At a Glance
- Tasks: Run a vibrant community pub, hosting events and engaging with locals.
- Company: Admiral Taverns, dedicated to supporting local pubs and communities.
- Benefits: Opportunity for financial investment and potential for personal growth.
- Why this job: Be at the heart of your community, creating memorable experiences for everyone.
- Qualifications: Passion for hospitality and community engagement; experience is a plus.
- Other info: Exciting chance to shape a local venue with live music and sports.
The predicted salary is between 18000 - 25200 £ 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 Rampant Horse is a wet led community pub located on the Orchard Park Estate in the north west area of the city of Hull. Nestled in the heart of a large community housing estate the demographics show a population of more than 23k within a one mile radius. This is an exciting opportunity for either a new starter or an experienced operator.
Pub Layout
The Rampant Horse is a traditional wet led community pub with two separate trading areas, as you walk into the pub via the carpark you enter the main bar, this is a large room with ample fixed seating and a dedicated pool area large enough to house two tables, there are also two darts boards which is a welcome addition to the pub, supporting the local sports teams. There are also two TVs in this area, the toilets are also accessed via this room. The second trading room has a stage for live acts and could also be used for functions benefiting from having additional toilets and separate access. To the front of the pub is a beer terrace with wooden benches for external drinking and to the rear is a car park capable of parking up to 10 vehicles.
Trading Style
The Rampant Horse is a traditional community pub, with a well-stocked bar featuring a range of popular brands. There needs to be a strong focus on pub sports teams, live music and quiz nights ensuring there is a strong rhythm of the week. Given the size of the pub and the two separate areas it could easily lend its to functions and community events.
Accommodation
The private accommodation consists of three bedrooms, lounge, bathroom and kitchen
Financial
Annual Rent: £18,000
Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £2,000
Stock: £1,000
Fixtures and Fittings: To be confirmed upon valuation–funding options may be available for the right licensee.
Business Rates: £Nil. Based on the April 2023 rating list, the Zero 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.
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.
BDM Vision
The experience and qualities we consider desirable to run this venue include drive and enthusiasm, and ideally someone who is passionate about running a local community pub. An interest in sport would be beneficial, but more importantly the need to maintain good standards and deliver regular activity such as quiz/bingo, occasional karaoke and fund raising for the benefit of the local community is key to continuous success at this site.
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 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 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, Rampant Horse, Hull 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, Rampant Horse, Hull
✨Tip Number 1
Get to know the local community! Spend some time in the area, chat with locals, and understand what they want from their pub. This will help you tailor your offerings and create a welcoming atmosphere.
✨Tip Number 2
Show off your passion for running a community pub! When you meet potential investors or partners, let your enthusiasm shine through. Share your ideas for events like quiz nights or live music that can bring people together.
✨Tip Number 3
Don’t shy away from discussing finances openly. Be prepared to talk about the investment required and how you plan to manage it. Transparency builds trust and shows you’re serious about making the Rampant Horse a success.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we’re here to support you every step of the way in making your pub dreams a reality.
We think you need these skills to ace Run an Admiral Pub, Rampant Horse, Hull
Some tips for your application 🫡
Show Your Passion: When you're writing your application, let your enthusiasm for running a community pub shine through. We want to see that you’re not just in it for the money, but that you genuinely care about creating a welcoming space for locals.
Be Clear About Your Investment: Since this role requires a financial commitment, be upfront about your understanding of the investment needed. Mention any relevant experience or plans you have for managing the finances effectively, so we know you’re prepared.
Highlight Relevant Experience: If you've got experience in hospitality or running events, make sure to include that in your application. We love seeing candidates who can bring their skills to the table, especially when it comes to hosting quiz nights or live music!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to keep track of your application and ensure you get all the info you need about the Rampant Horse.
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 Rampant Horse. 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.
✨Show Your Community Spirit
This pub is all about community, so be prepared to discuss how you plan to engage with the locals. Think about ideas for quiz nights, live music, or sports events that could bring people together. Highlighting your passion for community involvement will resonate well with the interviewers.
✨Demonstrate Your Experience
Whether you’re a newbie or an experienced operator, be ready to share relevant experiences. Talk about any previous roles in hospitality, especially if you’ve managed a pub or similar venue. If you have experience with community events or sports, make sure to mention that too!
✨Ask Smart Questions
Prepare some thoughtful questions to ask during the interview. Inquire about the support available from the Business Development Manager or specifics about the training programme. This not only shows your interest but also helps you gauge if this opportunity aligns with your goals.