Run a Stonegate Pub - Comet Hotel Scunthorpe, Lincolnshire

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About the Pub

The Comet Hotel is a large brick built detached traditional community public house located in a suburb of Scunthorpe surrounded by housing, close to local shops. The trading area comprises of a large lounge area with a conservatory extension for 50 covers and is traditionally decorated with a separate snug area which is used to showcase the Comet's entertainment schedule. The lounge area leads to a separate games room that has a pool table, darts board and TVs showing the latest football matches and sporting events, a popular space amongst the local community. The pub boasts a medium sized trade kitchen and a good quality food offering throughout the week would drive trade. Located on the first floor is a function space suitable for a wide variety of events which offers an extra source of revenue. The external area has been developed to attract trade throughout the year with gardens that provide an outside drinking area and play area for children. The private accommodation is located on the first floor and comprises of three-bedrooms, a lounge, kitchen and bathroom. Stonegate Pub Partners are seeking a community led operator who can introduce a quality food offering.

Business Information

Agreement: Fixed Term Tenancy
Capital Startup: Est. £14000
Fixtures / Fittings: Est. £6000
Guide Rent: £35000 pa
Potential Turnover: £441000 pa

Regional Manager's Thoughts

The Comet has been trading as a Beacon Managed Tenancy for over five years and has successfully built a loyal following in the local community. The introduction of a homecooked menu offering can potentially develop sales further. Having a good level of participation with community activity and entertainment is essential. Publicans should be the centre of the community and need to keep abreast of events in the local area.

Surrounding Area

The pub is located a short distance from the bustling town centre in a densely populated residential area. It is surrounded by a mixture of privately owned and local authority housing. There is a primary school and college nearby and a bus stop opposite the pub and a small parade of shops lies adjacent to The Comet which includes a small supermarket, takeaways and hairdressers

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