Overview

Could you run this pub in Truro

Located in the heart of Truro, Cornwall, Back Quay Bar is a stylish, modern pub that is currently being rebranded as a premium beer and cocktail venue.

The interior is split into three separate trading areas, with a main bar space visible from the street and equipped with lots of high seating and poseur tables, a separate restaurant space which can cater for up to 40 covers at one time, and a conservatory which is ideal for more intimate dining or large bookings.

The pub has recently launched a new menu, consisting of great vegetarian and vegan options, as well as delicious sharing platters.

About the local area

Back Quay Bar occupies a fantastic location just off Truro’s main shopping street in the heart of Cornwall’s only city. As such, it’s surrounded by shops as well as regional head offices for law firms and accountants.

On top of this, being Cornwall’s only city, Truro attracts tourists from all over the world and the pub is even situated next to the newly refurbished Hall for Cornwall – a theatre venue which plays host to West End musicals, opera, ballet and other performances.

Ideal Operator

Back Quay Bar would be ideal for a Publican with an interest in a quality, high end drinks offer providing outstanding customer service, in order to attract a premium crowd from the surrounding area.

Accommodation

The pub’s domestic accommodation consists of a private kitchen and two private bedrooms, which Punch will ensure is in good order.

About the Agreement

We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.

Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible deposit options, with build ups from as little as £1,000 as well as flexible price bands and release fees which are available.

Whatever the agreement, with Punch you always get:

  • A progressive pub company – winners of the Publican Awards 2022!
  • Industry leading investment with a whole world of possibilities
  • Industry leading training, with our Academy and Kitchen
  • Industry leading e-commerce platform – Punch Buying Club
  • Expert coaching and advice every step of the way

* The calculation of the initial Ingoing Costs assumes a minimum deposit, £1,000 & legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager

Want to find out more about this agreement? Click Here

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Financial Information

Minimum Deposit
£1,000
Full Deposit
£7,750
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures & Fittings Weekly Rent
£39
Working Capital
£2,000 - £4,000
Street Check
Click Here

Business Information

Annual Rent
£31,000
Forecasted Annual Wet Turnover
£246,420
Forecasted Annual Food Turnover
£52,000
Forecasted Annual Other Turnover
£4,025
Agreement
Flexible Tenancy

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