Overview

Could you run this pub?

Are you a talented, large-scale food operator looking to run a traditional pub with a quirky modern twist? Look no further than the Cross Keys.

The pub and location

The Cross Keys is a gem of a business, ideally located to capture both passing trade and regulars from the immediate local area. We invested in this business around four years ago, so it is in excellent condition.

The site has the following:

Separate trading areas along with a large car park

Outside storage and a fantastic beer garden

Superb views from the rear raised terrace.

The Cross Keys welcomes diners, walkers, cyclists, or locals looking for a great pint.

From entering the front porch, a left-hand turn takes you into a bright modern lounge with many original features. Turning right, you enter a cosy bar area leading to an outside raised patio with stunning panoramic views of the Lincolnshire countryside. These views spread across the Wolds, meaning you can see the Lincoln Cathedral on the horizon on a clear day. The commercial catering kitchen is also on the ground floor, which serves the restaurant area.

Located at the top of the pretty Lincolnshire village of Grasby, the Cross Keys is just a few steps away from the Viking Way Walk, meaning it is popular with walkers needing a refuel. Grasby is three miles northwest of Caistor town and lies in the Lincolnshire Wolds, a designated Area of Outstanding Natural Beauty. Local attractions include Gunby Hall, Cadwell Park and Tattershall Castle.

Ideal Publican

You’ll excel when managing and controlling a large-scale food business whilst ensuring that regulars and locals in the bar are well-catered and cared for. The new operator will also ingratiate themselves into the community by getting involved and creating an atmosphere with an enticing rhythm of the week, keeping all entertained.

Private accommodation

This excellent business opportunity comes with two bedrooms, a living room, and a kitchen.

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

Want to find out more about this agreement? Click Here

Chat to a recruitment advisor now about this pub business opportunity.

Financial Information

Deposit
£7,250
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£99
Working Capital
£4,000 - £6,000
Street Check
Click here

Business Information

Annual Rent
£29,000
Forecasted Annual Wet Turnover
£198,309
Forecasted Annual Food Turnover
£182,196
Forecasted Annual Other Turnover
£5,722
Agreement
Flexible Tenancy

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