Farmers Union Exeter

The Farmers Union is a large, obvious property situated in a great location just outside of Exeter City Centre and close to Exeter University, Exeter College and student accommodation.

The Farmers Union is a large, obvious property situated in a great location just outside of Exeter City Centre and close to Exeter University, Exeter College and student accommodation. It is positioned in easy access of Exeter St David's and Exeter Central Stations and is on route from both the college and university to the city centre. This pub has a traditional/contemporary feel with the bar counter situated at the back of the pub on the ground floor. The table and chairs are well laid out to create a casual dining feel, with an attractive fireplace adding some character. The fully equipped kitchen is to the right of the bar counter, easily accessible to the customer areas. The business also benefits from tables and chairs outside at the front of the pub and a small patio area at the back of the pub. Although the pub does not have its own car park, there is an NCP directly opposite. The pub is a one-bar operation with the bar situated at the back of the pub on the ground floor. The tables and chairs are well presented to create a casual dining area with an attractive fireplace, adding some character and offering a warm welcome in colder months. There is a fully equipped trade kitchen to the right of the bar servery, easily accessible for the customer areas. There is a carvery unit located on one side at the rear of the pub, which is used to service multiple covers on a Sunday. A pool table is normally in use, but this has been removed for the time being in order to create more seating for customers. There are also 12 well-appointed en-suite letting bedrooms on the first and second floors that sleep up to four people – these are popular with both contractors and the visiting families of students. There is a reasonably sized patio area to the front and back of the pub with 14 tables in total. A Pay and Display car park is situated immediately opposite The Farmers Union, with space for approximately 30 vehicles. Key Features • Large pub close to the centre of Exeter • 12 en-suite letting rooms in good order • Fully equipped trade kitchen and carvery unit • Good-sized patio areas to the front and back of the pub • Discounts of up to £120 per barrel with an average of £100 per barrel Business & Financial Information • Estimated ingoings (upfront): £14,045 • Full deposit: £13,250 • Agreement fee: £795 • Guide rent (weekly): £1,019 • Guide rent (annual): £53,000 • Forecast turnover (weekly): £692,580 • Forecast turnover (annual): £692,579 Ideal Operator Ideally we are looking for an experience leased and tennated operator with a solid background of driving both food and wet sales, events experience would be helpful and a background in letting rooms and maximising profit with accomodation due to the large number of letting rooms.  Private Accommodation There are a couple of rooms upstairs that are currently used for private accommodation, and both are appointed with en-suite bathrooms. Regional Manager's Thoughts The pub has a good local trade and attracts students from both the University and the college. The new publican should build upon this custom and attract more local business, including young professionals, during the evening, whilst driving lunchtime and mid-afternoon trade, from passing footfall, with daily promotions. The pub business would benefit from an experienced publican to develop current levels of trade. There is great potential to generate business by introducing a good value food offer and by promoting the letting g bedrooms. Surrounding Area The Farmers Union is an imposing pub located close to the bustling and vibrant Exeter city centre, close to transport links and within easy access of Exeter College and Exeter University. The nearby student accommodation provides an abundance of customers and huge potential for the pub as does the constant flow of passing footfall.