Overview

Could you run this pub?
The Shakespeare Inn, Hedon is a popular local community pub offering home cooked food and a decent pint in good company, in a relaxed friendly atmosphere. This Cask Marque accredited pub is a popular drinking pub and is also known for offering its great traditional food and offers potential to develop the food offer. We wish to continue to build on this success by appointing a publican who will ensure we deliver a great customer experience, making the Shakespeare the pub of choice for customers far and wide.

Business facilities
This pub offers open plan trading with designated areas for drinking & dining and during the colder months the real fire in the dining area is a most welcome sight. The catering kitchen is well equipped and can easily provide for the 36 covers which spill over into the outside drinking / dining area to the front of the business during the summer months. Externally we have parking for up to 24 vehicles and a smoking solution. Free Wi-Fi is available for customers use.

Accommodation
The private accommodation will include two bedrooms, a kitchen and lounge

About the local area
The town of Hedon is located five miles east of Hull city centre and is situated in the East Riding of Yorkshire. The population of Hedon is approx. 7000 with this business located in the heart of the residential area, close to the town centre amenities and surrounded by local older housing and small businesses. Due to its location the Shakespeare Inn is out of the towns circuit and offers a more relaxed experience for all to enjoy a good pint, great pub food and live TV and community events.

This pub may suit
The Shakespeare Inn is looking for a good “all rounder” publican who has passion for a good pint of cask ale, has a real appetite for traditional home cooked food and a genuine interest in sport. This business may suit a first time operator with food experience. Strong marketing skills would also be an advantage by attracting new custom by way of website and increased usage of social media platforms and you will enjoy offering events and promotions to attract your audience.

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
£6,250
Legal Fees
£750
Maintenance Fund Per Week
£40
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£25,000
Weekly Rent
£481
Forecasted Annual Wet Turnover
£270,680
Forecasted Annual Food Turnover
£84,218
Forecasted Annual Other Turnover
£5,417
Weighted Average Discount Per Barrel
£75
Agreement
Tenancy 5yr

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