Venue News

Managed Partnership Pubs In Allendale – Run The Kings Head !

Are you looking for Managed Partnership Pubs Available In Allendale? If the answer is YES, Why not run The Kings Head !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Kings head in Hexham is Now Available via Love Your Pub!
Why not contact the team today for more information about this venue and how you can take the next step in your hospitality career!
Managed Partnership Pubs In Allendale - Run The Kings Head !
Managed Partnership Pubs In Allendale – Run The Kings Head !

Managed Partnership Pubs In Allendale – Run The Kings Head !

Overview

Situated on the market square, it’s ideally located to make the most of the village and the local amenities.

The pub itself has a large bar and dining area on the ground floor and a function room and five guest letting rooms to the first floor. The letting rooms comprise of one twin, two double and two king size, all of which have either a private bathroom or en-suite shower room. Externally the pub has small beer gardens to the rear and the front of the pub.

The Kings Head is an attractive pub and would suit Operators who can manage a wet offer, coupled with food and also the lettings rooms side of the business . It’s a relatively small / modest business and would suit first timers or experienced Operators. It would be best suited to a couple – one front of house and one kitchen.

The Opportunity

Let your big ideas for your own pub run free as a foundation partner. Your earnings will be based on a percentage of weekly drinks sales, but you’ll have the flexibility to choose the food you offer and keep every penny of food sales! It’s the chance to:

  • Leave your old life behind and be your own boss
  • Commit to five of the most exciting years you’ll have ever worked
  • Live rent-free in the pub
  • Take home 30% of weekly drinks sales
  • Keep 100% of the money you make on food
  • Keep 50% of the profits from any gaming machines
  • Offer the award-winning range of fantastic Marston’s beers, wines, spirits and minerals
  • Have your drinks stock supplied and paid for by Marston’s, not to mention your heating and lighting
  • Learn from the best during your induction training and enjoy on going training and support from your dedicated Business Development Manager

Managed Partnership Pubs In Allendale – Run The Kings Head !

Things to consider

You’ll need to put in a £5k deposit, plus legal fees and cover your own insurance (except building insurance, which we’ll pay for). Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters. We’re on-hand to offer guidance as you plan your business overheads, like business rates (and your own residential Council Tax). Also, start thinking about any internal repairs and decoration you’d like to do to bring the place up to standard and committing to an annual decorating fund.

Before we all sign the agreement and see you heading into a whole new life, you’ll just need to show us proof that you’ve had independent financial advice from an accountant and solicitor, as dictated by the Statutory Pub Code. And, of course, obtain your personal licence (which we’ll help with) and complete your induction training.

It’s a five-year commitment, so you have loads of time to build the business and get it performing brilliantly.

Kings Head Hexham

 

Managed Partnership Pubs In Allendale - Run The Kings Head !

Managed Partnership Pubs In Allendale – Run The Kings Head !

 

Financial Info – Kings Head Hexham

Operator % fee:
30% of wet sales
Estimated weekly sales:
£5,250
100% wet only and retailer’s own food
Security deposit:
£5,000
Legal fees:
£360 +VAT
Working capital:
£2,000
Total ingoing costs:
£7,360

You may also like

Previous Post
Restaurants In Port Solent – Family Fun At The Botanical !
Next Post
Pub Tenancy In North Yorkshire – The Union Inn Is Now Available !

Sign up below to hear more about our monthly news & offers via email 

T & C’s : Please note any promotion or offer is at the discretion of the outlet & cannot be used in conjunction with any other promotion or offer at that time. Any promotion or offer can be withdrawn by the outlet at anytime.