01283 501999

Rose & Crown

Rose & Crown 43 Main Street, Balderton, Newark NG24 3LN
Ingoing:
£6,750
Facilities
  • Accommodation (Private)
  • Beer Garden
  • Cask Ale
  • Live Sports
  • Team Games

Overview

Looking to run a pub?

This traditional-looking community mainstream pub is a locals’ favourite. Trade is wet-only, and a renewing the Cask Marque accreditation will help to pull in cask ale lovers, while live TV sports coverage attracts sports fans. There’s a clear opportunity to build this business through extended opening hours, premiumisation and improved marketing.

Situated in a large Nottinghamshire village just outside Newark-on-Trent, the Rose & Crown is a well-positioned community mainstream pub that’s popular with locals. It’s a two-roomed traditional pub, with wet-only trade and a focus on sports, both in terms of live TV coverage and teams. The pub is Cask Marque accredited and is in very good order throughout. It has a loyal band of regular drinkers and benefits from having another local pub almost opposite to create a small circuit. Our vision for this site is for the incoming operator to retain the current clientele while also growing the business through the introduction of premium drinks, improved marketing and enhanced customer service levels. The pub has a Skittle alley which proves to be a popular attraction for regulars at the pub, as well as local teams. Outside, there’s a grassed beer garden to the rear of the property, along with a smoking solution.

Accommodation

The private accommodation consists of two bedrooms, a kitchen and a lounge.

About the local area

The Rose & Crown is situated on a key route through the large village of Balderton, about a mile south-east of Newark town centre. Balderton is one of the largest villages in Nottingham shire and Main Street offers a variety of local amenities, including a Post Office and a Tesco Express supermarket that is almost directly opposite the pub. There are residential properties all around, predominantly owner-occupied private housing.

This pub may suit

This would be the perfect property for someone with local knowledge and an appreciation of cask ales, who also has a desire to help this pub become the focal point of the community. This is a great opportunity to put your stamp on what is a vibrant local pub.

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.

Financial Information

Initial Deposit*
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Working Capital
£2,000 - £4,000
Street Check
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