01283 501999
Refurbishment Completed

Castle Inn

The Castle Inn, 7 Wistowgate, Cawood, Selby YO8 3SH, UK
Initial Ingoings* :
£6,750
Rent:
£385 PW
Facilities
  • Accommodation (Private)
  • 25 Spaces Car Park
  • 50 Covers Catering Kitchen
  • Live Sports
  • Outdoor Drinking Area
  • Team Games
  • Wifi

Overview

Looking to run a  pub?

The Castle has established a long and lasting reputation for quality food, and this gives ample opportunity for development. However, it’s important to offer classic everyday pub dishes too – the retail offer needs to balance an excellent menu with an authentic week-round pub experience. The pub also boasts 18 caravan pitches to the rear of the property, which attracts a huge amount of additional business in summer.

Business facilities

Comprehensively refurbished in early 2016, the Castle Inn is an open plan trading operation, with a public bar that’s home to an open fire as well as a large-screen TV and a darts throw. The main dining area includes an attractive conservatory, with 50 covers available throughout the trading space. The large catering kitchen benefits from brand new equipment. Outside, there’s an alfresco dining space to the side of the pub, along with a smoking solution, and parking spaces for 25 vehicles.

Accommodation

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

About the local area

Cawood is an affluent village located a few miles from Selby; 1,100 adults live here, with 34,000 within a 15-minute drive. Formerly the residence of the archbishops of York Minster just over 10 miles away, Cawood boasts plenty of history. York is easily accessible via the A19 and the city – and the annual Cawood craft fair – are the main attractions for the caravanners who pitch up behind the Castle every year.

This pub may suit

This multi-faceted business may be best managed by a couple with catering skills, who can attract visitors during the week as well as for occasion dining. Marketing and social media skills are essential.

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

Business Information

Initial Deposit*
£6,000
Legal Fees
£750
Weekly Rent
£385
Working Capital
£2,000 - £4,000
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£97
Forecasted Annual Wet Turnover
£150,462
Forecasted Annual Food Turnover
£133,484
Forecasted Annual Letting Room Turnover
£12,393
Forecasted Annual Other Turnover
£5,805
Weighted Average Discount Per Barrel
£75
Street Check
Click Here

Relevant Downloads

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