The Albert is an end-of-terrace property facing Caernarfon Marina & Castle. It is located just behind the main square in Caernarfon, a popular circuit venue on weekends and a major tourist attraction annually, with increased visitors in summer. Caernarfon is a royal town, community, and port in Gwynedd, with a population of 9,852. It lies along the A487 road on the eastern shore of the Menai Strait, opposite the Isle of Anglesey. Bangor is 8.6 miles northeast, with Snowdonia to the east and southeast.
Pub Layout
The Albert has two entrances, side and front, leading into a well-appointed, open-plan one-bar pub. There is a cosy snug with views of the marina and castle, a pool zone, and a raised area hosting bands and performers at weekends. The main bar offers a variety of popular and premium brands across all categories. The external rear garden features a sheltered TV area and an open, well-maintained space for outdoor socialising.
Trading Style
The Albert primarily operates as an evening venue with a late license, hosting karaoke, discos, and live entertainment. It is mainly a locals' pub but also attracts tourists. During weekdays, it offers live sports via BT and Sky, quiz nights, and charity events.
Accommodation
The private accommodation includes a large living room, dining room, well-equipped kitchen, three bedrooms, and a large bathroom with WC.
Financial Details
Annual Rent: £16,500
Security Deposit: £5,000
Working Capital: £1,500
Stock: £3,000
F&F: TBC – Funding options may be available for the right licensee.
For detailed financial info, please see the ‘Additional Info’ tab.
BDM Vision
Ideal for first-time licensees, the Albert is a community-focused pub serving a range of beers from standard to premium. Entertainment options include Sky Sports, BT Sports, live acts, karaoke, and pub games like quiz nights. The venue suits social media-savvy operators who can attract customers through digital channels.
Future Plans & Additional Information
Rent: This is the lowest rent for a full tie pub. Reduced tie may increase effective rent via tie release fees. Rent is paid weekly in advance. Discretionary startup rent may be discussed.
Security Deposit: Held on account and returned upon exit, based on final account and property condition. Typically 25% of the rent, with potential for lower deposits on long-term agreements.
Working Capital: Recommended amount for daily operations.
Stock: Valued by an independent valuer at takeover, including glassware, unopened bottles, wines, spirits, and kegs, provided containers are unopened.
Fixtures & Fittings: Includes items bolted to the floor/walls, free-standing items, and furniture.
Tie: All drink categories are tied. For long-term, fully funded licensees, free-of-tie options are available for certain drinks for an annual fee.
Training: £350 – Attend our 7 Steps to Sales Success online training over two days before signing a long-term lease.
Service Charge: £63.33/week for the Admiral Taverns Premium Maintenance Package, covering compliance, boiler and cooling repairs, and access to e-learning.
*Zero Business Rates: Based on April 2023 ratings, small business rates relief may apply, only for pubs marked with an asterisk.
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