01283 501999

Goat

Goat Ffordd Yr Orsaf, Penygroes, Caernarfon LL54 6NW
Initial Ingoings* :
£6,750
Rent:
£222 PW
Facilities
  • Accommodation (Private)
  • Beer Garden
  • 5 Spaces Car Park
  • Cask Ale
  • 50 Covers Catering Kitchen
  • Function Room
  • Live Sports
  • Team Games
  • Wifi

Overview

Looking to run a pub?

The Goat is nestled in the Welsh village of Penygroes and is very popular with the local community. This community value pub is home to a number of darts and pool teams. Used mainly for drinking, pub teams, entertainment and quizzes, the pub offers a number of large TV screens and shows Sky Sports.

Business facilities

The Goat is well equipped for catering to local sports enthusiasts. The front bar offers loose tables and seating, a large TV screen and a darts board, while around the other side of the horseshoe-shaped bar there’s a pool table room and a further seating area, with approximately 60 casual seats throughout. At the back of the pub is a further room, which can be used as a self-contained function room with up to 50 seated covers. This room is currently used for darts competitions and houses four darts boards and a large TV screen. Although the Goat is currently wet only, there is a large catering kitchen, which could easily service a food offer. The pub provides free WiFi and a smoking solution.

Accommodation

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

About the local area

Penygroes is a village in Gwynedd in Wales, situated just off the main A487 road though the area, to the south of Caernarfon. There’s a local population of about 3,000 residents within a 1.5-mile radius of the pub, most of which are families and retirees. Many locals are Welsh-speaking.

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

 

Ideal for someone familiar with the local area, who can capitalise on the existing offer and further enhance sales by promoting functions and developing a food offer.

 

 

Business Information

Initial Deposit*
£6,000
Legal Fees
£750
Weekly Rent
£222
Working Capital
£2,000 - £4,000
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£24
Forecasted Annual Wet Turnover
£239,448
Forecasted Annual Food Turnover
£10,833
Forecasted Annual Other Turnover
£2,860
Weighted Average Discount Per Barrel
£131
Street Check
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