a welcoming hub at the 5th Hants.
✨Showcase Your Passion for Cask Ales
Since the pub emphasises high-quality cask ales, be prepared to discuss your knowledge and passion for them. Share any experiences you've had in promoting or serving cask ales to highlight your suitability for the role.
✨Engage with Entertainment Ideas
The pub is known for its live music and entertainment nights. Come prepared with ideas on how to enhance these events or introduce new ones that could attract more customers and strengthen community ties.
✨Discuss Social Media Strategies
As the current licensee effectively uses social media to engage with the community, think about how you can leverage these platforms. Be ready to share your own strategies for increasing footfall and building a loyal customer base.
