Overview

Could you run this pub in North Yorkshire?

The Union Inn is a well-loved community pub in the picturesque village of Norton which neighbours Malton on the banks of the River Derwent in North Yorkshire. This traditional market town pub is fitted with soft, cosy furniture and has a classic pub feel, offering a warm welcome to locals and those visiting the area. As well as being a fantastic place to enjoy a pint and meal with friends and family, the pub also has four attractive ensuite guest rooms used for bed and breakfast.

The pub is made up of a spacious bar area, games room and a snug lounge which regularly host a wide range of live entertainment. At the rear of the pub is a fantastic beer garden equipped with its own outdoor bar, the perfect place to enjoy a refreshing drink in the sunshine.  At the back of the pub is parking for up to 16 cars.

The Union Inn is best known for its live TV sport offering and is well established amongst locals as the place to be to enjoy all major sporting events. The pub is also home to numerous local, community indoor and outdoor sports teams. The Union Inn has a great reputation for serving quality cask ales and is cask marque accredited. There is exciting opportunity to enhance the food offering in the pub to take advantage of the well-equipped catering kitchen and the 30 covers throughout the pub.

Accommodation

This opportunity comes with the addition of private quarters including one bedroom and a private lounge

About the local area

The village of Norton is located in a semi-rural area of North Yorkshire and borders the market town of Malton, with the River Derwent separating the two. It is close to the main A64 tourist route through the region and is well-placed to appeal to anyone wishing to explore all the attractions of the stunning nearby North York Moors National Park. The Union Inn has great street presence, being located on the main road through the village of Norton so attracts both locals and tourists who are passing through and wanting to stay the night.

This pub may suit

The Union Inn will be perfect for a community driven Publican who is keen to build relationships with locals and thrive in an environment that benefits from tourist trade. The desire and skill to execute a quality menu in the pub is essential. You will need enthusiasm to maintain the pubs rich sports offer and a passion for cask ale is beneficial to continue to help this pub to thrive.

About the Agreement

Our Tenancy agreements vary offer a flexible approach to running your own pub business. Your pub will be ready to trade, with a carefully tailored drinks offering in place which you can evolve as you go along.

We’ll provide a high level of support giving you access to all the tools you need to make your business a success, from day one, including your own dedicated Operations Manager, access to exceptional training and development opportunities, as well as business planning, operations and accounting expertise for those less-than-glamorous bits of running a business.

Our five-day Punch Progress induction course will ensure you’re fully up-to-speed before you get started and from then on we’ll provide ongoing support to help you maximise the efficiency, sales and profitability of your pub

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
£6,750
Full Deposit
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£91
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£24,000
Forecasted Annual Wet Turnover
£325,214
Forecasted Annual Food Turnover
£6,435
Forecasted Annual Letting Room Turnover
£19,500
Forecasted Annual Other Turnover
£7,794
Weighted Average Discount Per Barrel
£131
Agreement
5 Year Tenancy

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