Pub Overview
The Old John Peel offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential.
What would you do with this pub to make it even more of a success?
The area
The pub benefits from being one of several pubs found in an area of around 3,000 adults within a 20-minute walk. The customer base is a mix of tourists and a smaller local population.
Located in the heart of Bowness-on-Windermere in the Lake District, the Old John Peel enjoys a prime location opposite the Beatrix Potter visitor centre and beside the village’s main car park. With over 15 million day visitors to the Lakes each year, this high-footfall area offers excellent year-round trading potential.
The offer
The Old John Peel is available on our investment tenancy agreement.
We’re carrying out a full internal refurbishment to enhance its character and bring out the feel of a traditional Lakes pub. Externally, we’re undertaking a sympathetic redecoration, with upgraded signage and improvements to the roof garden - including creating a new entrance to increase accessibility and appeal.
This rare opportunity to run a pub in the heart of Bowness would suit an experienced food-led operator looking to deliver great service in an unbeatable location.
We’re always open to new ideas - what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the Old John Peel will have extensive experience in hospitality businesses. They will have a clear vision for their food offer, team culture and guest experience, and can create a memorable Lakes pub environment for locals and visitors alike.
Features
* Investment Tenancy
* Refurbishment Planned
* Catering Kitchen
* Cask Ale
* Live Sports
* Outdoor Trade
* Private Accommodation
* Music Venue
Trading Area & Facilities
The Old John Peel will be undergoing a refurbishment which will cover the internal and external areas of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub’s trading area and facilities post refurbishment will be:
* Main trading area with bar
* 73 internal covers
* 38 external covers (including roof garden)
* Fully equipped catering kitchen
* HEINEKEN SmartDispense
* Garden/roof terrace
* No car park
Private Accommodation
Private accommodation consists of 2 bedrooms, kitchen, bathroom, lounge, toilet and office.
Pub Financials
Estimated Total Ingoing Costs: £65,974
Estimated Minimum Ingoing Costs: £65,974
Annual Rent: £49,896
Estimated Annual Turnover: £666,256
Deposit: £12,474
Estimated Fixtures & Fittings Value: £40,000
Estimated Stock Valuation: £10,000
Estimated Working Capital: £3,500
Note: The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
Downloads
* Demographics Report
* Energy Performance Certificate
* Refurbishment Details
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