Overview

Could you run this pub in Beverley?  

The Royal Standard is a charming pub located at the heart of the historic Beverley. Set in a beautiful Grade II listed building guests are promised an authentic pub experience in a welcoming environment. The Royal Standard is a real gem of a pub known for its quality drinks, including cask marque accredited ales. The pub has recently benefited from an investment that enhanced its traditional look and feel whilst retaining many of its charming original features 

The Royal Standard boasts a cosy bar area and a lounge which are separated by a central bar. Both rooms have a warm feel, with original beams, exposed brick and plenty of comfortable seating. The pub also benefits from an outdoor courtyard which is always full in the summer months. 

About the local area  

Beverley is a bustling market town that is steeped in history. It has lovely cobbled streets, stunning landmarks such as the Minster and plenty of independent shops and places to eat and drink. The Royal Standard is located in historic Beverley Town centre, right in the heart of the Georgian Quarter. It is nestled among housing and small local businesses, allowing it to easily welcome both locals and those who come to explore Beverley through its doors. 

Ideal operator 

This is the perfect pub opportunity for an enthusiastic Publican who thrives when operating at the heart of the community. You will be passionate about delivering a quality, personal service, ensuring locals and tourists alike feel at home. The pub attracts cask ale lovers, so a keen interest in cask ales is crucial. You will also have the ability to deliver a consistent entertainment offer in the form of quiz nights, charity events and themed nights which will bring locals together and maintain the pubs reputation as a place for all the family to enjoy.

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
£26
Working Capital
£2,000 - £4,000
Street Check
Click Here

Business Information

Annual Rent
£15,000
Forecasted Annual Wet Turnover
£208,009
Forecasted Annual Other Turnover
£2,838
Weighted Discount Per Barrel
£75
Agreement
5 Year Tenancy

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