Overview

Could you run this pub?
The Hest Bank Hotel is one of the oldest pubs in Hest Bank, an affluent village on the outskirts of Morecambe and Lancaster. The pub sits on the edge of a canal, popular with boaters and tourists from caravan parks dotted along the coast as well as residents from across the local area.
This historical pub began trading in 1544 brewing ale and serving game. It was also occupied by Cromwell’s officers during the English Civil War and then later in 1792 The Innkeeper shot Highwayman Edmund Grosse, who was hung at Lancaster Castle and its history continued into the modern day.
It’s also recently been completely refurbished with a new look and feel suited to the pubs customers and area and we are now seeking a talented operator who can continue to drive a business which is known for its good food, cask beers, professional staff and service.

Accommodation
The pub offers one bedroom, a private kitchen and lounge.

Business facilities
This pub offers excellent trading space with two bar serveries – one in the snug area popular with locals and walkers, as well as a central bar which serves as the main bar for the dining spaces. There is a dining area to the front of the pub, as well as a cosy larger dining room full of character and original features as well as the garden room, which offers direct access into the beer garden and is popular for groups wanting some private space for their booking. In all, the pub has dining for up to100 covers, alongside space the popular beer garden al fresco area overlooking the canal and Morecambe Bay.

Accommodation
This pub has two bar serveries – one in the snug area popular with locals and walkers, as well as a central bar which serves as the main bar for the dining areas. There is a dining area to the front of the pub, as well as a cosy larger dining room full of original features as well as the Garden Room which has direct access into the beer garden and is popular for groups wanting some private space for their booking. In all, the pub has dining for 100 covers, in addition to the popular beer garden al fresco area overlooking the canal and Morecambe Bay.

About the local area
Hest Bank is a small village, not far from Lancaster and popular with local residents for regular meals and outings, as well as the popular Wednesday Quiz.
The wider catchment area includes the South Lakes, an area which draws tourism all year round, as well as Lancaster University’s Hall of Residence and Lancaster itself.
Seasonal trade comes from nearby caravan parks (proximity to Morecambe and the traditional seaside parks) plus canal boat trade during the warmer months as it is possible to moor at the pub’s beer garden.

This pub may suit
The ideal operator must have experience managing a premium food offer and the ability to adapt to seasonal demand and high volume when needed and always provide consistent high-quality service. This pub is a destination for varied customer base, which need to be considered and the business may also benefit from more interest in the local community’s activities will help to further develop the trade. Letting room experience may be an advantage as there is scope to offer this with an additional investment.

About the Agreement

Our Management Partnerships are a fantastic way to run a pub on a self-employed basis, but have the comfort and support of knowing that we are right beside you to guide you through this business venture

You’ll have the peace of mind knowing that the fixed costs associated with running a small business are not yours. Leaving you free to focus entirely on delivering a great retail offer to drive sales and profit.

What’s on Offer

  • Low cost entry
  • Self-employed
  • A ready-made pub with tried and tested food and drinks offers
  • 3-year agreement (3-month notice period) rent free
  • Most of the day to day running costs are covered by us
  • LOTS of support from Punch
  • Accommodation included
  • 5-day Induction course – free of charge is provided together with additional on-going training, a support package and a dedicated Operations Manager to help you develop your business

You only pay for:

  • Labour
  • Consumables
  • Internal Maintenance

* The calculation of the initial ingoing costs assumes a minimum deposit (£3,000 or £5,000) plus legal fees. The subsequent deposit build up can be paid over the term of the contract and up to £100 per week. This can be discussed with an Operations Manager.

Financial Information

Initial Deposit*
£5,000
Legal Fees
£295
Maintenance Fund Per Week
£40
Working Capital
£2,000
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