​This agreement gives you the opportunity to benefit from a capital refurbishment, at the onset of your agreement, made by us, in consultation with yourself and being able to assign the lease after two years.Key features include:<ul><li>A fixed 10 year lease agreement</li><li>Substantial investment funded by Stonegate at the outset of the lease to support you in growing the pub’s trading potential</li><li>Fully assignable after two years</li><li>Flexibility of drinks tie to suit your business, with the ability to utilise tie release fee’s from a fully tied basis</li><li>Flexible credit terms, weekly billing and the ability to spread costs such as Buildings Insurance</li><li>Open Market rent review at year 5 with the ability for rent to be rebased either upwards or downwards in line with the market.</li></ul>

Partnership Investment Lease

One of our most popular agreements that gives you the freedom and flexibility to run your new pub business, your way.&nbsp;Key features include:​<ul><li>A flexible term of up to 5-years with the inclusion of notice provisions throughout</li><li>Flexibility of drinks tie to suit your business, with the ability to utilise tie release fee’s from a fully tied basis</li><li>Peace of mind with Property Repairs with Stonegate looking after all structural repairs (and you keep the rest up to scratch)</li><li>Low cost ingoing’s with deposit requirements from as little as £2,000</li><li>Flexible credit terms, weekly billing and the ability to spread costs such as Buildings Insurance</li><li>Access to a suite of dedicated training solutions developed with the insight of operating our successful managed house estate in order to support you in running your own business.</li></ul>

Retail Partnership Tenancy

This agreement gives you the opportunity to secure a ten year lease with potential to earn an incentive payment at the end of 10 years and&nbsp;assign the lease after two years.Key features include:<ul><li>A fixed 10 year lease agreement</li><li>The opportunity for substantial end of term incentive bonus which can be transferred&nbsp;upon assignment</li><li>Fully assignable after two years</li><li>Flexibility of drinks tie to suit your business, with the ability to utilise tie release fee’s from a fully tied basis</li><li>Flexible credit terms, weekly billing and the ability to spread costs such as Buildings Insurance</li><li>Freedom of choice between an Open Market or Annual Indexation Review for your year 5 rent</li></ul>

Partnership Incentive Lease​

Our self-employed agreement helping pub lovers to access low-risk, high-reward potential opportunities to run pubs they love. Pubs on this agreement are community-locals often with an emphasis on sport, entertainment, and community work. These agreements are perfect for aspiring publicans who want to run their own business, within a supportive partnership with the UKs largest pub company by their side. This model is best suited to someone who wants to bring their personal flair to a predetermined business model while being incentivised and challenged to continuously grow their business.-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uncapped operator earning potential. Our agreements offer 4 distinct streams of available income outlined below-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industry leading profit share scheme, offering 10% of all year-on-year profit growth (uncapped)-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Quarterly machine profit share &amp; sales incentive payments-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A percentage of weekly net turnover to pay yourself and your staff-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Low risk agreement with ingoing costs of only a £500 deposit-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Open ended agreements with no fixed end date-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notice periods ranging from 4-8 weeks dependant on length of service-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On-site accommodation provided

Craft Union (Operator Led)

<ul><li>Option at selected sites to negotiate a lease that's free of tie for 10 or 20 years</li><li>Fully protected under Landlord and Tenant Act 1954, with the right to renew</li><li>You have full responsibility for repairs</li><li>Rent is subject to annual indexation to RPI</li></ul>

Commercial Lease (Free of Tie)

<h2>Fixed Term Tenancy</h2>This Tenancy provides a fixed term of 5 years, giving you the business certainty, freedom and flexibility to set up and run your pub business, your way.<h3>Key Features include:</h3><ul><li>A fixed term of 5 years without any landlord break option</li><li>Offers a greater flexibility with the tie – we have tie release options across Wines, FABs, Spirits and Minerals in return for a tie fee release, as well as providing absolute business certainty&nbsp;about the costs involved&nbsp;in the event of full tie release.</li><li>The Tenancy will enable you to operate machines, if you wish, and retain all the income</li><li>Peace of mind with&nbsp;property repairs with Stonegate looking after all structural repairs (and you keep the rest up to scratch)</li><li>Low-cost ingoings with deposit requirements from as little as £2,000</li><li>Flexible credit terms, weekly billing and the ability to spread costs such as Buildings Insurance</li><li>Access to a suite of dedicated training solutions developed with the insight of operating our successful managed house estate in order to support you in running your own business.</li></ul>

Fixed Term Tenancy

With a Beacon Retail&nbsp;Partnership Agreement, you will have the freedom to run your own pub business. We will provide extensive support to help you maximise the success of your new pub business. Your pub, with our support, a winning combination. Key features include:​<ul><li>An agreement which gives you the freedom to run your own pub business</li><li>Providing extensive support&nbsp;to help you maximise your business​</li><li>Being able to sell category leading brands at prices to suit your local community</li><li>Promotions and marketing support for key occasions</li><li>A try before you buy agreement of initially just one year in term&nbsp;</li><li>EPOS tills to help you control your business</li></ul>

Beacon Retail Partnership Tenancy

1. Will I be an employee of Craft Union Pub Company or Stonegate Group? No, you will set up your own Limited Company and will therefore be self-employed. Craft Union is owned and operated by Stonegate Group, who you will be partnering with when you become a self-employed operator with Craft Union, however you will not be employed by Stonegate Group.2. What is my earning potential?As a Self-employed operator with Craft Union, you will receive 18% of the net revenue of all wet products (including bar snacks) sold at the pub. Through maximising the incentives available, the overall earnings of the Ltd Company can increase ahead of 18% with uncapped potential. Incentives offered are listed below:<ul><li>Profit share scheme: After 12 months service operators are entitled to our profit share scheme where they will receive 10% of all in-year incremental profit growth</li><li>Quarterly machine profit share: operators will earn 10% of net profit from gaming machines. To be eligible operators must adhere to certain compliance behaviours</li><li>Quarterly sales incentive payments: used to recognise and reward our operators, operators can earn £250 - £2000 per quarter, based on sales performance against target</li></ul>3. What are the ingoing costs and are there any other costs that the Ltd company are responsible for?Our ingoing costs are a set £500 bond. We do not ask our Operators to invest their own money into our pubs. Craft Union will cover all costs associated with liability and business insurance. Other costs that are the responsibility of the Ltd Company are the payment of council tax and TV license on the private accommodation, your own contents insurance (for your personal possessions), and the payroll costs of your ltd company employees.4. Is accommodation provided for myself and my family?Yes, you will be provided with the accommodation above the pub. If the pub doesn’t have on-site accommodation, alternatives will be discussed.5. Am I responsible for stock ordering, paying for stock, and stock audits?As an Operator you are responsible for ordering stock and ensuring product availability for customers. You will manage stock in the business and complete regular in-house stock checks to assist with the management of stock. Craft Union will complete stock audits on a regular basis using our own audit team.6. Do I pay for my own security and entertainment?No, Craft Union will cover agreed upon costs for security and entertainment.7. Who is responsible for employing staff in the pub?The Operator's limited company employs all the staff. The operator is responsible for employing, training, and paying all their own staff. The operator decides labour hours and pay.8. How long is the contract?There are no fixed terms to our agreements. 9. What is the notice period?The agreement can be brought to an end by the Ltd. Company or Craft Union by providing 4 weeks’ notice. This notice period will increase by 1 week after every year of service to a maximum of 8 weeks. For those sites deemed high profit, the parties will need to give not less than 8 weeks’ notice to terminate. 10. Who looks after repairs in the pub?Craft Union are responsible for repairs.11. Do the pubs have set opening and closing times? Who decides these times?All pubs have mutually agreed opening and closing times.12. Can I run multiple venues with Craft Union?Due to the nature of our proposition, Craft Union do not work with multiple operators. This allows our operators to focus on running one pub and immersing themselves into that pub and the surrounding community.13. How do I apply to work with Craft Union?If you’re ready to apply to work with us, you can submit your pub specific enquiry online. Our recruitment process begins with a short phone interview with our specialist recruitment team, followed by a first stage interview with a Regional Manager, the production of a business proposal, and finished with a final stage interview with an operations manager.14. What Training &amp; Support will I receive?All new operators undergo a comprehensive training and induction programme to ensure you are set up for success. This includes a two-week in-house training programme at a centre of excellence, followed by a 3-month support plan, to continue your learning in your pub. During your two weeks in a centre of excellence you can expect to buddy up with a brilliant fellow operator who will provide you with all the knowledge you need from how our systems work to processes you’ll follow. Following this, your Regional Manager will work with you to create a 3-month post onboarding plan tailored to you. This will include a range of things such as coaching audits, stock taking, social media training and much more.

Operator Led

The ideal operator will have strong knowledge and experience working within the Southsea area, this knowledge and experience will be a great help in creating a connection with the locals and building stronger day-time trade. Having a strong understanding of the customer base is vital so that the right events and atmosphere can be successfully delivered in the pub. Due to this business being a successful late-night business, you would be able to successfully shift gears from community local in the day to vibrant high-volume venue in the evenings. &nbsp;The right operator would love the opportunity to run a multi-faceted business and come prepared with clear direction on how they will achieve strong day and evening sales consistently.

Lord FitzClarence

The Lord FitzClarence is situated on the Osborne Road. Close to the hustle and Bustle of Palmerston Road and famous amongst the town for its late-night disco and Karaoke. The pub underwent a beautiful investment in March 2023, giving the pub great curb appeal and a lovely atmosphere. The pub is perfect for year-round sports viewing with full Sky &amp; TNT sports packages as well as screens throughout the pub, the pub even offers booth seating with private screens, perfect for VIP group bookings! The refurb also kitted the pub out with a new illuminated darts board and pool table, which are just waiting for local teams to make the most of them. Finally, the pub has a great little beer garden out back with new picnic style benches and festoon lighting that can be enjoyed whatever the season.

About the Pub

Key Features

Business & Financial Information

Ideal Operator

Private Accommodation

Regional Manager's Thoughts

Surrounding Area

Resources

FAQs

Other Pub Opportunities Nearby