A Well‑Known Local Ready for a Full Transformation

Take on a community pub with strong local support and real potential in Penrith

Planned Investment

A full refurbishment is planned, subject to full approval, which Punch are keen to complete with the successful applicant. The plan is to include internal and external upgrades, including new fixtures and fittings, alongside extensive works to the private accommodation.

Once complete, the Grey Goat will look and feel like a new pub, giving an incoming operator the chance to relaunch a modernised outlet while retaining its local character.

The Pub

The Grey Goat is a well‑established community pub with a loyal local following. Internally, the pub is split into two main trading rooms. One offers more of a lounge feel, while the second is dedicated to sports and games, with pool and darts teams based at the pub and screens for live sport.

Outside, there is a yard area with a smoking solution, providing additional customer space. The layout supports a drinks‑focused, social offer with a strong emphasis on teams, sport and being at the heart of the community.

Location

Situated in Sandgate, just outside Penrith town centre, the Grey Goat sits within a residential area and benefits from regular local trade. The pub is within walking distance of the local market town and the Castle which benefits from the year-round tourists visiting the area.

Ideal Publican

This opportunity would suit an enthusiastic, customer‑focused publican looking for a well‑loved pub with untapped potential.

Local knowledge is preferred but, more importantly, we are looking for someone who is experienced in creating a welcoming community pub. Someone who enjoys building strong local connections through charity involvement, sport, teams and entertainment, while delivering good service and standards, will thrive here. Confidence using social media to promote the pub and its relaunch will be a real benefit.

Accommodation

The pub includes three bedrooms, along with a private kitchen and lounge, all of which will be fully upgraded as part of the planned refurbishment.

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.

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.