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REFURBISHMENT PLANNED

Punch Bowl

North Promenade, Cleethorpes, Lincolnshire, DN35 8SJ

Ingoing Cost: £5,000
Annual Rent: £30,000

Features
Trading style
Key financials

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Function Room

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Restaurant/Dining

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Coastal

Property details

The Punch Bowl is situated towards the end of the north promenade amongst the amusement arcades in Cleethorpes, which is a seaside resort on the estuary of the Humber in North East Lincolnshire. Cleethorpes is approached via the A180, A16, or A46 and lies approximately three miles southeast of Grimsby.

A traditional bar/restaurant with seating for 120 customers and a bar servery. There is an entertainment area with a pool table, a good-sized fully equipped catering kitchen, and customer toilets. On the first floor, there is a private function room that can cater to up to 120 guests. It has two rooms, but the raised main bar has a divided area off, which may be used for functions. The room to the left has a pool table.

On the second floor, the owner/manager's accommodation has a lounge, kitchen, two bedrooms, and a bathroom.

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Catering Kitchen

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Team Games

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Pool Area

Trading style

The Punch Bowl is a busy operation with function suite! The icing on the cake at this fantastic site.

This is a food-led operation trading very well out of season and superb in season. The potential to develop the function trade with weekday/night events as well as parties and family gatherings, etc.

THIS SITE IS PROPOSED TO RECEIVE INVESTMENT BOTH INTERNALLY AND EXTERNALLY THIS YEAR.

Key financials

Reference Number: 9FJDJ2 / 6037
Agreement Type: Lease / Tenancy

Min Ingoing Cost: £5,000.00
Annual Rent: £30,000.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please note that the energy performance certificate is available from the landlord.

Rent: £30,000
Bond: £5,000

ONLY TIED ON DRAUGHT PRODUCTS

A barrelage discount scheme
Only tied on draught products
You will have the right to assign your pub lease after 12 months (3 or 10-year agreements)
The rent will be in line with the company code of practice
Amusement with prize machine and pool table income are shared on a 50/50 basis
Individual modular training courses on improving your pub business
Regular business support through experienced Business Development Managers
Marketing and Promotions assistance available
The lease agreements offer a contractual cooling-off period to ensure the business is right for you

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MISREPRESENTATION ACT 1967

FindMyPub.com 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.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.