Gallery

Financial Information

Pub Deposit
£5,000
Private Accommodation Deposit
£1,500
Legal Fees
£375
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£80
Working Capital
£4,000-£6,000
Street Check
Click Here

Business Information

Annual Rent
£20,000
Forecasted Annual Wet Turnover
£228,702
Forecasted Annual Food Turnover
£104,183
Forecasted Annual Other Turnover
£7,865
Agreement
Flexible Tenancy

Overview

A Well‑Established Village Pub at the Heart of Codicote

The Globe is a traditional village pub on Codicote High Street, offering a warm and familiar atmosphere for locals and visitors. It has a strong food and drink trade, supported by parking at the rear and a beer garden with a covered seating area that can also be booked for small gatherings. Dating back to the 1860s, the pub keeps much of its original character while operating as a friendly and reliable local. This is a great opportunity for someone who wants to build strong links within a friendly village community.

Pub & Location

Inside, the pub has two main areas, one more suited to drinking and one more suited for dining, although guests can eat comfortably in either space. Two wood fires create a welcoming feel in the colder months. The long wooden bar is positioned at the entrance, making it easy for the operator to greet guests and manage service across both sides of the pub.

Codicote is a close‑knit Hertfordshire village with good transport links and access to nearby towns. The pub is located 5 miles south of Hitchin and 1.5 miles north of Welwyn, with St Albans 9 miles away. Knebworth station is 3 miles from the village and Stevenage is 5 miles, making the area well-connected.

Ideal Publican

This pub would suit someone confident running a village pub with a food offering. The ideal operator will be organised, attentive to detail, and comfortable planning regular activities and events that bring people into the pub throughout the week. They’ll understand how to make the pub feel central to village life while also keeping a close eye on the commercial side of the business.

Planned Refurbishment

Planned updates, subject to full approval, include internal and external redecoration, new flooring to parts of the bar area, and improvements to the existing wooden floor. The back bar will also be refreshed to add some modern touches while keeping the character of the building.

Accommodation

This opportunity comes with a private accommodation of three bedrooms, a kitchen and a lounge.

About the Agreement

At Punch, we support talented, ambitious entrepreneurs who want to run brilliant pubs at the heart of their communities. That’s why our agreements are designed to be flexible, supportive and built around your vision.

Our Flexible Tenancy gives you the freedom to run your own pub with confidence. A tied agreement of up to five years, where you’ll benefit from the drink products available to Punch which also offers flexible notice periods. We offer flexible deposits, tie‑release options, and pricing structures to help you shape your business in a way that works for you.

Where living accommodation is included with the pub, a £1,500 accommodation deposit will be required, together with a £300 pet cleaning fee where applicable. Options to build up the accommodation deposit may be available and will be discussed on a case-by-case basis.

Why Choose Punch?

When you partner with Punch, you’ll have an entire support system behind you, including:

  • A forward thinking pub company, recognised nationally with multiple industry awards including winners of the Publican Awards 2022 & 2024!
  • Potential investment to unlock your pub’s full potential
  • Industry leading training through our award winning Academy, complete with state of the art kitchens, bars and our immersive Progress with Punch training programme.
  • Access to our powerful online platform, the Punch Buying Club, where you can order stock and find resources to help you run your pub successfully.
  • Ongoing coaching from expert Operations Managers and specialist support teams.
  • Innovative digital learning through THIRST, our gamified online training app, offering compliance training through to driving sales training.
  • A commitment to “Doing Well, By Doing Good” by championing communities, wellbeing and sustainability at every step.

Curious about how this agreement could work for you? You will find our Partnering with Punch guide in the ‘Relevant Downloads’ section below.

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

Relevant Downloads

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