01283 501999

Lamb At Edgemond

Lamb At Edgemond 29 Shrewsbury Road, Edgmond, Newport, TF10 8HU
Initial Ingoings* :
£5,295
Exp. Earnings:
£37,669
Facilities
  • Accommodation (Private)
  • Beer Garden
  • Cask Ale
  • 110 Covers Catering Kitchen
  • Childs Play Area
  • Function Room
  • Live Sports
  • Team Games
  • Wifi

Overview

Looking to run a pub?

The Lamb Inn, Edgmond is a beautiful village pub which offers great facilities in a lovely rural setting. The pub has a great reputation for home-cooked pub food and attracts residents of the surrounding villages alongside the wider area. It’s also within easy driving distance to Newport. The pub is now available and there is an exciting opportunity to develop a thriving retail business offering a great menu with tailored marketing to drive it forward. The pub offers generous outdoor space which can be utilised for themed events and family days throughout the warmer months.

Business facilities

The Lamb currently offers lots of space with a public and lounge bar where drinkers and casual diners can relax, plus an open and inviting dining area and a bright conservatory overlooking the generous beer garden. There’s a separate space for functions and the catering kitchen is equipped to deal with around 110 covers in total. The pub offers WiFi and is Cask Marque certified. The pub has an outdoor area for children to play. The car park has space for 32 vehicles.

Refurbishment

We are planning to invest in the pub to enhance introducing a small function room and/or an overspill dining room with approximately 40 covers and with its own small bar alongside some feature fireplaces. The current trading area will have some small adjustments (as it is in great condition) and we are also introducing a covered courtyard giving additional space to trade all year (20-30 covers). The outside will also be updated.

Accommodation

The domestic accommodation is very spacious with three en-suite bedrooms, a kitchen and a lounge.

About the local area

This village pub is located on a busy road (with regular passing trade), and is also just a mile from the pretty market town of Newport and half an hour’s drive from Shrewsbury, Telford and Wolverhampton. Edgmond is the largest parish in Telford and Wrekin, with close to 2,000 residents – including those from the other villages that make up the parish. Community is active here, with St Peter’s Church hosting an annual event where the congregation links arms around the church. Newport is also a thriving town with independent shops, regular markets, and a main supermarket. It hosts an annual festival.

This pub may suit

This pub is a lovely destination pub and we are seeking a publican who offers a great customer experience and enjoys building relationships with local families and visitors. You will be confident in managing an evolving food offer and marketing calendar and will have passion for offering a welcoming environment and the ability to motivate a team.

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

 

 

Financial Information

Initial Deposit*
£5,000
Full Deposit
£11,949
Legal Fees
£295
Maintenance Fund Per Week
£40
Working Capital
£5,000
Street Check
Click Here

Business Information

Forecasted Annual Wet Turnover
£293,318
Forecasted Annual Food Turnover
£204,750
Forecasted Annual Machine Turnover
£3,500
Forecasted Annual Other Turnover
£21,146
Agreement
Retail Contract – PR6

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