01283 501999

Mayflower

Mayflower, Margaret Street, Immingham, DN40 1JY
Initial Ingoings* :
£6,750
Rent:
£270 PW
Facilities
  • Accommodation (Private)
  • Beer Garden
  • 25 Spaces Car Park
  • Live Entertainment
  • Live Sports
  • Team Games
  • Wifi

Overview

Looking to run a pub?

Set on a large plot, this community value pub has a strong focus on sports and weekend entertainment. Its beer garden is a popular place to enjoy a drink or two in summer months. The wet-only trade here could be boosted by introducing slightly more premium products alongside value drinks. Sales are driven largely through pub sports, games and links with local rugby club the Immingham Wasps. Regular entertainment is promoted to draw additional customers in on Fridays and throughout the weekend trading period.

Business facilities

The Mayflower is a spacious value pub that enjoys close ties with the local community. It’s set out across three distinctive trading areas: a function room, a main bar area and a sports area, with a pool table and darts board. This games space is serviced by its own separate bar. Outside, the pub benefits from having a large car park with space for up to 25 vehicles, a smoking solution and a beer garden offering external seating. Free WiFi is provided throughout.

Accommodation

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

About the local area

The Mayflower is situated in the heart of a large residential area in Immingham on the south-west bank of the Humber Estuary. Immingham is a small town that lies about 6 miles north-west of Grimsby. There’s a local population of about 11,500. The Mayflower is set about half a mile from the centre of Immingham, surrounded by residential housing and in close proximity to the local primary school and other businesses.

This pub may suit

You’ll need to confident in building strong community ties here and keep the pub at the centre of local life. This personable approach could bring the added benefit of hosting community functions and parties in the separate function room area.

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
£270
Working Capital
£2,000 - £4,000
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£40
Forecasted Annual Wet Turnover
£168,378
Forecasted Annual Other Turnover
£2,851
Weighted Average Discount Per Barrel
£181
Street Check
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