Overview

Could You Run This Pub?

This community value pub sits in a prominent position in a heavily populated suburb and offers plenty of scope to become a real focal point for the down-to-earth folk in this residential area. It has everything required to provide an all-round offer of sports, entertainment, a great drinking environment and good value pub grub. Developing the sports and entertainment side of this business will help it to achieve its full potential, while also meeting the needs of local customers.

The Cornishman is set up to serve all comers, with two distinct rooms trading around a central bar. The lounge bar offers a separate darts area and can also be closed off to host functions, events, karaoke and live music. At the other side of the pub, customers can meet to chat, drink and eat in the main bar or take advantage of the pool table towards the rear. Outside, there’s a spacious beer garden where children can let off steam on dedicated play equipment while the grown-ups enjoy a relaxing drink. The pub offers further benched seating to the front of the property and a large car park with space for 20 vehicles.

Accommodation 

The private accommodation consists of three bedrooms and a kitchen, bathroom and lounge

About the Area 

The Cornishman is located in the densely populated suburb of Alvaston near Derby. It occupies a large corner plot on one of the key routes through the area, adjacent to a row of local shops and amenities. Situated just 10 minutes’ drive from the centre of Derby, Alvaston is home to over 8,000 people, the majority being hardworking families who go back generations. There’s a strong sense of community among these leafy streets and dense estates. Sitting adjacent to the main A6 road leading into Derby city centre, Alvaston enjoys good bus links. It offers a range of shopping and leisure options, including picturesque Alvaston Park, which runs alongside the River Derwent and contains an impressive BMX track that regularly plays host to large national events.

To success here you’ll need the desire to get stuck in and integrate with the local community, the ability to promote great wet sales deals and, perhaps most importantly, the skill to book and host memorable entertainment events that will appeal to local residents.

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
£1,500
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£25
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£6,000
Forecasted Annual Wet Turnover
£176,248
Forecasted Annual Other Turnover
£2,167
Agreement
Flexible Tenancy

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