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Run an admiral pub, george tavern, oldham

Oldham
Admiral Taverns - Leased & Tenancy
Posted: 21 June
Offer description

The George is located in the centre of Oldham Town Centre, on the walkway to the main bus station, just a minute from the metro link, and close to the University Campus and Oldham College. Oldham is 8 miles north of Manchester city centre, 5 miles east of Rochdale, and 3 miles south of Ashton under Lyne. It is approximately 1 mile from the M62 and M60 motorways. The Metrolink connects to Manchester city centre and Rochdale. The George is near town centre shopping, including the Spindles Shopping Centre, with ample parking available.


Pub Layout

There are two entrances: the main side entrance opens into the main bar, which faces you upon entry. To the right, there's a lounge area with various seating options and a stage for live entertainment. To the left, in front of the bar, is a seated area leading down two steps to a pool room, which features a raised breakfast bar that doubles as a drinking shelf. The second entrance, used only in summer, is located in the pool room. The pub has two licensed external drinking areas: one at George Square with picnic benches and loose furniture, and a private rear area with raised decking, fixed seating, and external heating.


Trading Style

The George is a key part of Oldham’s nightlife and pub economy, known for entertainment and its role in the LGBT community. It hosts sports teams and regular events such as pool nights, poker, karaoke, and live acts. The pub is in good condition, primarily wet-driven, with a catering kitchen that could be developed for food service. The drinks selection includes standard and premium lagers, spirits, and wines. There are three televisions for live sports coverage.


Accommodation

Private accommodation on the first floor includes a kitchen, lounge, office, three large double bedrooms, a bathroom with a shower, and a separate toilet. Access is via a private entrance from the main bar area.


Financial Information

* Annual Rent: £15,000
* Security Deposit: £5,000
* Working Capital: £1,500
* Stock: £3,000
* Fixtures and Fittings: To be confirmed upon valuation, with funding options available for the right licensee.
* Tie: All drinks categories are tied. Long-term agreements may include free-of-tie options for certain drinks categories in exchange for an annual fee.

For detailed financials, refer to the ‘Additional Info’ tab.


Vision and Future Plans

The George is integral to Oldham’s nighttime economy, situated on the main drinking circuit and close to shopping areas. It is recognized as a popular night-out venue, especially within the LGBT community, with the current operator being chair of Oldham Pride. The goal is for new operators to enhance the venue through promotion, planning, and high standards, building on its existing popularity.


Additional Information

Rent is billed weekly in advance. The security deposit is typically 25% of the rent but may be negotiated. The suggested working capital covers daily operations. Stock valuation includes all unopened and open bottles, spirits, wines, and keg or cask ale in unopened containers. Fixtures and fittings include bolted items, furniture, and hanging items. Training costs £350 for the ‘7 Steps to Sales Success’ program, conducted online over two days. The weekly service charge for maintenance is £63.33, covering compliance and statutory obligations, including boiler and cellar cooling repairs. Some pubs benefit from zero business rates, subject to small business relief applications.

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