Licensee - Punchbowl, Jesmond
Minimum Ingoing Costs: £40,000
Annual Rent: £74,000
Annual Turnover: £747,312
Historic Pub, Prime Location
Beautiful historic pub that holds a prominent position within the “city village” of Jesmond. The Punchbowl is a striking, stone built pub situated within walking distance from local businesses and redeveloped flats and housing. The pub is located on the main road from the city of Newcastle out to Whitley Bay. The area is made up of great demographics, young professionals and career couples flock to this area of Newcastle to set up home and enjoy the city and village lifestyle all in one.
In order to capitalize on the strong passing trade, the external fabric of the building will be refurbished and redecorated and a new signage and lighting scheme installed. Internally, the pub will be remodelled to create a modern, free flowing casual drinking and dining space.
Passionate Entrepreneur Wanted
We require an operator who can demonstrate a proven track record within the licensed trade who can work with us to allow this pub to achieve its full potential. Applicants should be aware that refurbishment details are yet to be finalised and accordingly, commercial terms along including the rent and ingoings are subject to review and sign off.
Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.