Are you looking to run a pub that thrives in the heart of its community and is the home of sports viewing and entertainment? If so, look no further than The Elephant.
This remarkable building stands as one of the most prominent landmarks in the heart of Ashington, housing a beloved local pub that enjoys unwavering support from its regular guests, who support this wet-led pub all year round.
Ashington is one of the biggest towns in Northumberland, and The Elephant is home to many in the community who go to the pub to enjoy live sports viewing and entertainment. With a dedicated pool area in the open-plan pub, there is an opportunity to create a local team to take on other pub teams in the area.
The Elephant has a function room upstairs for those special and momentous occasions. Additionally, the pub has an outdoor area for guests to enjoy a drink in the sun.
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 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 & 2024!
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
Want to find out more about this agreement? Click Here
FINANCIAL INFORMATION
Deposit
£3,250
Legal Fees
£375
Maintenance Fund Per week
£40
Fixtures & Fittings Weekly Rent
£70
Working Capital
£4,000-£6,000
BUSINESS INFORMATION
Annual Rent
£13,000
Forecasted Annual Wet Turnover
£388,337
Forecasted Annual Other Turnover
£4,247
Agreement
Flexible Tenancy
Ideal operator
Since this pub doesn’t have private accommodation, we’re seeking a community-focused local operator who can drive this business forward by delivering an exceptional guest experience tailored to its wonderful community.
A genuine love for people is essential, as is a commitment to becoming an integral part of the community. Strong skills in local marketing and a passion for driving sales will be crucial to ensuring the continued success of this vibrant pub.
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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