01283 501999

Bounty Inn

81 Bounty Road Basingstoke RG21 3BZ
Initial Ingoings*:
£6,750
Rent:
£750 pw
Facilities
  • Accommodation (Private)
  • Beer Garden
  • Cask Ale
  • 20 Covers Catering Kitchen
  • Function Room
  • Live Entertainment
  • Live Sports
  • Outdoor Drinking Area
  • Team Games
  • Wifi

Overview

Could you run this pub?
The Bounty Inn, Basingstoke is a traditional 1830’s Cask Marque community pub with an interesting history and is in a great position just a short walk from the town centre. Its well known for its cask and craft beers and offering great traditional pub food and there is potential for a operator with great personality to create a fantastic drink and bar food destination for the locals and visitors to the area.

Business facilities
The trading space offers two bar areas, served from one main bar (offering space for up to 20 covers overall). With one space giving access to an enclosed south facing beer garden area with additional space for the warmer months. The pub also offers a kitchen, parking for up to 4 vehicles. Live TV Sport and WiFi.

Accommodation
The pub offers one bedroom a private kitchen and lounge.

About the local area
This pub sits just a short distance from the centre of Basingstoke town centre, nearby an established residential area. The pub is nearby many businesses alongside Fairfields Primary School and Basingstoke & North Hants Cricket Club. The area is also famously known for Highclere Castle which is the backdrop to Downton Abbey.
There is plenty of good public car parking nearby, plus Basingstoke has good communication links with a main line railway station and M3 about 2 miles away. The area offers easy access to London.

This pub may suit
This pub might suit a first time publican as it is a traditional drinks led business but there is also potential to develop the food business to its best offer great quality bar food. You will be able to create a warm welcoming environment, with ideas to appeal to your customers.

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 Punch Development 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 Punch Development Manager
installments

 

Financial Information

Initial Deposit*
£6,000
Full Deposit
£9,750
Legal Fees
£750
Maintenance Fund Per Week
£40
Working Capital
£2,000 - £4,000
Street Check
Click Here

Business Information

Weekly Rent
£750
Forecasted Annual Wet Turnover
£336,819
Forecasted Annual Food Turnover
£110,110
Forecasted Annual Other Turnover
£5,035
Weighted Average Discount Per Barrel
£131
Agreement
Tenancy 5yr

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