If you are looking to lease a pub in Margate, The Mulberry Tree is available !
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Lease A Pub In Margate – The Mulberry Tree Is Available !
The Mulberry Tree is a lovely community value pub in the heart of residential Margate on the Kentish coast. The pub is a popular place for sports teams to meet and socialise. The spacious and relaxed beer garden presents the opportunity to host outdoor events to attract locals and visitors to Margate during the summer months.
OVERVIEW
Could you run this Margate pub?
The Mulberry Tree is a lovely community value pub in the heart of residential Margate on the Kentish coast. The pub is a popular place for sports teams to meet and socialise. The spacious and relaxed beer garden presents the opportunity to host outdoor events to attract locals and visitors to Margate during the summer months.
The Mulberry Tree is an open plan trading operation, with a U-shaped main bar area providing a great space where all the community can gather. The walls are adorned with trophies won by successful darts and pool teams over the years. The games area fits naturally on one side of the bar area, with the other side potentially suitable for a food offer, given the presence of a catering kitchen in the pub. Outside, the large beer garden with a dedicated play area offers plenty of potential for summer community events. There’s a smoking solution and parking for 8 vehicles.
About the local area
The Mulberry Tree sits on a prominent corner plot in the residential heart of Margate. This is a true community pub, surrounded by a large amount of housing of all kinds, putting a strong potential customer base of local drinkers on its doorstep. Margate is becoming a popular get away destination for the weekend and is also known for attracting creatives for its arts scene.
Ideal Operator
This property may suit a locally minded operator who would like to run a community pub with sports teams. Its also a great opportunity to relocate to the coast. Some experience of the food market would be an advantage but is not essential.
Accommodation
Your domestic accommodation would consists of four bedrooms, kitchen and a lounge. Punch will ensure that this accommodation is in good condition.
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
Want to find out more about this agreement? Click Here
FINANCIAL INFORMATION
Deposit
£5,750
Legal Fees
£375
Maintenance Fund Per Week
£40
Fixtures and Fittings Per Week
£39
Working Capital
£5,000 – £7,000
Street Check
Click Here
BUSINESS INFORMATION
Annual Rent
£23,000
Forecasted Annual Wet Turnover
£266,060
Forecasted Annual Food Turnover
£26,007
Forecasted Annual Other Turnover
£3,718
Agreement
Flexible Tenancy
Ideal Operator
This property may suit a locally minded operator who would like to run a community pub with sports teams. Its also a great opportunity to relocate to the coast. Some experience of the food market would be an advantage but is not essential.
