Yates Torquay

This really is a pub lover’s dream, housed in a large prominent building right on the sea front in Torquay. Yates is a large open plan pub that currently trades well, especially during evenings and late night.

This really is a pub lover’s dream, housed in a large prominent building right on the sea front in Torquay. Yates is a large open plan pub that currently trades well, especially during evenings and late night. Hosting a great position on the sea front it's a place to be for both locals and tourists during the busy holiday season. The site also benefits from an outside licence allowing guests to soak up the sun and creating a fabulous atmosphere people are drawn to when passing. As the evening draws in guests are always found enjoying the busy dance floor with the best live entertainment. Uniquely for Craft Union, Yates offers a pizza food offering only, so a great way to boost earning potential Key Features • Boosted Operator Earnings of 20% of net revenue: £124,800 – and that's just the baseline! • Supercharge Your Income: Take home an additional 10% of profit above budget when you manage a high-volume pub! This bonus recognises the extra effort required to run a thriving pub. • Important Note: We do not ask you to invest your own money into the pub. You simply pay a £2,000 bond. • Become a Craft Union Star: Increase your income by becoming a centre of excellence. • Free BII Membership • Be the Best: Win an all-expenses-paid trip to our yearly operator awards! • Join a Growing Family: Be part of Craft Union's rapidly expanding estate, partnering with the UK's biggest pub company. • Rent-free Accommodation (where applicable) • Full Utilities Paid: Gas, Electric & Water (for the entire building, including the accommodation) • Cost of Sky & TNT Sports Included (pay-per-view events agreed upon with your Regional Manager) • Security & Entertainment Packages Available (as agreed with your Regional Manager) • Business Rates Covered • Dedicated Support of a Regional Manager: Get ongoing guidance and support to develop your pub's proposition and build strong community engagement, leading to boosted sales opportunities. Business & Financial Information • Estimated ingoings (upfront): £2,000 • Full deposit: £2,000 • Forecast turnover (weekly): £624,000 • Forecast turnover (annual): £624,000 Ideal Operator This opportunity really does require a dynamic operator with experience of high energy and late-night propositions. Someone who loves sports and delivering the best sporting moments, who can easily transition into the evening, turning lights down and the music up to deliver the best late-night experiences. Creating the sort of atmosphere that has guests filling the dancefloor for the night. The ideal operator would have seasonal knowledge, essentially the ability to host and wow tourists, while still providing a strong reason to visit for locals throughout the year. Private Accommodation Probably the most stunning accomodation you'll ever come across, free of charge in a pub. The accomodation looks directly over Torquay harbour for the most stunning sea views. This consists of 2 bedrooms, a private living room, kitchen and bathroom. Regional Manager's Thoughts Regional Manager Emma says: Yates really is a tremendous pub with huge opportunity. The right operator will be able to deliver the best moments from open till close, whether that be through sports, quizzes, or weekend party nights. The pub requires a strong self-motivating operator to really place the Yates as the hub of Torquay. This is a completely unique opportunity with the pizza offerring available to generate alternative revenue streams so a solid background in food execution would be desirable. Surrounding Area The surrounding area is lively and scenic, offering a mix of attractions, dining options, and entertainment: Immediate Surroundings Nearby Attractions Atmosphere The area is vibrant, especially in the evenings, with pubs, live music venues, and cocktail bars. Yates itself often hosts DJ nights and live entertainment, making it a popular spot for nightlife.