Overview

Could you run this pub in Rye?
The Old Bell, is a 15th Century high street pub which sits within a historic part of Rye, and it has an interesting history, with its name originating from Ryes history. When in 1377 a French raid resulted in the theft of the bells from St Marys Church and a town fire.
This charming pub has some great features and is one of the few pubs with a large outside area (40 covers) and is known for offering a locally sourced food offer, a great drinks selection, Cask Marque ales and a cosy and quaint interior with beamed ceilings and traditional features. A great attraction for both those living in the local area and those visitors that are passing by soaking up the history of this beautiful part of East Sussex.

Business facilities
This is a historical pub and has a quaint and characterful interior. It’s an open plan pub and has a main bar and trading space (with room for 32 covers) with WIFI and a kitchen to the rear. It also offers a fantastic and spacious outside area (to the right of the pub) for customers to enjoy the warmer days ahead, and a smoking solution.

Accommodation
There is no private accommodation at this pub.

About the local area
Rye is a historical town in East Sussex with a small port and just two miles from the sea, and the Rye sits at the heart. It’s known for its rich smuggling history and offers beautiful streets full of unique shops, inns and cafes making it a huge draw for Londoners and those from further afield seeking a relaxing break.

This pub may suit
You will have a passion for the area and a clear understanding of the market in Rye. A full vision of how the pub will operate with tourists in mind but as encompass more local customers. You will have a clear vision for the food offer and know how to market this pub to its very best and deliver excellent and consistent standards.

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 a 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 an Operations Manager.

Financial Information

Initial Deposit
£6,000
Full Deposit
£6,622
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures & Fittings Weekly Rent
£24
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£26,487
Forecasted Annual Wet Turnover
£181,600
Forecasted Annual Food Turnover
£78,273
Forecasted Annual Other Turnover
£5,187
Weighted Average Discount Per Barrel
£75
Agreement
5 Year Tenancy

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