Run Admiral Pub, Alexandra

Overview

The Alexandra is a traditional community pub nestled in the heart of Darwen, a historic market town in Lancashire, England. Surrounded by residential homes and local shops, the pub is positioned at the centre of a close knit community. Darwen blends historical charm with modern convenience and is near the West Pennine Moors and the River Darwen. The town offers connectivity by road and rail, with easy access via the A666 and direct trains to Manchester Victoria, Clitheroe, and surrounding towns.

The Alexandra is a beloved local pub and welcoming stop for visitors exploring this historic and accessible part of Lancashire.

The pub offers a unique and versatile layout, centered around a central servery bar that serves both the main bar and lounge areas. The lounge provides a relaxed atmosphere with fixed benched seating, low-level chairs, and a mix of carpeted and tiled flooring. Soft furnishings add a homely touch, and a small raised area with an open fire enhances the cosy feel for dining or socialising.

Entertainment includes a pool table, multiple TVs showing live sports, and a dedicated DJ area for live music, karaoke, and quiz nights. The main bar offers a vibrant, social setting with hardwood flooring, high bar stools, and bench seating around the windows. The space is designed for active engagement with dartboards, a second pool table, and live sports screens. A well-equipped catering kitchen supports food offerings for the lounge and snacks for the bar.

Outdoors, a decked area overlooks a garden with covered huts and a large grassed space for summer events and community gatherings. Ample parking is available front and rear, reinforcing the pub’s role as a hub for locals and visitors alike.

The Alexandra is a predominantly wet-led community pub that focuses on delivering an excellent drinks experience. The pub also offers a midweek food selection and traditional Sunday roasts, providing a balanced and enjoyable visit. Wet sales make up 80% of its trade. The pub serves as a versatile venue for private functions and events, seating around 100 guests for celebrations, family gatherings, and community events.

The pub actively supports local sports teams, hosts darts and pool games, and provides regular live music at weekends, fostering a vibrant and inclusive environment. The current licensees are known for their warm, community-focused approach, contributing to The Alexandra’s status as a beloved local hub in Darwen.

Private Accommodation: four bedrooms, living room, kitchen and a bathroom, all in good condition.

Annual Rent: £19,500

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 for small business rates relief applied for by the licensee and the licensee only occupying one property for commercial purposes.

Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.

Tie: All drinks categories are tied. For fully funded licensees on long-term agreements, free-of-tie options are offered for certain drinks categories in exchange for an annual fee.

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

The Alexandra is a highly regarded pub and a popular community hub. Admiral Taverns seeks a dynamic and experienced licensee to take it to the next level. The ideal candidate should be passionate about enhancing drinks and food offerings and delivering exceptional customer experiences. A keen eye for detail, a commitment to high service levels, and effective social media marketing will be key.

The licensee will maintain a welcoming, inclusive atmosphere, foster relationships with local charities and community groups, and organise regular events such as league games, darts, and pool tournaments, along with a strong weekly rhythm of quizzes, live music, and other activities. A solid understanding of marketing and online presence is essential. This is an opportunity to lead a thriving pub and contribute…