Minimum Ingoing Costs: £5,000
Annual Rent: £6,500
Hollybush, Lye, DY9 8AB
The Holly Bush is situated in a large residential area in Lye and it benefits from a prominent location with lots of walking trade. Lye is a working community and benefits from locals who use the Holly Bush from morning to night. The front of the pub has recently undergone a refurbishment, with the inside being in relatively good condition, although putting your own personal stamp on it would not go amiss. Lye is a suburban area of Dudley in the West midlands and has a population of approximately 13,000.
This site caters for the whole community from the young to the old. The pub currently opens all day as it has a regular crowd at lunchtime, who like a good catch-up and chat and from time to time a game of darts. There is a good darts following, with three darts teams running from the pub, along with a dominoes league run in house weekly. The current licensee has done a lot of work to engender a 'locals' feel to the site running events for the community including a 'black-tie' New Year’s Eve party and various other events throughout the year. The weekend entertainment consists of karaoke and discos on a Saturday night and has an excellent following. Whilst there’s no catering kitchen there’s an opportunity to run a back-bar pizza offering, or indeed allow customers to come to the pub and enjoy their take-out in a comfortable environment. Admiral Taverns are looking for applicants who are enthusiastic and have lots of ideas to develop this fantastic community pub. They will understand and engage with social media including Facebook and Twitter to promote the business or be willing to learn with Admiral Taverns offering training and support in this area. Admiral Taverns offer a range of support under the 'Business Support Agreement' which is particularly advantageous for those who are new to the industry. This agreement will run for a set period of eight months, providing the licensee with bespoke training programmes, access to business insights from a range of industry experts, and an unrivalled portfolio of products and equipment.
The Hollybush is effectively a one-room pub, although the floor covering and fixed seating provides a demarcation between the bar and lounge areas. The current operator has fitted a sliding door to enable the rooms to be separated, and this has allowed them to run “private” events in the lounge, such as clairvoyant nights and 'Ann Summer’s' evenings for the local ladies. The bar and lounge can be served from one main bar which keeps staffing costs down. There’s a small beer garden with smoking solution, which offers an oasis in the local community. The cellar is of a good size and is in very good condition, with the site currently achieving the highest standard possible for line cleaning and cellar management. Whilst the pub has no car park, and indeed there are yellow lines directly outside of the pub, there is street parking locally, although the lack of parking doesn’t really matter as most trade is walking trade.
Detailed letting information is available from the Admiral Taverns website which covers information on training and start up requirements. To cover new business start-up costs all applicants must have cash funds to invest, these costs vary depending on each individual site.