Run a Star Pub - Three Tuns Bishops Castle - Shropshire

A substantial refurbishment project of around £485,000 is planned to transform The Three Tuns into a premium local pub with food, sport and entertainment at its heart. The pub is located in Bishop’s Castle, a market town in Shropshire, England, with a population of 1,893 and only four other nearby pubs, providing a strong potential for success.

Features

• Catering Kitchen
• Function Room
• Investment Tenancy
• Cask Ale
• Outdoor Trade
• Refurbishment Planned

Trading Area & Facilities (post‑refurbishment)

• Main trading area with bar
• Separate dining room / meeting room
• Approx. 110 internal covers
• Approx. 18 external covers
• Catering kitchen
• Function room
• SmartDispense
• Courtyard outside trading area

When Refurbished, The Three Tuns Will Offer

• Drinks: Full Heineken range, Three Tuns Brewery ale, premium spirits and a variety of soft drinks.
• Food: Great British Pub Food menu with hearty classics.
• Coffee: Full‑on barista‑level coffee experience.
• Events: Lively entertainment and events held in the function room on weekends.

Requirements

• Extensive experience in a destination hospitality business.
• A clear vision for food & drinks menu, marketing strategy and entertainment offer.
• Ability to create a memorable experience for customers.

Investment Information

• All refurbishments are subject to final board approval as part of the leasing process.
• Investment Exemption: Market Rent Option lease will not be available at rent review for up to seven years.
• No private accommodation.

Pub Financials

• Indicative entry costs: £57,951
• Annual estimated turnover: £848,443
• Annual rent: £57,803
• Deposit: £14,451
• Estimated fixtures & fittings value: £30,000
• Stock valuation: £10,000
• Working capital required: £3,500
• All figures are exclusive of VAT and will be finalised as part of the commercial agreement.
• Additional ongoing charges: property maintenance, repairs fund, SmartDispense.
• For operators trading under a Limited Company with no guarantors, a 6‑month rent deposit will be required.
• Applicants must have a minimum of £10,000 un‑borrowed funds.