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Beer Garden
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External Drinking Area
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Car Park
FindMyPub.com
Restaurant/Dining
Property details
The Piercefield is a great pub in the Village of St.Arvans which is just outside of Chepstow. It is located not far from the M48/M4 and Severn Bridge and is a short distance from Chepstow Racecourse offering opportunities to take advantage of race days and concerts there.
The inside of the pub has 2 distinct areas with the main bar area including a Pool table and Darts board and then a restaurant area including a fireplace which also has doors leading onto a decked Terrace area outside. The pub is a cosy and warm place to enjoy a meal in the winter and is ideal for food and drinks in the sunshine during summer.
The pub benefits from a big car park including electric vehicle chargers and also has a large Garden area including a Kid's play area.
The private accommodation consists of four bedrooms and is split into two parts. The main Flat has three bedrooms a lounge an office a kitchen and a bathroom. The bedsit has one bedroom a lounge/kitchenette and a bathroom.
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Catering Kitchen
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Live Entertainment
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Experienced Operator
Trading style
The pub has lots of potential for growing sales. The large outdoor space is perfect for hosting events in the summer for families and locals. The food trade is really important with Sunday lunches providing a great opportunity for more sales alongside midweek food and drink offers.
There is also an opportunity to host Pool and Darts nights and join local leagues to boost sales along with putting on some live music in the pub too.
The customer base is largely comprised of locals in the village and from Chepstow with a mixture of age ranges. It is a popular place for meals and celebrating occasions with families along with some after-work drinks.
The ideal operator also needs to be an experienced community operator who will be keen to engage with the local village and support local charities with events and community groups. Previous pub management experience (ideally with a food element/destination-type venue) would be preferable.
Key financials
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Reference Number:
PSCFKB / 36398
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Agreement Type:
Operator Agreement
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Min Ingoing Cost:
£5,360.00
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Annual Rent:
NO RENT PAYABLE
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
The site is currently trading around £8,800 per week 64/36 in favour of food.
What’s in it for you?
- 22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
- Low ingoing costs, deposits starting from £5,000 and £360 legal cost. (*deposits can vary depending on the business*)
- Accommodation is included with most bills covered, except the council tax & TV License.
TOTAL INGOING £5,360