If you are looking for a pub tenancy in Redruth, you could run The St Day Hotel !
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Pub Tenancy In Redruth – Run The St Day Hotel
The St Day Inn is a well-loved community value pub with a loyal local following and an active social set-up. Known for its real ale and live sports offer, this is a fantastic opportunity for the right operator.
The trading area at the St Day Inn consists of a pool bar, main bar area and function room and can accommodate a healthy 30 covers. You can also maximise the potential of a catering kitchen and the live TV sports coverage, which guests love. You’ll find a smoking solution and a large outside drinking area with built-in seating at the back, ideal for the summer months. Guests also take advantage of the three parking spaces.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
OVERVIEW
Could you run this pub in Redruth?
The St Day Inn is a well-loved community value pub with a loyal local following and an active social set-up. Known for its real ale and live sports offer, this is a fantastic opportunity for the right operator.
The trading area at the St Day Inn consists of a pool bar, main bar area and function room and can accommodate a healthy 30 covers. You can also maximise the potential of a catering kitchen and the live TV sports coverage, which guests love. You’ll find a smoking solution and a large outside drinking area with built-in seating at the back, ideal for the summer months. Guests also take advantage of the three parking spaces.
About the local area
If village life is your thing, you’ll love St Day on the edge of Redruth in Cornwall. With a lively local trade, this is a fantastic and picturesque place to live and work. It’s also an area that’s growing due to recent investment. You’ll capitalise on the upcoming trade.
Ideal operator
We’re looking for a community pub operator with catering experience.
You’ll love supporting the local village community. We’re also looking for a talented hospitality professional with a big personality and plenty of catering experience.
Accommodation
The domestic accommodation consists of three bedrooms, a kitchen, and a lounge. Punch will ensure that this accommodation is in good order.
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 deposit options, with build ups from as little as £1,000 as well as 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
* The calculation of the initial Ingoing Costs assumes a minimum deposit, £1,000 & legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager
FINANCIAL INFORMATION
Minimum Deposit*
£1,000
Full Deposit
£3,750
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£49
Working Capital
£2,000 – £4,000
BUSINESS INFORMATION
Annual Rent
£15,000
Forecasted Annual Wet Turnover
£139,630
Forecasted Annual Food Turnover
£31,385
Forecasted Annual Other Turnover
£2,290
Agreement
Flexible Tenancy
The St Day Hotel Redruth
Ideal operator
We’re looking for a community pub operator with catering experience.
You’ll love supporting the local village community. We’re also looking for a talented hospitality professional with a big personality and plenty of catering experience.
