01283 501999
Refurbishment Planned

Seymour Arms

Seymour Arms 10 Seymour Street, Plymouth PL4 8DT
Initial Ingoings*:
£6,750
Facilities
  • Accommodation (Private)
  • Cask Ale
  • 30 Covers Catering Kitchen
  • Team Games
  • Wifi

Overview

Looking to run a pub?

Located in the centre of Plymouth, the Seymour Arms is a community mainstream pub that sits in the heart of student land. It’s a spacious pub that’s about to benefit from significant investment. We’re now looking for the right operator to take this blank canvas and spearhead a new vision to make it great again.

Business facilities

The Seymour Arms is a large, open plan trading operation, with a central L-shaped bar serving a lounge bar and a dedicated sports area which has pool tables and darts boards. The existing domestic-style kitchen will be refurbished and equipped to cater for up to 30 covers throughout. Free WiFi is provided.

Accommodation

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

Refurbishment

We’re planning a substantial refurbishment here to help take this pub to the next level.

About the local area

Located just to the west of Plymouth city centre, the pub sits in a large residential area that’s within easy walking distance of Plymouth University, as well as the city centre and Drake Circle. A lot of students live in this area, mainly in rented houses and flats.

This pub may suit

Ideal for someone interested in a younger student trade, with a love of music and sports. You’ll be looking to introduce a fun and a quirky food offer, as well as a craft beer offer alongside the draught range.

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
Working Capital
£2,000 - £4,000
Maintenance Fund Per Week
£40
Street Check
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Relevant Downloads

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