01283 501999

Wellwood Arms

Wellwoods Arms, High St, Amble, Morpeth NE65 0LD, UK
Initial Ingoings*:
£5,295
Exp. Earnings:
£31,209
Facilities
  • Accommodation (Private)
  • Beer Garden
  • 12 Spaces Car Park
  • 60 Covers Catering Kitchen
  • 4 Rooms Letting Rooms
  • Live Entertainment
  • Outdoor Drinking Area
  • Wifi

Overview

Looking to run a pub

The Wellwood Arms is an attractive stone-built community mainstream pub with letting rooms that’s located on the busy Northumberland Coastal Route in the town of Amble. The pub has developed a good reputation for food over recent years and attracts locals from the town as well as the many visitors to the caravan parks and surrounding villages. We’re planning investment to make this business the most premium dining and drinking pub in the Amble area.

Business facilities

The pub is divided into three main areas: a public bar with an open fire, a snug/breakfast area and a larger dining room that doubles as a function room. The catering kitchen can provide for up to 60 covers at full capacity. Upstairs, there are 4 letting rooms, which have benefited from recent investment and are very popular throughout the year. Outside, there’s a small beer garden, a smoking solution and parking for 12 vehicles. Free WiFi is provided.

Accommodation

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

Refurbishment

We’re planning significant refurbishment investment at this pub – further details to follow.

About the local area

Amble is a bustling town on the Northumberland coast, which has benefited from significant investment in recent years. A new harbour and seafood market have been built, attracting substantial visitors each week and a number of quality food businesses and restaurants have also opened in the last few years. Amble is located close to other popular local tourist destinations – such as Warkworth, Alnmouth, Alnwick and Craster – and can be used as a hub for tourists visiting the area and exploring the Northumberland Coastal Route.

We’re looking for an experienced food operator, who can deal with a high-volume operation, while also maintaining exemplary all-round standards. You’ll need to be someone who can lead and manage and train a team of people to deliver a quality offer across all wet, dry and rooms aspects of the pub. Some local knowledge and kinship with local customers would also be beneficial.

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

 

Business Information

Initial Deposit*
£5,000
Legal Fees
£295
Working Capital
£2,000
Maintenance Fund Per Week
£40
Forecasted Annual Wet Turnover
£215,013
Forecasted Annual Food Turnover
£177,667
Forecasted Annual Letting Room Turnover
£45,500
Forecasted Annual Other Turnover
£16,467
Street Check
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