In this issue:
Focus on Food Led Pubs p4
Focus on Pubs with Letting Rooms p9
Pub Opportunities East Anglia • Winter edition
Did you know you can be rewarded with
£1,500
*
if you recommend a lead who takes a lease or tenancy in an Enterprise pub?
Finder’s Fee Bounty Enterprise has a Finder’s Fee Bounty to reward Publicans who successfully recommend new leads. Do you know someone who is looking to break into the pub industry? If you do, the Finder’s Fee Bounty is a great way for you to help them get into the business and benefit from the recommendation. For more information, contact a member of the Recruitment Team on 0800 953 0072. *Offer available on substantive agreements only, excluding assignments.
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
1
Welcome Becoming a Publican Enterprise is the UK’s leading tenanted pub company, providing you with an unrivalled portfolio of pubs to choose from. All of our agreements allow for flexibility in how you grow your business, whether you take on a Tenancy or Managed Tenancy. And by combining our award-winning support with your drive and ambition, we can help you build long-term business success.
Your opportunity We have been building our estate of approximately 5,500 pubs for over 20 years to ensure we have the highest quality offering in the industry.
Your agreement Our agreement options allow for flexibility in how you grow your business, and type of relationship you want to have with us.
Your support From day one, our awardwinning support is available to you as and when you need it.
We are here to ensure that you find the right business – one that’s uniquely suited to your needs and provides you with the platform for success. When searching for your pub, you will have total visibility of the financials, key features and property details involved. Call our Recruitment Team on 0800 953 0072 to find out more about the steps to taking a pub with Enterprise, or start your search straight away by visiting enterpriseinns.com.
All of our agreements are clear and transparent, enabling you to make an informed decision when starting your business. Once you have chosen your pub opportunity, your agreement will be discussed with the dedicated Regional Manager for your area. They will work with you to tailor your deal, ensuring you have the foundations you need to build a successful business.
Ranging from financial and property management advice to marketing support and the widest brand portfolio, our support complements your ability and is specifically designed to assist you in building a profitable sustainable business. We constantly evaluate the support available to you, ensuring you are equipped with the most relevant and up-to-date information and knowledge to help you run your business. Our industry award-winning training courses are continually developed and revised for your benefit; they are conducted by industry experts, throughout the year and across the country.
To find out more, call the Recruitment Team on: 0800 953 0072 or visit enterpriseinns.com
2
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
Angel Huntingdon
Sun Huntingdon 76 High Street, Ramsey, Huntingdon PE26 1BS
78 Hartford Road, Huntingdon PE29 1XG
Suitable for New Starter Suburban
Set right on the busy high street in the Cambridgeshire village of Ramsey, the Angel is a historic pub that combines character with convenience. The site has a contemporary styling story, yet retains many of the period features that contribute to its charm. It has a lounge and public bar, each with its own distinct ambience, and the trade kitchen allows for an ever-fresh food offer. The Angel also features spacious accommodation – and the £40,000 recently invested by Enterprise means the interior here is bang up to date.
Guide Rent: £15,000 Ingoing Cost: £8,750
George Huntingdon
The Sun has a real home-from-home ambience and for many of the regulars who frequent this community favourite, this pub is a second home. It’s where they come to play team games, to watch sport on TV, and to catch up with friends over a pint or two. The pub’s in a densely populated residential area of Huntingdon, and most of the trade comes from the immediate vicinity – though a car park provides space for those who arrive by car. The Sun’s interior is packed with features to please – and there’s an outdoor area to satisfy both smokers and sun-worshippers. What the Sun needs now is a Publican who can finesse the pub’s existing income streams to boost numbers at this comfortable and welcoming community venue. Guide Rent: £12,000 Ingoing Cost: £6,000
9 High Street, Fenstanton, Huntingdon PE28 9LQ
CAMBRIDGESHIRE
Suitable for New Starter Town / City Centre
Suitable for New Starter Rural Character Food Led Business
The George is a community pub located in the affluent Cambridgeshire village of Fenstanton. Close to the A14, it provides an ideal drop off point for travellers as well as being a popular watering hole for the local residents. This is a Grade II listed building, with a large open plan trading space boasting a host of period and character features. With two trading areas, a large garden and a car park, this diverse business offers plenty of scope to increase trade. The new Publican should utilise the kitchen and introduce food to complement the wet offer, bring in fresh ideas and drive sales upwards. Guide Rent: £20,000 Ingoing Cost: £13,000
Barge Inn Basildon
High Road, Vange, Basildon SS16 4ND
Experienced Publican Suburban
The Barge Inn is located on the busy High Road in Vange near Basildon. The pub has an impressive corner position and is one of only two pubs in the immediate area. This business opportunity is ideal for an experienced Publican who knows the area and is willing to become part of the community.
Guide Rent: £20,000 Ingoing Cost: £10,000
ESSEX
Admiral Jellicoe Canvey Island
283 High Street, Canvey Island SS8 7RS
Experienced Retailer Suburban Letting Accommodation
Admiral Jellicoe is situated amongst a number of shops and residential houses in Canvey Island. A very high volume wet led site, popular with the local community and passing trade for its sports and live music entertainment. This property is large and spacious throughout, with a number of trading areas including two bars, a beer garden, function room and substantial living accommodation. We are planning significant investment into this pub, therefore Enterprise is looking to attract an experienced operator to deliver the right retail proposition. Guide Rent: £34,950 Ingoing Cost: £15,700
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
3
Focus on pubs with
Food Led Opportunities.
With the trend of ‘eating out’ currently in growth, and the pub offering a quality local alternative to restaurants, now is a great time to be running a pub restaurant. Informal dining experiences that offer good quality food are in huge demand as consumers seek to enjoy a more relaxed experience than traditional white tablecloth restaurant. Enterprise has the largest portfolio of pubs in the UK, many of which are ideally located for providing such a food offer and ready to take advantage of this growing trend. To view more pubs that have trade kitchens, visit www.enterpriseinns.com
Bear & Bells Beccles
Swan Norwich 11 Old Market, Beccles NR34 9AP
Food Led Business Experienced Publican
4
Town / City Centre
Market Street, East Harling, Norwich NR16 2AD
Food Led Business Cask Ale Opportunity
Rural Character
The Bear and Bells, a public house since 1620, is perfectly nestled opposite the bus station in the historic and affluent town of Beccles, only minutes from the Heritage Coast. With an impressive facade, and beautiful period features within, the Bear and Bells has lost none of its historic appeal and is the epitome of the quintessential English inn. The pub represents a magnificent opportunity for a retailer wanting to build the food trade on the back of very strong existing wet led business.
The Swan is located in the village of East Harling approximately seven miles north west of Thetford. The pub is the focal point for the community with the bar supporting local trade and the restaurant attracting customers from outside the village with its traditional pub fayre. The Swan would suit applicants who are experienced in delivering good quality food, and who are also able to build wet trade and integrate with the local regular clientele, as well as driving in new trade.
Guide Rent: £22,000 Ingoing Cost: £12,000
Guide Rent: £14,000 Ingoing Cost: £11,500
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
Food Led Business Suitable for New Starter Town / City Centre
Maids Head King's Lynn
The Maids Head has the perfect location at the very centre of the historic town of King's Lynn, situated on the picturesque, recently refurbished market place opposite the theatre. Enjoying both busy daytime trade from shoppers and office workers and in the evening the area transforms with a wealth of bars which are frequented by all ages looking for an evening’s entertainment. The Maids Head is an authentic olde-worlde English inn and is packed with original features, from the unusual cast-iron brewery signs bolted to the front walls, to the exposed beams and timber flooring within. The site has a long history related to the brewing trade, having served as offices for Norwich Breweries, and the former office space on the first floor lends itself to the potential development of en-suite letting bedrooms, thereby adding another possible income stream. Every Saturday night sees the pub buzzing with crowds thanks to a well-known and popular live music slot.
7 Tuesday Market Place, King's Lynn PE30 1JL
Guide Rent: £26,500 Ingoing Cost: £17,400
Bull Norwich
197 Reepham Road, Norwich NR6 5QA
Food Led Business Experienced Publican Cask Ale Opportunity
A very large well-presented property surrounded by beautiful landscaped gardens situated in the residential district of Hellesdon, Norwich. Historically, the Bull Inn is a good draught volume site with a substantial food offer. This delightful pub is packed with a number of features, including a large U-shaped bar with an attractive back bar display, several seating areas and a beautiful decked area, overlooking the immaculate lawned gardens. Enterprise is interested in talking to individuals, who are experienced in driving and controlling a substantial business and a diverse quality offer to the local community. Guide Rent: £52,000 Ingoing Cost: £22,000
Buck Inn Norwich
55 Yarmouth Road, Norwich NR7 0EW
Food Led Business Experienced Publican Cask Ale Opportunity
The Buck Inn is a traditional pub in Norwich with easy access to the city centre and Broadlands Business Park. Situated next to the Thorpe St Andrew Parish church and residential housing, this attractive property is complete with an open fire, soft furnishings and a beautiful river view. Buck Inn is very popular with the local community for its pleasant atmosphere, traditional food and selection of beers, real ales and wines. There is further opportunity to expand on the food offering such as introducing a good quality breakfast menu in the mornings. Enterprise is looking for an experienced publican, who is familiar with the area and can maximise the potential investment. Guide Rent: £29,000 Ingoing Cost: £14,250
White Lodge Attleborough
London Road, Attleborough NR17 1AY
Food Led Business Cask Ale Opportunity Rural Character
The White Lodge is a very attractive public house situated just off the main A11 in Norfolk, on the main route into the market town of Attleborough. A traditional thatched property with good parking and extensive grounds, the pub is only one mile from the town and situated next to the popular Peter Beales Roses, ensuring a good amount of passing traffic. Ideally situated to maximise trading potential from locals, tourists, business travellers and visitors to the renowned nursery and Snetterton race circuit, the White Lodge can offer a new Publican the scope to continue with the good existing trade and develop this even further. Guide Rent: £39,500 Ingoing Cost: £15,850
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
5
Gallon Pot Great Yarmouth
Belle Vue Norwich 1-2 Market Place, Great Yarmouth NR30 1NB
Food Led Business Cask Ale Opportunity
46 St. Philips Road, Norwich NR2 3BL
Food Led Business Experienced Retailer
Town / City Centre
Cask Ale Opportunity
The Gallon Pot offers a rare chance to take on a striking pub in a fabulous location and is available either as a tenancy or a lease. This imposing Georgian property is an impressive two-storey red-brick building with a pitched tile roof and bold signage. Its location right in the centre of Great Yarmouth means it is a real tourist trap, and its spacious living accommodation means it is just as appealing to an operator as it is to patrons. This pub already trades at high volumes with a 50:50 split in wet and dry sales – now it’s the turn of a new operator to drive this delightful proposition forward by developing the function trade.
Situated within Norwich’s prosperous Golden Triangle – an affluent, cosmopolitan area packed with parks and upmarket housing and the centre for community activity – the Belle Vue is a fantastically positioned Victorian public house with a tempting range of amenities. This corner property offers a prospective tenant the chance to build upon a thriving wet and dry trade – cask ales do well here and the pub currently offers a traditional pub grub menu that’s driven by value. A new operator may wish to consider whether a little variety – seasonal specials, themed cuisine nights or a shift in emphasis onto locally sourced produce – could broaden the pub’s appeal.
Guide Rent: £13,000 Ingoing Cost: £9,550
Guide Rent: £39,000 Ingoing Cost: £15,750
Dolphin Inn Thetford
Food Led Business Cask Ale Opportunity Town / City Centre
35 Old Market Street, Thetford IP24 2EQ
The Dolphin is a delightful pub located approximately half a mile from the centre of Thetford and sits prominently on a main road through the area. This pub/restaurant has been refurbished to an excellent standard and is stunningly maintained and presented throughout. The pleasant surroundings of this pub attract the local community and passing trade to enjoy the tasteful food offering and to socialise over a pint of good quality real ale. Ideally, Enterprise is looking for an experienced Publican to build on current trade levels - particularly with food experience. Guide Rent: £25,900 Ingoing Cost: £15,450
Bell Inn Norwich 3 Lower Street, Salhouse, Norwich NR13 6RW
Food Led Business Suitable for New Starter Cask Ale Opportunity The Bell is a multifunctional pub that is as appealing to holidaymakers as it is to locals. Situated in the heart of the affluent village of Salhouse, approximately five miles from Norwich, the pub is close to the holiday paradise of the Norfolk Broads, as well as Woodfordes Brewery in the neighbouring village of Woodbastwick, which attracts visitors with its tours. The Bell has a varied internal trading space that is full of original features, and the large car park and beer garden add to its appeal. For the Bell to fulfil its potential, it requires an operator with a background in catering who can make this into a destination dining choice that will attract diners from miles around, while strengthening the cask side of the business to bolster the real ale income stream. This pub is so perfectly located, it could easily turn into a big attraction – all it needs now is someone who can really put it on the map.
Guide Rent: £12,000 Ingoing Cost: £11,250
6
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
Market Place, Boston PE21 6NF
Experienced Publican Town / City Centre
The Stump and Candle is a peach of a pub that couldn’t be better situated, attracting everyone from faithful locals, to thirsty shoppers seeking a break from retail therapy, to tourists attracted by its appealing Georgian-style frontage and eye-catching A-board signage advertising wet deals and food. There is plenty of exposed brickwork and timber throughout, and the property has clearly been well cared for over the years – it is cleverly balanced in its styling, with many original features retained, yet still offering a contemporary ambience.
LINCOLNSHIRE
Stump And Candle Boston
Guide Rent: £23,000 Ingoing Cost: £13,750
Suitable for New Starter Cask Ale Opportunity Neighbourhood
Nelson Norwich
Situated just outside Norwich’s inner ring road and surrounded by lots of mixed-demographic housing, the Nelson is a community pub that’s trusted by its regulars to provide a warm welcome and a well-pulled pint. Cask ale is a major feature of this pub, and team games are another reason for folks to spend the evening at this friendly, traditional pub – pool, darts and crib are all played here. There is scope to develop a basic food offer – tempt folks in with appetising and affordable meals, both at lunchtime and in the evening, and you may well find one of the keys to a more prosperous future for the Nelson.
122 Nelson Street, Norwich NR2 4DR
White Horse King’s Lynn
NORFOLK
Guide Rent: £15,000 Ingoing Cost: £8,750
Boundary Public House Norwich 9 Wootton Road, King’s Lynn PE30 4EZ
Suitable for New Starter Suburban
414 Aylsham Road, Norwich NR3 2SA
Experienced Publican Suburban
Set in a prominent position on Wootton Road in the thriving market town of Gaywood near King’s Lynn, the White Horse is a fine-looking pub that attracts plenty of faithful drinkers, so trading figures are already excellent. Next step should be to introduce a food offer that will tempt in a wider variety of patrons. This property could so easily be more appealing to families, older patrons, occasion diners or even afternoon coffee drinkers. An operator with experience of marketing, in a variety of fields, should see plenty of potential ways to reach out to new market sectors and welcome them into the fold.
The Boundary is a prominent community local, situated on the busy intersection of the Norwich ring road and the A140 major arterial route from Norwich airport to the city. Surrounded by a good mix of local authority and owner occupied housing, the pub benefits from a great family garden and ample car parking. The internal trading area features two bars, one currently used as a function room, and the other segmented into a comfortable lounge area, twin table pool area and a purpose built stage.
Guide Rent: £22,000 Ingoing Cost: £11,500
Guide Rent: £25,000 Ingoing Cost: £13,250
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
7
Queens Head Wymondham
Suitable for New Starter Cask Ale Opportunity Food Led Business
2 Bridewell Street, Wymondham NR18 0AR
The Queens Head is situated just off the market place in the bustling Norfolk market town of Wymondham, and presents an excellent opportunity for a new operator to establish and develop a multi-faceted business. Historically, this house has focused on wet trade but with modest investment in equipment, a good catering operation could be introduced. A self-contained and previously underused function room (with its own bar) further enhances the potential of this pub. Guide Rent: £25,000 Ingoing Cost: £12,250
Crown Norwich
Suitable for New Starter Neighbourhood Set in a densely populated suburban area with a small parade of busy shops opposite, the Crown is a community local which attracts drop-in as well as regular trade. It’s a striking pub with an eye-catching half-timbered gable and great signage advertising the pub’s main attractions such as the beer garden, which is the ideal place for parents to soak up the rays while the children play on the lawn. The pub has a substantial footprint with three bars, and an astute operator could increase profits by introducing a wellconsidered food offer to back up the wet trade.
NORFOLK
79 Norwich Road, Norwich NR5 0EU
Guide Rent: £20,000 Ingoing Cost: £10,000
Feathers Great Yarmouth
1 Market Gates, Great Yarmouth NR30 2BG
Experienced Publican Cask Ale Opportunity Town / City Centre
The Feathers is a centrally located, compact and well-appointed wet-focused pub in the centre of Great Yarmouth with banquet seating, a small beer garden, and recently renovated toilets. The pub has a reputation as the best drinker’s pub in Great Yarmouth consistently achieving barrelage of nearly 250 brewers barrels a year and we expect this to continue. The potential is there for the right Publican to increase the viability of the business outside 9-5 hours by building the late night trade and offering an opportunity for younger drinkers to enjoy the premises. The pub has a cavernous cellar and a reputation for well-presented and maintained lagers and cask ales. Guide Rent: £23,000 Ingoing Cost: £11,750
Kings Norwich
27-29 King Street, Norwich NR1 1PD
Experienced Publican Cask Ale Opportunity Town / City Centre
Set in a prime location to trade at high volumes from morning through to night. During the day, a strong lunchtime offer of sandwiches, light meals and perhaps coffee and cakes should tempt in workers from nearby offices, as well as tourists visiting the nearby castle and shoppers at Castle Mall shopping centre. The headquarters of Anglia TV is close by, and the Kings would prosper from becoming the lunchtime venue of choice for the staff here. As night falls, the nearby Prince of Wales Road is a hotspot for evening drinkers, whether for an after-work pint, or to make a night of it. Guide Rent: £26,000 Ingoing Cost: £11,500
8
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
Pubs have always offered accommodation; it is hardly a new market. But, with all the focus on food, this potentially lucrative revenue stream has often been overlooked. We continue to invest with our Publicans adding and upgrading letting rooms. Done well, this is a long-term revenue source for our Publicans. To view more pubs that have letting rooms visit www.enterpriseinns.com
Focus on pubs with
Letting Rooms. Dickleburgh Crown Diss
Flintknappers Brandon The Street, Dickleburgh, Diss IP21 4NQ
Letting Accommodation Experienced Publican Rural Character
1-3 Market Hill, Brandon IP27 0AA
Letting Accommodation Food Led Business Experienced Publican
The Dickleburgh Crown is a Grade II listed, two-storey detached public house located in the village of Dickleburgh. This is a delightful property steeped in history and rich in atmosphere, with exposed beams and two log burning stoves, offering a new Publican the opportunity to build on the existing trade and make the Dickleburgh Crown the first choice in the local area for drinking and dining. With its enviable position of being the only pub in the village, superb internal and external trading areas and a barn conversion with four excellent en-suite letting bedrooms, this is a business opportunity not to be missed.
The Flintknappers is an important and very successful hub in the centre of Brandon, refurbished and re-launched in February 2012. The pub is a high volume venue in great condition, and all fixtures and fittings were installed new as part of the refurbishment. Well known for live music, discos and karaoke, the pub also boasts a large trade area for drinking, dining and games. The compact trade kitchen is well-equipped and provides great potential to expand the food offer. Three refurbished en-suite letting rooms are a welcome addition to the Flintknapper’s portfolio of potential.
Guide Rent: £14,000 Ingoing Cost: £12,000
Guide Rent: £24,000 Ingoing Cost: £15,000
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
9
Your agreements There are two types of agreement available when starting a pub business with Enterprise: Managed Tenancy (Beacon) Competitive local retail prices and
guaranteed gross profit margins Enterprise will redecorate and refurbish the property You will receive on-going marketing and retail standards support Greater levels of support for your business You will operate on an initial Tenancy At Will agreement for up to 12 weeks. You can then change to a fixed term tenancy of up to 5 years
Retail Partnership Tenancy Shorter agreements for a fixed term of up to 5 years Enterprise is responsible for all repairs to
the exterior structure and services Rent is subject to annual indexation by
reference to the Retail Price Index Option to be free of tie on wines, spirits, minerals,
packaged lager and packaged cider via tie release fees
The Code of Practice Each prospective Publican has sight of the Code of Practice: an accredited document designed to ensure complete transparency throughout the application process. It sets out our commitments to you, setting out in the simplest possible terms the way in which we will work together with you for mutual success in your Enterprise pub.
10
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
About us
Steps to taking a pub with Enterprise
We are the leading leased and tenanted pub businesses in the UK with a portfolio of over 5,000 pubs. We have a team of around 500 people dedicated to supporting and empowering our publicans to run great pub businesses. We are committed to providing our publicans with exceptional levels of service and support, our people with a great place to work and our suppliers with a trusted partner to do business with.
Running a pub is a serious business and we want to make sure that you are fully aware of the challenges that lie ahead. There are five simple steps to becoming a Publican, with support from the Enterprise team available to you at every step along the way. These steps are accredited by our Code of Practice to ensure you have complete transparency from day one.
1
Choosing the right pub business for you Think about the type of pub to best suit your skills and personality, this is the first step towards running your own business.
2
Fact finding / getting started From ensuring you have all the documents you need, writing a shortlist to visiting the pubs yourself.
3
Let’s meet and talk Once you have a chosen a pub, our Recruitment Coordinators will discuss your shortlist and ideas to ensure you’re right for your choice of pub.
4
Planning your pub business Now it’s time to start thinking about preparing a marketing plan, together with a business plan, including a profit & loss account and cash flow, with a trade accountant.
5
Agreeing your terms You and the Regional Manager, or Divisional Recruitment Manager, will discuss our Pub Business Assessment together to shape an agreement that best suits the needs of your new pub business.
6
To find out more, call the Recruitment Team on:
0800 953 0072 or visit enterpriseinns.com
Planning for your first few weeks in your new pub It’s almost time for you to start your exciting career as an Enterprise publican. A handover is agreed to guide you through the process of taking the reins.
7
Making your business a long-term success We look forward to giving you all the support you need to grow and develop your business.
Visit www.enterpriseinns.com or call the recruitment team on 0800 953 0072
11
Great Pubs Great Publicans Happy Customers Why not come along to one of our enterpriselive Shows and meet with the Enterprise Team and suppliers.
24
FEBRUARY
Glow at Bluewater Kent, DA9 9SG
3
Ricoh Arena Coventry, CV6 6GE
5
UWE Exhibition Centre Bristol, BS34 8QZ
MARCH
MARCH
10
Bolton Arena Bolton, BL6 6LB
12
Leeds United Elland Road, LS11 0ES
19
Wembley London, HA9 0WS
MARCH
MARCH
MARCH
Enterprise Inns Plc 3 Monkspath Hill Road, Solihull, West Midlands B90 4SJ T: 0121 733 7700 enquiries@enterpriseinns.com Registered in England & Wales No. 2562808
We would like to talk to you about some exciting opportunities Call: 0800 953 0072 | enterpriseinns.com