01283 501999
Refurbishment Planned

Inn On The Shore

Inn on the Shore, Downderry, Torpoint, UK
Initial Ingoings* :
£5,295
Exp. Earnings:
£39,090
Facilities
  • Accommodation (Private)
  • Beer Garden
  • 30 Spaces Car Park
  • Cask Ale
  • 100 Covers Catering Kitchen
  • 5 Rooms Letting Rooms
  • Outdoor Drinking Area
  • Wifi

Overview

Looking to run a pub?

The Inn on the Shore is a community mainstream pub with rooms that sits in a fantastic position on top of Downderry Beach looking out over the sea and towards Looe Island to the right and the Rame Peninsula to the left. Currently in need of full refurbishment, the potential here is clear. The USP of this pub is definitely its location, the amazing views of the Cornish coastline and the impressive number of covers that can be accommodated both inside and outside.

Business facilities

With three different entrance options, the Inn on the Shore offers something for everyone, being a locals’ bar with TV screens and a pool table and a real draw for diners seeking great food and views, as well as for guests looking for letting accommodation. The main bar area offers a number of tables for eating, a wood burner for the winter months and large sliding patio doors that lead out onto a large decked area at the rear of the pub. The dedicated dining space has a large picture window overlooking the sea and a double-sided wood burner. There’s also a conservatory, which leads out onto the deck. The catering kitchen can provide for up to 90 covers at full capacity. The pub offers 5 letting rooms, a large garden and parking for 30 vehicles.

Accommodation

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

Refurbishment

We’re planning substantial investment here to completely refurbish this pub. This will cover internal and external improvements, including the decking area, pub trade area and back of house areas, plus the letting rooms and private accommodation. We’ll also be replacing the existing conservatory.

About the local area

Downderry is a coastal village in South East Cornwall, about 18 miles west of Plymouth and 1 mile from Seaton beach. The pub sits right on the edge of a long beach of light shingle, which has rock pools at low tide. Dogs are allowed on the beach all year around.

This pub may suit

We’re looking for someone who has managed house experience and who has run a large seasonal food business before. Letting room experience would be a distinct advantage.

About the Contract

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

You only pay for:

  • Labour
  • Consumables
  • Internal Maintenance

* The calculation of the initial ingoing costs assumes a minimum deposit (£3,000 or £5,000) plus legal fees. The subsequent deposit build up can be paid over the term of the contract and up to £100 per week. This can be discussed with the Punch Development Manager

 

 

Business Information

Initial Deposit*
£5,000
Legal Fees
£295
Working Capital
£2,000
Maintenance Fund Per Week
£40
Forecasted Annual Wet Turnover
£280,903
Forecasted Annual Food Turnover
£360,100
Forecasted Annual Letting Rooms Turnover
£106,167
Forecasted Annual Machines Turnover
£3,800
Forecasted Annual Other Turnover
£11,353
Street Check
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Gallery

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