Overview

Could you run this pub in Newquay?

The Pheasant Inn is a well-established community pub in the idyllic location of St. Newlyn East, Newquay. The pub has recently undergone a tasteful refurbishment giving it a premium pub feel, with traditional slate flooring, warm furnishings, and beamed ceilings.

It’s well-loved by locals as a true hub for the community. Locals visit it regularly, whether for an after-work drink to regular events hosted by the pub.

The pub has two entrances, the main entrance at the front of the pub and another to the rear that is accessible via the car park. As you enter the front door, you arrive at the dining area leading to the bar with additional seating. You’ll discover an overflow dining area up a few steps, which you could use as a pool room. The pub boasts a beer garden at the back with fantastic coastal and country views where customers can enjoy alfresco-style dining outside. Alternatively, they can relax in one of three dining huts or enjoy a cold drink in the sunshine. The pub also has a terraced area at the front with picnic-style seating and parasols.

This fantastic pub opportunity comes with domestic accommodation that consists of two bedrooms, a private kitchen and lounge and a car park to the rear for around twenty cars.

The open plan trade area consists of thirty covers restaurants to the front of the pub, leading into an L-shaped bar area with premium drink offerings. To the rear of this area is a cosy dining snug area that you could use for additional dining or as a pool room area.

About the local area

The Pheasant sits in the relaxed village of St. Newlyn East on the north Cornish coast, five miles from Newquay and nine miles to the City of Truro. It’s also ideally located close to the beautiful beaches of Perranporth, Holywell Bay and Crantock. Large holiday parks in the vicinity include Monkey Tree, Hendra and Trevornick. You’ll also find the tourist attractions of Lappa Valley and Dairyland locally, driving footfall into the pub.

Ideal operator/s

You’ll be an experienced Publican with a strong catering background. You’ll also love running a premium community pub in Cornwall.

You will have the skill to deliver a varied seasonal offer with strong marketing knowledge to keep the Pheasant Inn on the map. You’ll drive beer sales and provide a fantastic food menu. Locals will love your weekly offering.

Accommodation

You’ll find two bedrooms, a private kitchen, and a lounge.

About the Agreement

We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.

Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible deposit options, with build ups from as little as £1,000 as well as flexible price bands and release fees which are available.

Whatever the agreement, with Punch you always get:

  • A progressive pub company – winners of the Publican Awards 2022!
  • Industry leading investment with a whole world of possibilities
  • Industry leading training, with our Academy and Kitchen
  • Industry leading e-commerce platform – Punch Buying Club
  • Expert coaching and advice every step of the way

* The calculation of the initial Ingoing Costs assumes a minimum deposit, £1,000 & 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

Want to find out more about this agreement? Click Here

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Financial Information

Initial Deposit*
£1,000
Full Deposit
£9,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£113
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£36,000
Forecasted Annual Wet Turnover
£307,703
Forecasted Annual Food Turnover
£130,302
Forecasted Annual Other Turnover
£5,772
Agreement
Flexible Tenancy

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