Overview

Could you run this pub?

The Rose & Crown,  situated in the village of Balderton is a traditional-looking community pub which is a true locals’ favourite. The business is drinks led and the pubs Cask Marque accreditation appeals to its cask ale lovers, while live TV sports attract sports fans. There’s a clear opportunity to develop business, with a fabulous and evolving drinks offer and quality events and entertainment.

It has a loyal band of regular drinkers and benefits from having another local pub nearby.

Business facilities

The pub also offers a uniquetrading space with a front and back bar with a  Skittle alley at the rear which proves to be a popular attraction for regulars at the pub, as well as local teams. Outside, there’s a grassed beer garden space to enjoy the warmer months, and a smoking solution. the pub also offers pool, Live TV Sport and WiFi.

Accommodation

The private accommodation consists of two bedrooms, a kitchen and a lounge.

About the local area

The Rose & Crown is situated on a central route through the large village of Balderton, about a mile south-east of Newark town centre. Balderton is one of the largest villages in Nottinghamshire and Main Street offers a variety of local amenities, including a Post Office and a Tesco Express supermarket that is almost directly opposite the pub. There are also  residents living nearby within easy walking distance.

This pub may suit

This would be the perfect business for someone with local knowledge and a passion for cask ales and quality drinks, who also has a desire to help this pub become the hub of the community. This is a great opportunity to put your stamp on what is a vibrant local pub.

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
£6,625
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£34
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£26,500
Weekly Rent
£510
Forecasted Annual Wet Turnover
£249,846
Forecasted Annual Other Turnover
£5,027
Weighted Average Discount Per Barrel
£131
Agreement
Tenancy 5yr

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