Overview

Could you run this pub in Cornwall?

The Engine Inn, Cornwall is well located just on the main road into Penzance. It commands some of the best views across the Cornish Peninsular and with a large outside area and children’s play facilities it’s an ideal family pub on a hot summers day. In the winter the pub becomes a classic warm and friendly, traditional Cornish pub with three large wood burning stoves adding warmth and comfort. The pub has two lovely letting rooms in the converted stable block to the side of the pub with the views across the country side; perfect for a short break. The pub is well supported by the local community in the winter and they are joined by the tourists in the summer. Food is the big draw and would suit someone from this background as the whole area around St Ives is very popular with foodies!

The trading area is open plan with 25 covers for food in addition to the drinking tables and stools. Built from traditional granite the interior is full of history and local imagery with a unique bar built from old chests of drawers. There are four real ales on at any one time and the pub has hosted real ale festivals and events. There is a large fire in the trading area and an additional two wood burners to make sure that warm winter feeling can be created. Outside is a very large patio area with grass beer garden and children’s playground to accommodate busy summer days.

About the local area

The pub is located on the road between St Ives and Penzance and has good passing trade as well as many small villages in the immediate area. The route is popular with cyclists, motor bikers and tourists in the summer who enjoy the scenery which can really be appreciated from this pub. St Ives is home to many artists and the Tate gallery with Mount St Michael and Penzance only 15 mins away.

Ideal Operator

The pub has a small letting operation; however, the real focus is on food during the summer and ales all year round. It appeals to visitors and locals alike. This could be an opportunity for someone in a similar business to relocate.

Accommodation

Your domestic accommodation will include three bedrooms, a kitchen and lounge.

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 offer flexible deposit options, 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 & 2024!

  • 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
£10,063
Legal Fees
£375
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£49
Working Capital
£4,000 - £6,000
Street Check
Click Here

Business Information

Annual Rent
£40,250
Forecasted Annual Wet Turnover
£265,215
Forecasted Annual Food Turnover
£130,039
Forecasted Annual Letting Room Turnover
£40,343
Forecasted Annual Other Turnover
£4,238
Agreement
Flexible Tenancy

Relevant Downloads

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