Overview

Could you run this Plymouth pub?

Step into the role of pub operator at the historic Devon & Cornwall Inn in the picturesque village of Millbrook. This 17th-century inn boasts traditional features such as stone floors and an open fire, making it a beloved community centrepiece. But we’re not just looking for someone to maintain the status quo – we want an innovative and dynamic operator and entrepreneur to take the pub to the next level.

We have an investment planned outside with festoon lighting, heating and new garden fixtures and fittings. We’ll connect the side passage to the garden and upgrade the furniture and fixtures for maximum curb appeal. And speaking of curb appeal, we’ll open up the fenced area to tantalise potential guests.

If you’re up for the challenge, you’ll have access to a large open-plan trading area for over thirty guests and a rear garden that can seat forty. You’ll also maximise the potential of five lovely en suite letting rooms. They’re perfect for weddings and visitors to the area.

Ideal operator

We’re not just looking for hospitality experience. We want someone tech-savvy, managing the online booking systems and bringing the pub to life on social media. You’ll be passionate about live music, events, and sports. You’ll also excel running letting rooms and have high service standards and a keen eye for detail.

Private accommodation

There’s a bedroom, a private kitchen, and a lounge.

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 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 Operations Manager

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Financial Information

Initial Deposit*
£6,000
Full Deposit
£9,125
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
TBC
Working Capital
£6,000 - £8,000
Street Check
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Business Information

Annual Rent
£36,500
Forecasted Annual Wet Turnover
£278,397
Forecasted Annual Food Turnover
£44,335
Forecasted Annual Rooms Turnover
£72,800
Forecasted Annual Other Turnover
£4,437
Agreement
5 Year Tenancy

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