Overview

The Three Tuns is a family-friendly and traditional Cornish pub in the heart of St Keverne, on the beautiful Lizard Peninsula recently voted one of the best places to live in the UK by the Sunday Times.

Guests enjoy coffee and cake from 10am daily, with food available to order between 12noon and 9pm, seven days a week, and a special Sunday roast between 12noon and 3pm. Upstairs you’ll discover five newly-refurbished lettings rooms: three doubles, a king-size, and a family room, which all come with breakfast included.

The Three Tuns needs an operator passionate about beer and food quality, a local celebrity who can forge strong links with the local community. You’ll recruit, train, lead and inspire a high functioning team and be keen to host regular events, maximising all areas throughout the business. The pub needs a savvy and creative operator who will capitalise on the bed and breakfast rooms, spacious outside trading area and car park.

You’ll also source local produce and be knowledgeable about seasonal trading with the ability to be flexible in response to extreme variations in trading patterns.

The pub and local area

The Three Tuns is a picturesque and popular old stone pub within walking distance of pretty coves, including dog-friendly Porthallow and one of the best diving spots in the UK, Porthkerris.

The pub sits in the heart of the village with a strong food offering and fantastic rooms. It provides the ideal base from which holidaymakers can enjoy coastal Cornwall.

You’ll maximise the main trading area inside and secondary trading area externally. The bar and restaurant reside in a good-sized room with 60 covers. Outside, you’ll discover 60 covers with a spacious kitchen situated behind the bar. During the summer, guests enjoy the large beer garden at the rear with the attached field for secondary accommodation and glamping pods. There’s a good-sized car park for 20 cars and five en suite letting rooms. We’ve refurbished the trading area, letting rooms and outside trading areas.

St Keverne is less than five miles from Goonhilly Downs, a Site of Special Scientific Interest and part of the Lizard National Nature Reserve, home to many rare plants and flowers. It is also a 20-minute drive from the market town of Helston, home to the world-famous Flora Dance each May.

The village itself hosts the annual Ox Roast festivities on the first Saturday of August – a tradition not to be missed!

Accommodation

You’ll discover three bedrooms with a living room, kitchen, and a bathroom.

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 the business, we provide an uncapped cut of top line turnover to pay yourself and your team in exchange for your Management Company providing the management services at the pub – it’s your structure to own, subject to management company costs including, but not limited to, staff costs, minor repairs and maintenance at the pub, security/door staff and insurance. We understand how important it is for a Management Company 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!

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Financial Information

Initial Deposit*
£3,000
Working Capital
£2,000
Street Check
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Business Information

Forecasted Annual Wet Turnover
£260,000
Forecasted Annual Food Turnover
£338,000
Forecasted Annual Letting Room Turnover
£156,000
Agreement
Management Partnership

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