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Pub Tenancy - Stockton-on-Tees

Employer
Punch Tenancy
Location
Stockton-on-Tees, Durham
Salary
Competitive
Closing date
26 Mar 2019
Pub Tenancy - Stockton-on-Tees

Looking to run a pub?

This is a beautiful pub which is well suited to house a premium food-led business and it offers the incoming operator plenty of opportunity. It's a great location for a fantastic destination food business that features local produce on a menu that can satisfy traditional pub diners but also offer something a little special to suit the more premium nature of the market it sits in.

Business facilities

The Talbot Inn offers distinct open plan trading spaces across two floors, all immaculately decorated and ready to go. On the ground floor, there's a lounge bar space with a socialising and drinking area opposite the bar. This opens into a snug dining area and then the main restaurant space. Upstairs, there's a further large restaurant or function room with its own bar. There's also a small private dining/meeting room on the first floor. The kitchen can provide for up to 80 covers throughout. Outside, the pub has a beer garden and 10 parking spaces, with on-street parking also available.

Accommodation

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

About the local area

The pub is situated in the village of Bishopton, just to the west of Stockton-on-Tees. It's a very affluent village and the pub is one of a few across the local area.

This pub may suit

You'll need to be very experienced in food to succeed here. An occupier/chef arrangement is likely to be most beneficial at this 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

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