Overview

Could you run this pub in Malton?

The Gate Inn is ideally located in Yorkers gate in Malton. We have exciting plans to transform this pub through investment and relaunching as a tap & brewhouse.  The pub has a spacious and open plan feel which will be retained in the investment with a single bar to serve the entire pub, providing guests with a unique and intimate pub experience. With the right person at the helm The Gate will become the talk of the high-street with a quality craft & cask ale offer.

Refurbishment

It will receive a full internal and external refurbishment to achieve a contemporary look and feel to compliment its exciting new offer

About the local area

Malton is a historic market town, famous as Yorkshire’s food capital. It boasts regular food festivals, monthly food markets, and locally owned artisan food shops. The town centre also has independent shops neighbouring popular high street favourites. This traditional town also boasts the accolade of being voted one of the best places to live in Britain by The Sunday Times two years running.

Ideal operator

This is the perfect pub opportunity for a cask ale and craft enthusiast with a strong marketing background. You will have the ability to recruit, train and develop a brand new team for this newcomer on the high street and have the skill to successfully provide an offer that both locals and visitors will love.

Accommodation

This fantastic pub opportunity comes with domestic accommodation that consists of three bedrooms, a private kitchen and 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

Financial Information

Initial Deposit*
£6,000
Full Deposit
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£231
Working Capital
£2,000- £4,000
Street Check
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Business Information

Annual Rent
£23,000
Forecasted Annual Wet Turnover
£247,569
Forecasted Annual Food Turnover
£13,085
Forecasted Annual Other Turnover
£5,200
Weighted Average Discount Per Barrel
£131
Agreement
5 Year Tenancy

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