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Coastal
The Albert Vaults is a compact, two-door, single-bar pub situated just off the main square in a prime town centre location. Its prime town centre location, established customer base and late-night trading licence create multiple opportunities to drive footfall and increase sales throughout the week.
The pub offers a traditional single-bar trading space designed to cater for both regular local customers and a lively weekend crowd. Operating as a wet-only business, it benefits from a simple and proven model with plenty of scope to develop sales through quality drinks, entertainment, live sport and events.
This is a straightforward wet-led business with significant untapped potential and a clear route to growth. The next Pub Partner will have the opportunity to re-establish Albert Vaults as a thriving community venue by rebuilding regular midweek trade, making full use of the late-night licence and creating reasons for customers to visit throughout the week. The comprehensive sports offering and strong local reputation provide excellent foundations for future success.
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Experienced Operator
This is an opportunity to take on a well-positioned town centre pub with a straightforward operating model and significant potential for growth.
The landlords are looking for an operator, couple, or team with a passion for community pubs and wet-led businesses. You’ll have strong commercial awareness, the ability to build lasting relationships with local customers, and the confidence to create a welcoming atmosphere that keeps guests coming back. Experience delivering successful sports viewing, entertainment, promotions and local events would be a distinct advantage.
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Reference Number:
PSCFKB / 46485
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Agreement Type:
Operator Agreement
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
All financial information shown, including projected turnover, costs and potential earnings, is provided for illustrative purposes only and was correct at the time of advertising. These figures are not guaranteed and actual results may vary based on trading performance, operator decisions and market conditions.
Business Details
Forecast Wet Turnover: | £156,000 pa |
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Estimated Annual Operator Share: Based on 20% of forecast weekly sales. This figure excludes VAT and business operating costs, including labour. | £31,200 |
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Financial Details
Deposit: | £5,000 |
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Legal Costs: | £360 |
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Currently generating around £3,000 in weekly sales, the business is entirely wet-led and attracts a mix of loyal locals and weekend visitors. With the right operator at the helm, there is a realistic opportunity to grow trade to £5,000-£6,000 per week by reconnecting with the local community and maximising the pub’s strong position within the town.
What’s in it for you?
- 20% share of weekly wet sales, excluding VAT.
- Keep 100% of the food sales.
- Low ingoing costs, starting with just a £5,000 deposit and a £360 legal fee.
- Separate owner’s accommodation is included, with most household bills covered apart from Council Tax and TV Licence.
The private accommodation consists of three bedrooms, a spacious lounge, kitchen, bathroom and an office.