The Avenue sits in the village of High Shincliffe on the outskirts of Durham City in between Shincliffe and Bowburn. It’s only two miles from the A1 and 10 miles from the A19.
The ideal operator will maximise the benefits of our investment, which will upgrade the building whilst keeping the intrinsic traditional look and feel internally with lush plants enveloping the outside space.
You’ll take advantage of the bar servery and a smaller adjacent room with the kitchen on the same floor totalling approximately 80 covers. You’ll also maximise the drinking area with tables to the front and rear of the pub totalling approx. 50 covers. You’ll discover six bedrooms situated on the two floors above the pub.
The Partnership – Fixed
Ready to run your own business, manage your own team and define your own wage structure? Love working closely with an Operations Manager to build an incredible pub legacy with uncompromising standards and stand out guest experience? Then the Punch Managed Partnership is the perfect option for you.
Alongside tonnes of day to day support and a brilliant framework to grow the business, we provide an uncapped cut of top line turnover to pay yourself and your team in exchange for your Management Company providing the management services at the pub – it’s your structure to own, subject to management company costs including, but not limited to, staff costs, minor repairs and maintenance at the pub, security/door staff and insurance. We understand how important it is for a Management Company to completely own their own team.
In our Partnerships, we love pub obsessed entrepreneurs that help us lead the industry. We love to partner with people that help us create pub legacies that stand the test of time and become the hub of their community. We get that every pub has its own distinct character, so your Operations Manager will work closely with you to understand the true identity of your business, we can then help support you amplifying this, it’s a partnership after all!
Financial Information
Initial Deposit
£3,000
Working Capital
£2,000
Street Check
Click here
Business Information
Forecasted Annual Wet Turnover
£259,272
Forecasted Annual Food Turnover
£139,984
Forecasted Annual Room Turnover
£78,173
Agreement
Management Partnership
Are you a driven couple or an individual operator looking for a new challenge? Are you passionate about serving exceptional drinks, brilliant food and creating a fantastic atmosphere?
We’re looking for an operator who understands what makes locals tick. Strong community ties are essential to this pub, which means the ideal candidate will engage the local community and visitors alike.
You’ll be a charismatic creative, hosting the best entertainment in the area, and understand how to spend an entertainment budget wisely to generate the most return for your investment. Hosting family and live events will be vital to this business alongside a robust rhythm of the week offering.
Understanding the different demographics in the area and the varying reasons why people use the pub is also essential. The ideal operator will have the creative vision and ability to deliver the optimum and consistent guest experience with a strong focus on food. You’ll ensure your drinks are of the highest standard with a focus on real ales and quality wines and spirits.
The accommodation element demands an operator who can create a homely environment with keen attention to detail. You’ll have the vision, creativity, and appetite to promote this facet of the business. Meeting statutory requirements will be second nature to you, and previous experience of achieving excellent results and feedback on compliance will be evident.
You’ll be successful because you seek new opportunities to evolve. You will be motivated to innovate, creating new angles to evoke interest using your social media channels. You will make memories in your pub that guests will share on social, also receiving excellent reviews for your service.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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