The Raven
Ipswich IP3 9QJ
The Raven is situated on the edge of a large mixed retail estate with easy access to the A14 and central Ipswich. Its location benefits from passing trade, local workers and the large Ravenswood estate built on the former Ipswich airfield
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Overview
The Raven is situated on the edge of a large mixed retail estate with easy access to the A14 and central Ipswich. Its location benefits from passing trade, local workers and the large Ravenswood estate built on the former Ipswich airfield.
Built in 2007, The Raven benefits from a single level operation with modern amenities, yet from the outside, looks like a warm and inviting traditional pub. The comfortable bar offers various seating configurations within smaller, unique areas, all of which surround a central ‘L’ shaped servery.
One end of The Raven is designed to meet friends and enjoy a traditional pub atmosphere. A pool room with TV is big enough for all your friends and the seating designed to mingle. The opposite end is for families, especially those with younger children. Our dedicated kids space with digital, interactive games will keep the little ones busy. There is also a customer facing pizza deck and ice-cream counter. The Raven offers a traditional pub-style menu with a 60/40 split in favour of food and the retailer would take 22% of income across these income streams, which is averaging £8,000 a week currently.
Recently redecorated externally, The Raven has a clean, attractive kerbside appeal and stands proudly to the entrance of the Ravenswood estate. This venue is ideal for someone with a passion for creating a great night out but also someone who can integrate into the local community getting actively involved with local organisations, charities and groups. Food experience is key with a proven 5 star score on the door and a focus on building a solid reputation. In terms of accommodation, the site boasts a well appointed two bedroom manager accommodation and a studio assistant manager flat.
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
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.
Private Accommodation
Private Kitchen
No
No of Double bedrooms:
2
No of Reception rooms:
1
No of Private bathrooms:
1
Office
Yes
A fresh new self-employed agreement for our community food sites
Marston’s has been operating pubs under self-employed agreements for many years. We were the pioneers of the ‘managed partnership agreement with our Retail Agreement being the first of its kind in the industry.
Since then we have helped hundreds of people to realise their dream of running their own pub business, from those fresh to the industry with bags of entrepreneurial spirit and business acumen, to publicans with an unrivalled passion for pubs and the guest!
Our self-employed pubs continue to trade well despite the ups and downs faced over the past few years and are a massive part of our vision to grow. Whilst our Retail Agreement pubs have typically been smaller wet-led pubs, we have continued to add more diversity by adding a number of ex-managed houses to our Great Locals estate. Some of these pubs trade with a 40% food sales mix and many are budgeted to turnover sales of over £15k per week.
This includes pubs like the Unicorn in Warwick, a large community food pub at the heart of a new-build estate. With strong food sales and an excellent location, this is the perfect opportunity for experienced managers to combine their community know-how and passion for guests with a proven branded pub model.
The Unicorn and 4 of our other community food pubs are available on a fresh new Retail Food Agreement, offering for the first time, a fixed management fee (or retained fee) of £25k per annum and supplemented with a 20% sales mix and share of profit above budget.
Check out the opportunities available on this great new agreement:
Unicorn, Warwick:
Self-Employed Pub Business Partner – Marstons Partners
Chequered Flag, Brackley:
Self-Employed Pub Business Partner – Marstons Partners
Old House at Home, Walsall:
Self-Employed Pub Business Partner – Marstons Partners
Raven, Ipswich:
Self-Employed Pub Business Partner – Marstons Partners
Queen of Hearts, Daventry:
Self-Employed Pub Business Partner – Marstons Partners
Things to consider
In addition to the £5k security deposit 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 and have completed a sustainable business plan, in accordance with the Pubs Code. And, of course, obtain your personal licence (which we can 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.
The details
Our Retail Food Agreement is perfect for people passionate about pubs and obsessed with serving great food and an unforgettable experience every time! With low ongoing costs, all the training and support you need to get you settled and raring to succeed and offering the opportunity to earn an unlimited share of sales and profit, backed up with a guaranteed annual retained sum to provide you with some peace of mind.
- A guaranteed annual retained sum of £25,000.
- A 20% share of weekly sales, excluding vat.
- A bonus payment if your pub exceeds budget – 10% of your pub’s total profit above budget, paid bi-annually.
- Low ongoing costs, starting with just a £5,000 deposit, we will even pay for your legal fees.
- Accommodation provided, with most bills covered, except the council tax
- All of your stock, including food, and all associated consumables are supplied for free by Marston’s, although you will be responsible for managing it once it has been delivered.
- Comprehensive induction training and ongoing support and training.
- A dedicated area manager working with you to help you grow the business.
- Access to our 450 strong-support teams whenever you need them – including Marketing, Recruitment and Food and Drink specialists.
- All our Pub Partners get access to our FREE Learning, Development and Training platform Campus (a package worth over £300!).
Financial Info
Estimated weekly sales:
£8000
Partner Earnings
22%
Security deposit:
£5000
Legal fees:
£0
Training/business development fee:
£0
Working capital:
£0
Total ingoing costs:
£5000
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
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.