Are you looking for pubs in the Norwich area with Managed Partnership Agreements ? Why not run The Cherry Tree as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Cherry Tree is Now Available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Pubs In Norwich With Managed Partnership Agreements – Run The Cherry Tree !
The Cherry Tree is a large destination corner plot pub situated on one of the main routes in to Norwich city centre. A hub of the local community and a destination for customers from further afield, this is a rare opportunity to take on one of Norwich’s finest.
With 4 large internal areas there is lots of potential for a great food operation with 100 covers plus pool, darts and games for the wet side of the business. There is a large 40 space carpark and both patio and grass beer gardens with lots of potential for the summer months.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Pubs In Norwich With Managed Partnership Agreements – Run The Cherry Tree !
The Opportunity
That idea you’ve always had about running your own pub – always seemed like a distant dream, didn’t it? Bet you never realised it was just a £5k security deposit away (plus legal fees) with a Marston’s retail agreement. Your earnings will be based on a percentage of weekly net turnover and for those of you interested in delivering a food offer, the agreement may include one of our branded food menus.
We’ve been working with this type of agreement for 10+ years now and have invested £3 million in our Retail Agreement pubs over the last year alone. People love them because they allow you to:
Be your own boss and work from home, with no commute
Live rent-free with no bills except Council Tax
Get your personal licence
Feel incentivised to grow the business and earn more
Access our support teams whenever you need them – from Beer & Quality Technicians to a dedicated Area Manager and Marketing team
Give your customers access to the brilliant range of Marston’s beers, wines, spirits and minerals – plenty of it award-winning!
All of your stock, including food, is supplied for free by Marston’s, although you will be responsible for managing it once it has been delivered
Call on us to cover the cost of repairs, fixtures and fittings
Learn all about Business Development Review Planning, Commercial Excellence and more over the first week’s induction training
Spend the first two days on the job settling in with full supervision on-site
Enjoy close support from the Marston’s team in the weeks after the initial induction training
Private Accommodation
Private Kitchen
Yes
No of Double bedrooms:
2
No of Single bedrooms:
2
No of Reception rooms:
1
No of Private bathrooms:
1
Office
Yes
Things to consider
In addition to the £5k security deposit and legal fees required for this agreement, you will need to cover your own insurance, except building insurance, which we’ll cover. Also, you’ll want to start thinking about your team; taking care of paying them and all other employment matters.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 but, if you do want to leave early, there’s always the option of six months’ notice with a ‘break’ clause in the contract.
Financial Info
Estimated weekly sales:
£8,500
Security deposit:
£5,000
Legal fees:
£360
Training/business development fee:
0
Working capital:
0
Total ingoing costs:
£5,360
