If you are looking to let a pub in Stockton On Tees, you could run The Parkwood !
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Let A Pub In Stockton On Tees – Run The Parkwood !
Let A Pub In Stockton On Tees – Run The Parkwood !
Attention all Publicans! The iconic Parkwood pub, in the heart of Hartburn, is up for grabs! Constructed in 1865, this historic pub boasts prominence within a densely populated suburb and is only a 10-minute drive from the city centre.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Could you run this pub in Hartburn?
Attention all Publicans! The iconic Parkwood pub, in the heart of Hartburn, is up for grabs! Constructed in 1865, this historic pub boasts prominence within a densely populated suburb and is only a 10-minute drive from the city centre.
The pub and location
The Parkwood isn’t an ordinary local; it sits at the heart of the community and is a favourite spot of the local MP! The large beer garden is split into different sections, each with a unique vibe, providing guests with the perfect outdoor oasis to soak up the sun. With four separate rooms and a large marque outside, the pub hosts a variety of functions.
The pub’s interior is just as inviting with a spacious entrance hall leading to the well-stocked main bar area with comfortable seating for up to fifty 50 covers. The restaurant area serves an all-day menu which guests enjoy anywhere in the pub, seating around sixty guests. For more private and intimate events, the small function room, The Garrison Room, is the perfect space, seating up to fourteen.
We’re looking for a savvy Publican to seize the growth potential here. You’ll reconfigure the large unused Breakfast Room, which could be a formal restaurant. You’ll also capitalise on the six letting rooms presently occupied by tradespeople or visiting guests. The car park can accommodate up to 20 cars.
Ideal publican
We’re seeking an enthusiastic and driven publican to take charge of this gem of a business! Be a part of the community, provide quality home-cooked meals at reasonable prices and always be on the lookout for the next big thing to build the business. Don’t miss out on this tremendous opportunity to run the Parkwood!
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!
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
BUSINESS INFORMATION
Full Deposit
£9,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fitting Weekly Rent
£186
Working Capital
£4,000-£6,000
Street Check
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FINANCIAL INFORMATION
Annual Rent
£36,000
Forecasted Annual Wet Turnover
£348,502
Forecast Annual Food Turnover
£155,957
Forecast Annual Letting Rooms Turnover
£47,771
Forecasted Annual Other Turnover
£4,323
Agreement
Flexible Tenancy
Ideal publican
We’re seeking an enthusiastic and driven publican to take charge of this gem of a business! Be a part of the community, provide quality home-cooked meals at reasonable prices and always be on the lookout for the next big thing to build the business. Don’t miss out on this tremendous opportunity to run the Parkwood!