01283 501999
Refurbishment Planned

Bolton Hotel

Bolton Hotel, New Rd, Brixham TQ5 8LT, UK
Initial Ingoings* :
£3,295
Exp. Earnings:
£35,591
Facilities
  • Accommodation (Private)
  • Cask Ale
  • 50 Covers Catering Kitchen
  • 9 Rooms Letting Rooms
  • Live Entertainment
  • Outdoor Drinking Area
  • Wifi

Overview

Looking to run a pub hotel?

Sitting in a very prominent position in Brixham town centre, the Bolton Hotel is a high street premium proposition in the making. There’s plenty of potential here, but the pub is currently well-worn and in need of some attention. We’re planning a transformational investment to create a brand new trading operation – bringing the huge commercial kitchen back into use and attracting a new customer base to this splendid listed building with beautiful Georgian windows. Dramatically upgrading a suite of letting rooms on the second floor will be a second phase of investment.

Business facilities

The trading area at the Bolton is a very large, open plan L-shape room wrapped around a central bar, with large Georgian windows letting in plenty of light, making the space airy and adding grandeur. When the spacious commercial kitchen is put back into full use for the incoming operator, it will be able to provide for up to 50 covers at peak times. There are currently 7 letting rooms on the second floor, which could be suitable in their current state to be offered to seasonal workers as short-term accommodation. Outside, there’s a small courtyard garden, which currently functions only as a smoking area. Space in Brixham, as with most harbour towns, is at a premium, so more could be made of this by the right operator.

Accommodation

The domestic accommodation consists of four bedrooms, a kitchen and a lounge. Punch will ensure that this accommodation is in good order.

Refurbishment

We’re planning substantial investment to completely overhaul the exterior and ground floor of this pub to create a brand new venue for local residents and visitors to Brixham. This will include creating an exciting new concept within the pub, which offers areas of cosy booth seating, relaxed informal dining and plenty of quirky decorative features. New signage will be installed, potentially even with a name change. In a second phase of earmarked investment, we’ll transform the existing 4-bedroom domestic accommodation and 7 letting rooms into a spacious 2-bedroom apartment for the operator and 9 fully upgraded en-suite letting rooms.

About the local area

The road network to and from Brixham continues to undergo much investment and improvement, attracting new housing developments and facilities and greatly reducing the commute time to Devon’s county town of Exeter. The harbour town of Brixham itself sits within the well-known holiday area of Torbay. Plenty of tourists visit the area, moving between all of the major towns along the south Devon coast during their stay.

This pub may suit

The ideal operator for this pub will have plenty of experience, passion and vision – not only for the immediate business opportunity of creating something very special for Brixham but also for the longer term plan of the 9 upgraded letting rooms. You’ll need to be able to deliver consistently high standards and be able to make a difference with your food offer.

About the Agreement

Our retail contract is a fantastic way to run a pub on a self-employed basis, but have the comfort and support of knowing that we are right beside you to guide you through this business venture

You’ll have the peace of mind knowing that the fixed costs associated with running a small business are not yours. Leaving you free to focus entirely on delivering a great retail offer to drive sales and profit.

What’s on Offer

  • Low cost entry
  • Self-employed
  • A ready-made pub with tried and tested food and drinks offers
  • 3-year contract (3-month notice period) rent free
  • Most of the day to day running costs are covered by us
  • LOTS of support from Punch
  • Accommodation included
  • 5-day Induction course – free of charge is provided together with additional on-going training, a support package and a dedicated Punch Development Manager to help you develop your business

Business Information

Initial Deposit*
£3,000
Legal Fees
£295
Working Capital
£2,000
Maintenance Fund Per Week
£40
Forecasted Annual Wet Turnover
£260,008
Forecasted Annual Food Turnover
£57,633
Forecasted Annual Letting Rooms Turnover
£5,839
Forecasted Annual Machines Turnover
£3,720
Forecasted Annual Other Turnover
£5,040
Street Check
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