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Self Employed Pub Opportunity - Morpeth

Employer
Punch Tenancy
Location
Morpeth, Northumberland
Salary
Competitive
Closing date
27 Feb 2019
Self Employed Pub Opportunity - Morpeth

Looking to run a pub?

Located in a prominent high street position in the small town of Rothbury on the edge of Northumberland National Park, the Queens Head Hotel is a stone-built community mainstream pub that's steeped in history. Known for its quality food and a vibrant bar that also hosts live music events, this business also offers 7 well-presented letting rooms that are busy throughout the year. Especially during spring and summer when there's an influx of tourists, walkers and cyclists to the area.

Business facilities

The Queens Head trades across a large dining room that's used throughout the week, but is especially busy for the Sunday carvery offer, and a small public bar, which is cosy and full of traditional features. The kitchen can cater for up to 60 covers at full capacity. To the rear, there's a pool room, which is accessible through the public bar. The pub offers 7 letting rooms on the first floor, which are all finished to a good standard. Outside, there's a pleasant beer garden, a smoking solution and a car park with spaces for 8 vehicles. Free WiFi is provided throughout.

Accommodation

Yourdomestic 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.

The local area

Set on the River Coquet, 13 miles north-west of Morpeth and 26 miles from Newcastle upon Tyne, Rothbury is a small town that benefits from a great position close to Northumberland National Park. It's an area of outstanding beauty and the surrounding Coquet Hills and several nearby National Trust properties attract large numbers of tourists throughout the year.

This pub may suit

Due to the large size of this business, we're looking for an experienced operator who has previously run high volume food operations and ideally also letting rooms. Managed pub experience would be ideal, as this pub is being marketed on a retail contract where standards are extremely important. Ideal for someone with a passion for live music, as the Queens Head has a great reputation for year-round entertainment and this is something that we're looking to continue.

About the Agreement

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

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