Overview

Looking to run a pub?

The Devon & Cornwall is a great community mainstream business that has grown over the last 5 years, combining wet sales with a good food offer and accommodation in the form of 5 letting rooms. There’s a strong sense of community in the village and the pub’s bar stools are full of locals at key times. Residents also show good support for events hosted by the pub.

Business facilities

This pub is an open plan trading operation, with a main drinking area and dedicated space for dining. The catering kitchen can provide for up to 28 covers at full capacity. The pub is Cask Marque accredited and offers the cosy ambience of an open fire. Upstairs, there are 5 letting rooms – 3 doubles and 2 family rooms. Outside, there’s a beer garden with a drinking patio and a covered area.

Accommodation

Your domestic accommodation would consist of one bedroom, a kitchen and a lounge. Punch will ensure that this accommodation is in good order.

The local area

Millbrook is a very social village on the Rame peninsula, about four miles from Saltash in South East Cornwall. It sits at the head of a tidal creek which was dammed in 1977, resulting in a pool and wetlands that are great for bird watching. The village has two other pubs and a football club, but the Devon & Cornwall gets more than its fair share of trade.

This pub may suit

We’re looking for someone who’s keen to be part of the local community, running the bar or kitchen as well as handling the business admin. You’ll need a clear idea of rhythms of the week and like live music. Local customers are keen on planned events.

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

 

 

 

Financial Information

Initial Deposit*
£6,000
Full Deposit
£6,000
Legal Fees
£750
Working Capital
£2,000 - £4,000
Fixtures & Fittings Weekly Rent
£82
Maintenance Fund Per Week
£40
Street Check
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Business Information

Annual Rent
£29,989
Forecasted Annual Wet Turnover
£297,136
Forecasted Annual Food Turnover
£44,214
Forecasted Annual Accommodation Turnover
£58,392
Forecasted Annual Other Turnover
£3,194
Weighted Discount Per Barrel
£131
Agreement
5 Year Tenancy

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