|
Running your own pub:
Do you have the funds needed ?
Renting a pub offers one of the lowest cost ways of running your own business because you do not have to buy your own property. However it does still require a level of funding to support your working capital, provide a security deposit, purchase (or rent) fixtures and fittings together with any other expenditure you may identify in your business plan.
The level of funding needed depends on the pub and you will find estimates provided when searching our web site for available properties – typically funding required will start from a minimum of £20,000 but can be considerably higher in larger food based Pubs requiring more equipment.
In most cases Punch will fund any investment required to improve the property as part of the letting agreement so you do not need property investment capital to rent a pub.
If you decide to apply for a pub with Punch we will carry out a credit history check and ask for proof of funding to support your application. |