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- Tasks: Lead and transform The Chequers pub into a vibrant community hub.
- Company: Admiral Taverns, known for supporting innovative pub management.
- Benefits: Opportunity to invest in a prime location with strong community ties.
- Why this job: Shape the future of a beloved local pub and engage with the community.
- Qualifications: Experience in hospitality and a passion for community-focused service.
- Other info: Potential for significant growth and development in a picturesque village.
The predicted salary is between 42500 - 59500 £ per year.
Please note: Applicants must be prepared to invest financially in taking on and running this pub. To understand the level of investment required, please review the financial section.
The Chequers enjoys a prominent and highly visible position just off the main Braintree Road (B1417) in the heart of the picturesque village of Felsted, Essex. Set slightly back from the roadside, the pub forms a striking feature of the village streetscape, benefiting from its central location. Notably, Felsted Senior School one of the UK’s leading independent schools is located directly behind the pub, while Felsted Prep School lies just across the road. This prime positioning places The Chequers at the heart of a vibrant local community with a strong educational and residential presence. Despite its rural charm, Felsted is well-connected, served directly by the A120, with links to Stansted Airport and the M11. Nearby access to the A12, A131 (to Chelmsford and Halstead), and B1256 provides excellent connectivity to nearby towns. Several rural bus routes pass through the village, enhancing accessibility from Braintree, Great Dunmow, Chelmsford, and Saffron Walden.
Pub Layout
The pub currently features three distinct trading areas centred around a single bar servery. Two of the trade areas are currently in use, with an additional room to the left that is currently underutilised. Planned redevelopment will transform the layout into a bright, open-plan horseshoe-shaped space by relocating the bar, opening up the left-hand room, and creating a direct connection from the kitchen to the trade floor. This will significantly enhance flow and atmosphere, allowing for 72 internal covers. To the rear, a tired outhouse will be removed to create a spacious and inviting external area, offering up to 124 covers—perfect for outdoor dining, events and maximising trade throughout the year.
Trading Style:
The Chequers is a strong wet led pub with a large opportunity to develop a food offering. The pub currently offers periodic entertainment and cask ales and is open 7 days a week. There is one other pub in the village, The Swan, which is food-led, offering an Italian-inspired menu and operating throughout the day. With its standout location and increasing local population, The Chequers is well placed to become a key social and dining hub in this growing community.
Accommodation:
Private Accommodation
The private accommodation consists of three double bedrooms, lounge, kitchen and bathroom. This area is spacious and in good condition.
Financial:
Annual Rent: £42,500
Security Deposit: £10,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £2,000
Stock: £8,000
Fixtures and Fittings: £40,000 with an initial upfront payment of £20,000 – funding options may be available for the right licensee.
Training Fee: £460
Legal Fee: £570
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 Chequers is a prominent village pub with strong potential, ready for an experienced licensee to lead its transformation. We’re seeking someone with proven success in similar venues who can deliver a high-quality, community-focused offer. The vision is for an all-day pub that caters to all occasions – serving quality coffee, lighter bites, and a full food menu, supported by a drinks range that spans premium draught, wines and spirits, cask ales and sessional options.
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). 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 – A security deposit is required when applying for a pub with Admiral. This will be the greater of £5,000 or three months’ headline rent. The deposit is held on your account and returned when you leave, subject to your final account balance and the condition of the property. We will also carry out a credit check as part of your application, which may affect the deposit amount required.
Working Capital – This is a recommended 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 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 *
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Run an Admiral Pub, Chequers, Felsted 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, Chequers, Felsted
✨Tip Number 1
Get to know the local community! Spend some time in Felsted, chat with locals, and understand their needs. This will help us tailor our offerings at The Chequers to really resonate with the people who live and work nearby.
✨Tip Number 2
Show off your passion for hospitality! When we meet potential investors or partners, let’s share our vision for The Chequers. A clear, enthusiastic pitch about how we plan to transform the pub can make a huge difference.
✨Tip Number 3
Network like a pro! Attend local events or join community groups. Building relationships with other business owners and residents can open doors and create opportunities for collaboration that will benefit The Chequers.
✨Tip Number 4
Don’t forget to leverage our website! Applying through StudySmarter not only streamlines the process but also gives us access to resources and support that can help us succeed in running The Chequers.
We think you need these skills to ace Run an Admiral Pub, Chequers, Felsted
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for running The Chequers shine through. We want to see your love for the pub industry and how you plan to engage with the local community.
Be Clear About Your Investment: Since financial investment is key, be upfront about your readiness to invest. Outline your understanding of the financial requirements and how you plan to manage them effectively.
Highlight Relevant Experience: Make sure to showcase any previous experience in similar venues. We’re looking for someone who can demonstrate a track record of success in running pubs or hospitality businesses.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and get the ball rolling on your journey to running The Chequers.
How to prepare for a job interview at Admiral Taverns - Leased & Tenancy
✨Know Your Numbers
Before heading into the interview, make sure you’re familiar with the financial aspects of running The Chequers. Understand the annual rent, security deposit, and working capital required. This shows that you’re serious about the investment and ready to take on the responsibility.
✨Showcase Your Community Focus
The Chequers is all about being a community hub. Be prepared to discuss how you plan to engage with the local residents and schools. Share ideas for events or promotions that could attract families and students, highlighting your commitment to making the pub a vibrant part of Felsted.
✨Emphasise Your Experience
Since they’re looking for someone with proven success in similar venues, come armed with examples from your past. Talk about specific challenges you faced and how you overcame them, especially in wet-led pubs or those with a food offering. This will help build your credibility.
✨Visualise the Transformation
With plans for redevelopment at The Chequers, it’s crucial to demonstrate your vision for the space. Bring ideas on how to enhance the layout and atmosphere, and be ready to discuss how you would maximise both indoor and outdoor covers. This shows you’re not just thinking about today but also the future.
