If you are looking to lease a pub in Bath, The New Crown is available !
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Lease A Pub In Bath – The New Crown Is Available
The New Crown pub sits in a picturesque stone building in a fantastic location on Newbridge Road within walking distance of the centre of Bath. This great opportunity will benefit from a planned investment to the exterior of the property and the external drinking area at the rear.
OVERVIEW
Could you run this Bath pub?
The New Crown pub sits in a picturesque stone building in a fantastic location on Newbridge Road within walking distance of the centre of Bath. This great opportunity will benefit from a planned investment to the exterior of the property and the external drinking area at the rear.
The pub and location
You’ll run a thriving two-bar operation with a lounge bar and sports area featuring a pool table.
You’ll also enjoy the benefits of an external drinking area in the rear courtyard, perfect for entertaining guests in the warmer months. With five letting rooms, including three ensuite facilities, you will offer a comfortable stay for guests visiting the beautiful city of Bath.
Located just a 20-minute walk from the city centre and with a bus stop right outside, The New Crown is in a prime location with easy access to all of Bath’s attractions. Don’t miss this opportunity to take over and elevate the New Crown to new heights of success!
Ideal publican
We’re looking for a publican who loves people, an experienced operator who will provide fantastic service. You will know your pub classics menu like the back of your hand, keep a delicious cask ale selection, and manage the letting rooms to a high standard.
You’ll also love sports and support fans, creating a fun atmosphere while keeping everyone happy. Ideally, you’ll be involved in the community and passionate about pubs!
Private Accommodation
This opportunity comes with 2 private bedrooms
About the Agreement
We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.
Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible price bands and release fees which are available.
Whatever the agreement, with Punch you always get:
A progressive pub company – winners of the Publican Awards 2022 & 2024!
Industry leading investment with a whole world of possibilities
Industry leading training, with our Academy and Kitchen
Industry leading e-commerce platform – Punch Buying Club
Expert coaching and advice every step of the way
FINANCIAL INFORMATION
Deposit
£9,988
Legal Fees
£375
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£106
Working Capital
£10,000 – £12,000
Street Check
Click Here
BUSINESS INFORMATION
Annual Rent
£39,950
Forecasted Annual Wet Turnover
£295,792
Forecasted Annual Food Turnover
£62,420
Forecasted Annual Letting Room Turnover
£61,116
Forecasted Annual Other Turnover
£5,815
Agreement
Flexible Tenancy
Ideal publican
We’re looking for a publican who loves people, an experienced operator who will provide fantastic service. You will know your pub classics menu like the back of your hand, keep a delicious cask ale selection, and manage the letting rooms to a high standard.
