Overview

Could you run this pub in Wyke Regis, Weymouth?

The Wyke Smugglers is a fantastic traditional pub in Wyke Regis, Weymouth.

Guests enjoy open fires and a warm welcome from a pub that offers something for everyone. The Wyke Smugglers is well-loved for karaoke, race nights, bingo, quizzes, games nights and discos. Guests also visit to watch live sports on the HD screens. You’ll take advantage of the spacious trading area with a large function room that could cater for 100 people. It’s a one-bar operation with a traditional feel, a sizeable beer garden and a smoking solution.

About the local area

Wyke Regis village sits in south Dorset, England. It’s part of the southwestern suburbs of Weymouth, on the northern shore of Portland Harbour and the south-eastern end of Chesil Beach. You’ll find Wyke 15 kilometres (9 mi) south of Dorchester, with a 5,500 population.

Ideal operator/s

We’re looking for a duo experienced at delivering a classic pub menu. You’ll place the Wyke Smugglers at the heart of the local Wyke Regis, Weymouth. Ideally, you’ll be a sports enthusiast, thriving when offering live sport and live entertainment.

Accommodation

The pub has spacious private accommodation with five bedrooms, a private kitchen and a lounge.

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 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 Operations Manager

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Financial Information

Initial Deposit*
£6,000
Full Deposit
£9,940
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£63
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£39,750
Forecasted Annual Wet Turnover
£548,190
Forecasted Annual Food Turnover
£78,220
Forecasted Annual Other Turnover
£4,158
Agreement
5 Year Tenancy

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