If you are looking for pub tenancies in Lincoln , you could run The Star & Garter !
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Pub Tenancies In Lincoln – Run The Star & Garter
OVERVIEW
Could you run this pub in Metheringham, Lincolnshire?
Now is the ideal time to take the reins, as we are planning a complete investment, which will see upgrades to the main trading areas, toilet facilities and letting bedrooms.
We’ll also implement new signage and lighting to enhance the pub’s kerb appeal.
The pub and location
Guests love the Star & Garter for its cosy atmosphere, friendly service, picturesque traditional surroundings, classic pub fayre and a fantastic selection of ales, lagers, wines & spirits.
It’s a popular gathering spot for locals and visitors, offering a taste of community life in this tight-knit village.
Charming and unspoilt, the Star & Garter has a traditional pub layout, including a comfortable lounge, games room area and a breakfast room for overnight guests. The latter doubles up as a space to serve food during functions, an opportunity the savvy operator will maximise.
The commercial catering kitchen on the ground floor directly serves the main trading areas, including the breakfast room.
On the first floor, you will discover four plush letting bedrooms, all ensuite, which we will upgrade as part of our planned investment.
About the local area
Metheringham is a quaint village with traditional and modern elements, boasting picturesque countryside surroundings, charming streets, and historic buildings like St Wilfrid’s Church.
The village has essential amenities, such as shops, pubs, and community spaces, making it an attractive place to live or visit.
Ideal operator
You’ll require sound business knowledge and experience running pubs as the Star & Garter is a multifaceted business.
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
£4,250
Legal Fees
£375
Maintenance Fund Per Week
£40
Fixtures & Fittings Weekly Rent
£146
Working Capital
£4,000 – £6,000
BUSINESS INFORMATION
Annual Rent
£17,000
Forecasted Annual Wet Turnover
£215,061
Forecasted Annual Food Turnover
£77,987
Forecasted Annual Letting Room Turnover
£36,703
Forecasted Annual Other Turnover
£4,719
Agreement
Flexible Tenancy
Ideal operator
You’ll require sound business knowledge and experience running pubs as the Star & Garter is a multifaceted business.
