Overview

Could you run this pub?

The Cavendish Arms formerly known as The Anchor is a Cask Marque village community pub in Doveridge, Derbyshire. It s sits near the border of Staffordshire and is also just a short drive from Uttoxeter and the A50.

Doveridge is pretty and affluent village with residents living within easy walking distance of the pub. There is additional housing investment currently underway locally and the pub offers a great opportunity to settle into village life and establish a business offering delicious pub food, top notch Sunday dinners and lovely drinks.

Business facilities

The site has a traditional country inn feel and offers open plan trading with a defined bar and dining area (35 covers) for its customers. There is a catering kitchen, beer garden, smoking solution and good sized car park for up to 20 cars

Refurbishment

The pub will undergo updates to the toilets, bar and beer garden space, ensuring space is used to its best potential

Accommodation

This pub offers three bedrooms, a private kitchen and lounge.

About the local area

Doveridge is a mature village which sits on the old main route between Burton and Stoke, the A50 moved the majority of traffic away from the village making it a lovely getaway spot and appealing place to visit and live, the Cavendish is the only pub in the village and serves a wide range of customers and is the perfect place to get away from it all during summer evenings  for drinks or dinner or for a delicious roast at the weekend.

This pub may suit

This is a great opportunity for an operator who will know how to appeal to village residents and those from a wider area, you will thrive in a village environment building strong relationships and also be able to drive business from the wider area to this delightful rural pub. You will have food and drinks experience and great ideas to drive this business to its best potential.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.

You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have a dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus 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 an Operations Manager.

 

 

 

Financial Information

Initial Deposit*
£3,000
Full Deposit
£4,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£67
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Weekly Rent
£308
Forecasted Annual Wet Turnover
£180,400
Forecasted Annual Food Turnover
£73,359
Forecasted Annual Other Turnover
£5,893
Weighted Average Discount Per Barrel
£131
Agreement
Tenancy 3yr

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Pub Location

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