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 pub benefits from a big car park including electric vehicle chargers and also has a large Garden area including a Kids play area. 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 ideal for food and drinks in the sunshine during summer.
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 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 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 site is currently trading around £8,800 per week 64/36 in favour of food.
We are looking for an operator or a couple who have strong food experience and ideally have worked in the kitchen and are confident to work a service if needed.
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.
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 dependant on business – ask us for more details*)
- Accommodation included with most bills covered, except the council tax & TV License.
If this is not the pub for you do you know someone who might be interested? If so, let us know using our Refer a Friend scheme and if they’re offered, we will give you a £1,000! (Terms & conditions apply)
