Overview

Could you run this pub?
The Royal Standard is really charming pub located in the centre of historic Beverley and is a Grade II listed building right within the heart of the Georgian Quarter, surrounded by pretty housing and small local businesses.
The pub the has recently benefited from an investment to the interior and offers a warm and welcoming, traditional interior with additional seating externally to the front of the pub and also in the courtyard for its customers to enjoy.
This business attracts cask ale lovers, nearby residents, racing goers visiting Beverley racecourse and tourists as it’s a fabulous drinking and social spot in the area.

Business facilities
The Royal Standard offers some great facilities including separate bar and lounge trading areas linked by a side corridor and serviced by a central bar. Located to the rear of the business is a cosy courtyard which facilitates external drinking and a smoking. During the summer months we can also take advantage of the pavement licence (subject to local council renewal terms).

Accommodation
The pubs private accommodation includes three bedrooms, a kitchen and lounge.

About the local area
The Royal Standard is located in historic Beverley Town centre, this grade II listed building has retained many charming features and is a real gem of a pub.
Beverley Minster and of course Beverley racecourse are the main two immediate tourist attractions locally and it is a lovely spot to meet for daytime and evening drinks.

This pub may suit
You will be a Publican with personality who is passionate about delivering excellent service & quality standards, ensuring locals and tourists alike are given a “home from home” warm welcome. A genuine interest in cask ale and sports is required in addition to creating a rhythm of the week/ relevant events that appeal to the clientele ensuring the Royal Standard is the pub of choice.

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
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£47
Working Capital
£2,000
Street Check
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Business Information

Annual Rent
£17,000
Weekly Rent
£327
Forecasted Annual Wet Turnover
£211,290
Forecasted Annual Other Turnover
£3,042
Weighted Discount Per Barrel
£75
Agreement
5 Year Tenancy

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