Overview

Could you run this pub in Cheddar?

The Kings Head is a beautiful country pub located in the backstreets of Cheddar in Somerset. It has a traditional look and feel, set in a 17th century thatched building with stone walls, open fires, and exposed beams. This is accompanied by a classic pub offer of cask marque accredited real ales, live music and weekly events like pub quizzes. The pub is truly a home from home for locals and a hidden gem that is yet to be found by tourists!

The Kings Head is divided into several rooms. It has a main bar that is popular among locals and is the heart of the pub. Next door to this is a snug lounge which is perfect for an intimate drinking experience. The pub also benefits from a games room with a pool table that could double up a function room. The Kings Head boats a beautiful decked courtyard that is covered so can be enjoyed all year round as well as a grassed beer garden and patio that is the perfect place to enjoy a pint in the sunshine.

About the local area

Cheddar is a picturesque town in Somerset. It has a real sense of community and beautiful scenery that attracts walkers tourists in the summer months. The Kings Head is nestled in the backstreets of the town, in a peaceful setting but just a stones throw from the hustle and bustle of the town.

Ideal operator

This is the perfect opportunity for a Publican who thrives when operating at the heart of the community. You will pride yourself on creating a welcome environment and build long lasting local relationships. You will have an understanding of what makes a great community pub, providing an offer that locals love whilst working hard to bring new guests through the doors.

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*
£6,000
Full Deposit
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£17
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£23,810
Forecasted Annual Wet Turnover
£232,322
Forecasted Annual Other Turnover
£6,292
Weighted Average Discount Per Barrel
£75
Agreement
5 Year Tenancy

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