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For Companies At a Glance
- Tasks: Run a vibrant community pub, manage daily operations, and engage with locals.
- Company: Join Admiral Taverns, a leading pub company focused on community-driven venues.
- Benefits: Enjoy flexible working hours, potential for growth, and a supportive network.
- Why this job: Be part of a lively atmosphere, create memorable experiences, and make a real impact.
- Qualifications: Financial investment required; experience in hospitality or management is a plus.
- Other info: Opportunity to innovate with events and food offerings to attract more customers.
The predicted salary is between 20000 - 30000 £ 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 Top Railway is situated in Shepshed, a small market town in North-West Leicestershire. Approximately four miles west of Loughborough and close to the M1 motorway, the Top Railway is well-connected to Leicester, Nottingham and Derby. Surrounded by housing, it is a true community pub, occupying a substantial detached building on a corner plot and boasting a prominent position on Charnwood Road. The town of Shepshed has a variety of local shops, cafes, restaurants, bars and pubs, making it a bustling hive of activity for socialising.
On entering the Top Railway, you are greeted with the wall length, well-stocked bar servery, which gives easy access to all areas of the pub. To the right of the bar, you will find the popular pool table and darts board, which are regularly used by the locals and the weekly sports teams. The opposite side of the pub has a more relaxed feel, with plenty of loose and fixed seating and is balanced with both carpet and wooden floor. Externally, there is a great space with an enclosed beer garden, perfect in the summer months to enjoy al fresco drinking with friends and family. The car park can hold around 10 cars although most locals take advantage of the short walk and fresh air.
The Top Railway has a strong community focus, with a solid base of regular customers. Hosting both pool and darts teams and plenty of weekend music entertainment in the form of a DJ or karaoke. There have also been occasional mid-week activities on at the pub including bingo and kids fancy dress parties which have proven popular. Currently, the pub operates Monday to Thursday, 2pm – 11pm and Friday to Sunday, 12pm – 12am.
The private accommodation consists of three bedrooms, a sitting room, kitchen and bathroom.
Financial:
- Annual Rent: £16,500
- Security Deposit: £5,000 or the equivalent of three months’ rent, whichever is greater
- Working Capital: £3,000
- Stock: £3,000
- 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.
BDM Vision:
There’s clear potential to broaden the Top Railway's appeal by introducing a more diverse weekly rhythm of the week such as quiz nights, bingo, or raffles. The opportunity to introduce a Cask Ale offer could see a whole new customer base driving footfall. A simple back-bar food offering, like pies, baps, or pizzas, could enhance the pub’s offering without requiring a full kitchen setup, providing another welcome additional revenue stream. Introducing Sky or TNT Sports could also attract more customers, particularly on match days and special events. The beer garden presents another opportunity for growth, especially in the summer, by hosting community events and family-friendly activities.
Admiral Taverns are looking for an individual or couple who are familiar with the local area and who understand the local demographics. This is a great pub with bags of potential, and the new licensee should identify these opportunities and grab them with both hands. The vision and business acumen to drive this opportunity forwards is essential, along with the skill set to deliver excellent customer service and standards. The ability to promote and market the pub will be essential.
An external redecoration is planned for this site, however, this is subject to Board Approval and will only be completed upon the right licensee signing a 5-year tenancy agreement.
Additional Information:
- Annual Rent – This is our lowest rent figure associated with a Full Tie.
- 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.
- Working Capital – This is a recommended amount required for day-to-day running of the business.
- Stock – This will be valued by an independent valuer on the day you take over the pub.
- 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.
- Training – £350.00 – Before signing a long-term agreement, you will be required to attend our 7 Steps to Sales Success training programme.
- Service Charge Cost – £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations.
*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, Top Railway, Shepshed 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, Top Railway, Shepshed
✨Tip Number 1
Familiarise yourself with the local community in Shepshed. Attend local events or visit nearby shops and cafes to understand the demographics and preferences of potential customers. This knowledge will help you tailor your offerings and marketing strategies effectively.
✨Tip Number 2
Consider innovative ideas to enhance the pub's appeal, such as introducing themed nights or special events that resonate with the local crowd. Think about how you can leverage the existing community activities like pool and darts to create a vibrant atmosphere.
✨Tip Number 3
Network with other local business owners and community leaders to build relationships that could benefit your pub. Collaborating with nearby businesses for cross-promotions can increase footfall and create a sense of community around your establishment.
✨Tip Number 4
Prepare a clear vision for the pub's future, including potential revenue streams like food offerings or sports events. Being able to articulate this vision during discussions will demonstrate your commitment and understanding of what it takes to run a successful community pub.
We think you need these skills to ace Run an Admiral Pub, Top Railway, Shepshed
Some tips for your application 🫡
Understand the Financial Commitment: Before applying, ensure you fully understand the financial requirements associated with running the Top Railway. Review the annual rent, security deposit, and working capital needed to operate effectively.
Tailor Your Application: Craft your application to highlight your experience in the hospitality industry, particularly in community-focused settings. Mention any previous roles where you successfully engaged with local customers or managed a pub.
Showcase Your Vision: In your application, outline your vision for the Top Railway. Discuss potential activities, events, or offerings you would introduce to enhance the pub's appeal and attract a diverse customer base.
Highlight Local Knowledge: Emphasise your familiarity with Shepshed and its demographics. Mention any connections you have within the community and how you plan to leverage these relationships to promote the pub.
How to prepare for a job interview at Admiral Taverns - Leased & Tenancy
✨Understand the Financial Commitment
Before the interview, make sure you fully understand the financial requirements of running the Top Railway. Be prepared to discuss how you plan to manage the annual rent, security deposit, and working capital. Showing that you have a solid financial plan will demonstrate your seriousness about the role.
✨Showcase Your Community Engagement Skills
Since the Top Railway is a community pub, it's essential to highlight any previous experience you have in engaging with local communities. Discuss ideas for events or activities that could attract more customers, such as quiz nights or family-friendly events, to show your understanding of the local demographic.
✨Demonstrate Your Customer Service Expertise
Excellent customer service is key in the hospitality industry. Prepare examples from your past experiences where you provided outstanding service or resolved customer issues effectively. This will help illustrate your ability to maintain high standards and create a welcoming atmosphere.
✨Be Ready to Discuss Marketing Strategies
The ability to promote and market the pub is crucial. Come prepared with ideas on how to attract customers not just from the local area but also from further afield. Discuss potential marketing strategies, such as social media campaigns or partnerships with local businesses, to show your proactive approach.