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Pub Tenancy - UK

Employer
Punch Tenancy
Location
Bury St Edmunds, Suffolk
Salary
Competitive
Closing date
3 May 2019
Pub Tenancy - UK

Could you run this pub?
The Bell Hotel, Suffolk is a stunning period building in the small market town of Mildenhall. It offers generous and multifunctional trading space for food and drink, alongside a letting rooms business and sits in a great location on the high street.
It's an 18th Century coaching inn which offers plenty features beautiful beamed ceilings and welcoming fireplaces.
Just fifteen minutes from Newmarket, and half an hour from Cambridge making it a great base to explore this beautiful area. The area also attracts golfers with the West Sussex Golf Course nearby.
Business facilities
This opportunity offers plenty of trading space. There is Large bar/games area in the middle part of the site for easy service. The pub also has a large function room with separate bar, toilets, cellar and prep area. There is also a smaller function room ideal for meetings/ private events located in the main body of the site. There is then another trading area adjacent to the reception for the hotel. There is also another restaurant space ideal for breakfasts or hiring out for private functions. Upstairs there are 17 ensuite letting bedrooms.
Refurbishment
The Bell Hotel will undergo an external and internal decoration, with new furniture and updates to both function rooms. Each letting bedroom to receive a refresh. All toilets will be updated. The pub will also receive new signage.
Accommodation
The private accommodation for this pub will include three bedrooms, a private kitchen and lounge
About the local area
This lovely pub/hotel is located on the high street and gets lots of passing trade. It sits opposite a church nearby local shops making it a lovely getaway spot. Located in between Newmarket and Bury this site gets lots of trade from the horseracing crowd and also people visiting the historic town of Bury St Edmunds.
Mildenhall is home to a large RAF base which is to be developed in 2027 bring additional houses to the area, alongside several new housing developments being built on the edge of the town also.
This pub may suit
This pub is a great business opportunity for an experienced operator as the potential for this site is great. You will have a passion for pub/hotel businesses and know how to manage a strong team offering great standards. You will excel in marketing the business and familiar with booking forums and social. You will also have experience managing a team of people and delivering great standards to encourage return trade.

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

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