01283 501999
Refurbishment Planned

Wild Man

29 Bedford Street Norwich NR2 1AG
Initial Ingoings*:
£6,750
Rent:
£615 pw
Facilities
  • Accommodation (Private)
  • Beer Garden
  • Cask Ale
  • Live Sports
  • Team Games
  • Wifi

Overview

Could you run this pub?
The Wild Man, Norwich is a fantastic popular bar in the centre of the Lanes district. This pub has built up a loyal daytime coffee and drinking trade and is known for its events schedule. This is a great opportunity to have a real hand’s on approach in one of the city’s popular bars and what a great opportunity to live and drive your own business in the heart of the city centre. This pub is also to undergo a full internal and external refurbishment

Business facilities
This pub offers an easy to manage trading open plan trading space with large bar area to the rear. Post investment the bar will have a new and fresh feel and will be the go-to bar targeting high end Norwich drinking clientele.

Refurbishment
We have plans to complete a full internal and external refresh, with new fixtures and fittings alongside fresh signage and branding. Download the fabulous Refurbishment below on this page.

Accommodation
The private accommodation will include two private bedrooms, a kitchen and a lounge.

About the local area
Located in central Norwich just off London Street, the Wild Man is in the Norwich Lanes. The pub itself is located in a popular evening spot opposite the newly opened Cosy Club and is round the corner from the Ivy Brasserie and Turtle Bay. There are other local independents nearby, and the new look of the Wildman will bring an additional offer definitely attract the Norwich hipster crowd.

This pub may suit
Ideally the operator will be hands on and very much in touch with the Norwich bar/pub scene. This pub needs a livelye host and team with personality who will attract customers, create great atmosphere and create great relations encouraging regular custom.

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
Full Deposit
£8,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£64
Working Capital
£2,000 - £6,000
Street Check
Click Here

Business Information

Weekly Rent
£615
Forecasted Annual Wet Turnover
£315,068
Forecasted Annual Food Turnover
£21,684
Forecasted Annual Other Turnover
£7,713
Weighted Average Discount Per Barrel
£75
Agreement
Tenancy 5yr

Relevant Downloads

Gallery

Pub Location

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