Discover a hidden gem in the heart of Penrith – the Board & Elbow! Boasting a spacious catering kitchen and top-notch management accommodation, this fantastic pub is your ticket to success. The outside bandstand area is currently licensed, providing an additional 50 seats for outdoor dining. With its reputation as the busiest pub in Penrith, this is an opportunity you don’t want to miss!
Can You Run This Pub?
Discover a hidden gem in the heart of Penrith – the Board & Elbow! Boasting a spacious catering kitchen and top-notch management accommodation, this fantastic pub is your ticket to success. The outside bandstand area is currently licensed, providing an additional 50 seats for outdoor dining. With its reputation as the busiest pub in Penrith, this is an opportunity you don’t want to miss!
Pub and location
The inside open-plan trading area has 80 covers. We’ve spared no expense in maintaining the toilets and spacious wrap-around bar. Sports enthusiasts love the multiple TV screens, ensuring they never miss a game. And, to top it all off, we’ve already secured permission for another year of outside trading, allowing you to entertain guests in style.
The pub also has the optimum location, as Penrith shines as the heart of Cumbria. Just 20 minutes away from Keswick and 30 minutes from Carlisle, you’ll be in the midst of all the action. Lowther Deer Park and Penrith Centre Parks are around the corner, attracting tourists and locals alike. Easy accessibility via the M6 motorway and A66 ensures a steady flow of customers.
About the Agreement – What you’ll get in return
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.
Living accommodation – 3 double bedrooms, lounge with dining area, Kitchen and Shower room including all bills & maintenance
Agreed % of sales to pay you and your team
Industry leading 2% performance bonus paid quarterly
All food, drinks, menu’s, EPOS, apps & marketing materials included
All training and dedicated Operations Manager included
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
BUSINESS INFORMATION
Forecasted Annual Wet Turnover
£624,000
Forecasted Annual Food Turnover
£260,000
Forecasted Machines Income
£26,000
Agreement
Management Partnership
Ideal operator
We want someone who knows the pub, the market, and the local challenges. With catering experience under your belt, you’ll thrive in our kitchen. Chef recruitment can be challenging here, but fear not, for this is where you come in.
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.
Love Your Pub is a multi service hospitality platform which includes a social media agency, pub recruitment channel, guide and much more. Listing your pub with Love your pub on the guide and taking advantage of our social media management service will boost your visibility as Love Your Pub is the biggest online hospitality guide there is. Alongside our guide and social media package we offer a range of pub support, pubs on the market and much more.
The Love Your Pub Group ®, “Pierre The Pug” ® & Follow Pierre ® are licensed trademarks of Hardys Consultancy Ltd. All written content and imagery appearing on this website & third party social media pages which we provide services for remain the intellectual property of Hardys Consultancy Ltd both during & after any services we have provided to our clients. If you wish to use any of our material from this site and our archives, please contact us to obtain both permissions & rate cards for external use.
