01283 501999
Refurbishment Planned

Fleece Inn

Fleece Inn, Highgate, Kendal LA9 4SX, UK
Ingoing:
£6,750
Facilities
  • Accommodation (Private)
  • 4 Spaces Car Park
  • 45 Covers Catering Kitchen
  • 2 Rooms Letting Rooms
  • Wifi

Overview

Looking to run a pub?

The Fleece inn (Kendal’s oldest pub) is located in the pedestrianised area of the town. Dating back to 1634, its small frontage hides a deceptively large trading area and great facilities including two stunning function rooms, a meeting room and a tea room/upstairs restaurant area.

This business opportunity also includes two fantastic self-contained cottages with parking, which are a great accommodation offer for this popular tourist area.

There is opportunity to make The Fleece the best pub in the South Lakes for visitors to experience warm hospitality, real fires, cask ales and great food, whether it is after a long bike ride, a Wainwrights walk or a shopping trip.

Refurbishment & business facilities

The pub’s main trading area is very large, and following our investment it will be separated into different seating areas. The service kitchen (downstairs) allows for prepping and there is there is dumb waiter between floors for easy distribution of food.

Upstairs, there is a tearoom overlooking the main street. There is also a function room to the rear which has a dancefloor, original features and would be a great space to host functions or additional restaurant space. It has a separate bar and is well situated near the upstairs kitchen

An additional function room on the same floor features a Juliette balcony. Traditionally decorated, it is the ideal place for club meets, corporate meetings and small weddings. There is also a meeting room on this floor.

To the side of the pub is the entrance to the two self-catering cottages for up to 4 guests each.

Accommodation

Your private accommodation would include two bedrooms and a kitchen and lounge

The local area

Kendal is a popular hot spot in the South Lakes, attracting locals from across the National Park for shopping and conveniences such as larger supermarkets etc. There is also a train and bus station.

The town hosts a number of annual festivals including the Mountain Festival in November which attracts thousands of outdoor enthusiasts.

The proximity to popular walks means lots of passing trade and the local cycling community is thriving  and the pub is a great base for meets.

This available pub may suit

This may suit an operator with some experience in running a pub business and excellent understanding of how to benefit from the visitors to the area. A keen interest in the region and outdoors and an understanding / links into the local community would be a huge advantage. Experience in organising events as well as running a letting room operation is beneficial, and the skills to market the pub to its best is important.

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
Working Capital
£2,000 - £4,000
Maintenance Fund Per Week
£40
Street Check
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