Overview

Could you run this pub in Caernarfon 

The Goat is a well loved community pub nestled in the Welsh village of Penygroes in Caernarfon. It has a traditional and cosy feel, with a warm wooden panelled bar, comfortable upholstered seating and unique pub accents that give the pub plenty of character. It is a true hub for locals to come together, with a range of quality drinks and a great sports offer, with it being home to a number of local teams, including darts and pool, and a number of screens showing Sky Sports. As well as this the pub is popular for its events, in particularly live entertainment nights and pub quizzes. 

The Goat has a large horseshoe shaped bar, with one side surrounded by tables and comfortable seating, making it the perfect place to enjoy a relaxed drinking experience. Around the other side of the bar is the games room and more seating. The Goat also benefits from a function room with space for up to 50 guests. This area also hosts darts competitions, with four darts boards and a large TV screen. The Goat has a large catering kitchen, which can be utilized to introduce a delicious food menu. The Goat also boasts an outdoor courtyard which is the perfect place to enjoy a pint with friends.  

About the local area  

Penygroes is a little village in Gwynedd near Caernarfon. Caernarfon is a bustling market town with plenty of popular attractions including a busy port, with places to eat and drink, and its remarkable castle. As well as this the town boasts beautiful views over Menai Strait and is nearby to plenty of sandy beaches. The Goat is at the heart of Penygroes, allowing it to easily welcome locals through its doors. 

Ideal operator 

This is the ideal pub opportunity for an enthusiastic Publican who thrives when operating a community pub. You will place locals at the heart of everything you do and have a passion for the area. You will have the ability to develop an offer you know locals will love, specifically sports, and be able to market this effectively. 

Accommodation

This fantastic pub opportunity comes with spacious 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*
£3,000
Full Deposit
£3,002
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£4
Working Capital
£2,000 - £4,000
Street Check
Click Here

Business Information

Annual Rent
£12,007
Forecasted Annual Wet Turnover
£195,714
Forecasted Annual Other Turnover
£1,352
Weighted Average Discount Per Barrel
£181
Agreement
3 Year Tenancy

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