Admiral Pubs Management Agreement, Pinny, Penrith

The Pinny is a traditional pub located just off the main high street in Penrith, surrounded by other businesses such as public houses, shops, and takeaways. Situated in the heart of Penrith, it is close to the train station, buses, and taxis. The pub is just three miles from the Lake District and 17 miles from Carlisle, likely benefiting from tourist traffic.

Pub Layout

On entry, the bar welcomes you with a spacious and inviting layout, offering a comfortable and vibrant atmosphere. To your right, the bar area features two large TVs and a single dartboard, adding a touch of classic pub charm. The bar is predominantly furnished with fixed seating, creating a cosy and communal space. There are also taller tables with stools for those who prefer elevated seating.

Trading Style

There is significant potential to increase revenue, as the pub is not currently trading to its full potential. The main sales occur during weekends, driven by Friday and Saturday night DJ/Karaoke. Introducing mid-week activities such as quizzes or bingo could boost sales. The pub has a darts board and potential to develop a darts team to attract more visitors.

Accommodation

The private accommodation is in good condition, comprising two bedrooms, a lounge, kitchen, and bathroom. It also has access to a roof terrace.

Financial

Security deposit: £2,000

Estimated annual turnover (net): £234,000

These figures are based on the Business Development Manager\’s assessment and are for guidance only.

No rent applicable on this agreement

This opportunity allows you to run the pub as a self-employed manager. Admiral Taverns covers all running costs, including rates, utilities, stock, and day-to-day expenses. You will receive 18.5% of the net weekly sales, along with employment costs for staff, council tax, and TV license for the residential quarters.

All new operators receive comprehensive free training, including:

• 7 Steps to Sales Success Training Programme: An online two-day course on marketing and business strategies.
• E-Learning Training: Over 30 courses covering Compliance, Health and Safety, Personal Development, and Wellbeing.

BDM Vision

Lisa Jennings, the Business Development Manager, seeks an operator with strong business acumen and proven experience in driving entertainment and footfall through a well-organized weekly rhythm. The ideal candidate will understand and engage with the local community through events, charitable initiatives, and networking. While not a large sports pub, it has a loyal racing customer base, and understanding how to leverage this is essential.

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