Could you run this pub?
The Newstead Abbey pub, Nottingham sits on the outskirts of Bulwell town centre. It’s a traditional community, edge of town pub offering great value drinks alongside pool, games machines and occasional entertainment popular with a mature crowd alongside tradesman to meet up for a pint or after work drinks and catch up.
The pub offers easy to manager trading space with one wooden floored main room with an annex, which could be used for extra space and/ or a second pool table and a corridor with games machines. The pub is a typical drinking destination and in a good condition. The pub also offers WIFI and an outdoor drinking space and a smoking solution.
The private accommodation includes three bedrooms, a kitchen and lounge.
About the local area
Bulwell is a market town which is just twenty minutes’ drive to Nottingham and nearby Junction 26 of the M1 and Hucknall. The Newstead Abbey sits on St. Albans Rd which is a main route into Bulwell from surrounding areas including Old Basford and Bestwood. Its nearby some fast food and retail outlets and also within walking distance of local residents in terraced and nearby housing,
This pub may suit
This pub would suit a community pub operator, who enjoys running a drink’s led business who can build great relationships with regulars, and maybe arrange suitable events to suite the clientele. The pub will initially be available on a one-year Tenancy so may suit a landlord looking for a shorter term opportunity with potential to go long term.
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