Overview

We are looking for someone who has experience running a busy, destination food pub to take The Three Bishops to the next level.

This is a pub with a fair amount of complexity owing to the fact that it is an amazing pub with a knockout garden, and has five bedrooms – so there are many different facets to the business for the right person to get their teeth into.

Experience of working in a very seasonal business is vital, being able to demonstrate the ability to flex the team up and down depending on numerous factors including weather, season and events.

Fantastic food and knock out service are the cornerstone of this business. This can only be achieved with a real team effort so infectious enthusiasm and inspirational leadership will be second nature to you.

Experience of working on the Isle of Wight is advantageous but not essential, as you will be at the heart of island and village life and be proud of the tight knit community you serve.

Delivering a Rhythm of the Week beyond the norm is also important, as attracting customers throughout the year is key to the long-term success of the business.

The Pub

The Three Bishops is located right in the heart of the small village of Brighstone in the South West of the Isle of Wight, around half a mile from the Heritage Coast which is designated a Site of Special Scientific Interest and is incredibly popular with walkers, hikers and fossil hunters.

The pub had significant development in Spring 2020 with five letting rooms added, two of which have their own private garden, along with a breakfast room. The bar and dining areas also benefited from investment, with the customer facing area receiving a new lease of life.

The pub has a large car park to the rear, together with a beautiful, south facing garden with children’s play area.

The Partnership – Fixed

Ready to run your own business, manage your own team and define your own wage structure? Love working closely with an Operations Manager to build an incredible pub legacy with uncompromising standards and stand out guest experience? Then the Punch Managed Partnership is the perfect option for you.

Alongside tonnes of day to day support and a brilliant framework to grow your business, we give you an uncapped cut of top line turnover to pay yourself and your team – it’s your structure to own. We understand how important it is for the pub operator to completely own their own team.

In our Partnerships, we love pub obsessed entrepreneurs that help us lead the industry. We love to partner with people that help us create pub legacies that stand the test of time and become the hub of their community. We get that every pub has its own distinct character, so your Operations Manager will work closely with you to understand the true identity of your business, we can then help support you amplifying this, it’s a partnership after all!

The Opportunity

The Three Bishops gives you the opportunity to live on the stunning Isle of Wight, minutes from the beach, complete with amazing views looking over the Channel.

Have you got what it takes to make the Three Bishops not only the food destination pub in this neck of the woods, but also centering it in the middle of the community, demonstrating that the pub is the hub?

The Development / What would this pub look like if it was epic 

The internal foundations are already here for you to build upon. This beautiful property has the space, look and layout to achieve epic things.

It’s the detail that will make such a difference and simple touches such as clearly defining the service style and stamping your personality on the business to give life and ambiance.

 

Financial Information

Initial Deposit*
£5,000
Full Deposit
£12,097
Legal Fees
£295
Maintenance Fund Per Week
£40
Working Capital
£2,000
Street Check
Click Here

Business Information

Forecasted Annual Wet Turnover
£255,087
Forecasted Annual Food Turnover
£187,633
Forecasted Annual Accommodation Turnover
£76,440
Forecasted Annual Machine Turnover
£3,000
Foreorcasted Annual Other Turnover
£6,500
Agreement
Management Partnerships

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Pub Location

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