The Black Bull sits in the vibrant area of Morpeth High Street and attracts a broad range of customers, from guests grabbing a drink after work to locals looking for a plush pub to enjoy drinks with friends or a family meal.
The pub looks of a high standard. It now boasts a comfortable and well-presented open-plan trading area, split into a drinking area with a bar and a restaurant/dining area. Outside, you’ll discover a picturesque beer garden with seating for over seventy-five people, a real draw during the summer months that doubles the pub’s capacity during busy times.
The standards are impeccable at The Black Bull, from staff training and customer service to the presentation of trading and back-of-house areas. Someone with a keen eye for detail and the ability to get the best from their team will be crucial in this business.
The Black Bull Morpeth.
OVERVIEW
If you’re an operator with experience of running a high-volume community pub with a love for all things food, high standards and looking after your team and guests then the Black Bull is looking for a management partner like you. Come and take the helm of this epic opportunity.
The pub and location
The Black Bull sits in the vibrant area of Morpeth High Street and attracts a broad range of customers, from guests grabbing a drink after work to locals looking for a plush pub to enjoy drinks with friends or a family meal.
The pub looks of a high standard. It now boasts a comfortable and well-presented open-plan trading area, split into a drinking area with a bar and a restaurant/dining area. Outside, you’ll discover a picturesque beer garden with seating for over seventy-five people, a real draw during the summer months that doubles the pub’s capacity during busy times.
The standards are impeccable at The Black Bull, from staff training and customer service to the presentation of trading and back-of-house areas. Someone with a keen eye for detail and the ability to get the best from their team will be crucial in this business.
The Ideal Management Partner
The Black Bull is a long-established and well-frequented pub in the heart of Morpeth. The local community has made it their venue of choice for all occasions—whether a daytime or after-work drink, a place to bring the whole family for a quality and fantastic value meal or to enjoy the broad range of live sport and entertainment that the pub offers.
Guests will always find something happening at The Black Bull, as it is the social hub for the area. The ideal Management Partner would relish the opportunity to be at the heart of this pub and get to know what makes the locals tick.
Strong community ties are essential, so the ideal candidate will naturally engage with the locals. They should know all the best bands and live acts in the area, understand how to spend an entertainment budget wisely and generate the most return on this investment.
Food also plays an essential part in the sales mix at The Black Bull, and someone who can deliver a high quality offer is crucial. The weekly Sunday lunches have a loyal following, and organising the team to serve high-volume food on time is essential.
The fantastic thing about your Management Partnerships agreement is that you won’t be alone. Your Operations Manager will collaborate closely with you to understand the true identity of your business. We can then help you to amplify this; it’s a partnership, after all!
Private accommodation
There is decent quality living accommodation above the pub as part of the partnership, so you can engage with the community and understand what makes the locals tick.
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
Deposit
£3,000
Working Capital
£2,000
BUSINESS INFORMATION
Forecasted Annual Wet Turnover
£988,000
Forecasted Annual Food Turnover
£130,000
Forecasted Annual MachineTurnover
£10,000
Agreement
Management Partnerships
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!
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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