Union Inn Newton Abbot
Summary
The Union Inn presents a fantastic business opportunity for a hospitality professional to manage their own pub. With its welcoming atmosphere and entertainment, this venue offers plenty of potential for growth.
Description
Located on the busy East Street run, the Union Inn benefits from plenty to attract customers throughout the day and evening. Its prime position makes it an ideal choice for anyone looking to establish a pub business in Newton Abbot.
The Union Inn features dedicated spaces for pool and darts and offering the opportunity to develop a vibrant gaming experience. This makes it a popular destination for social gatherings and steady customer engagement.
In addition to entertainment, the pub includes a compact functional kitchen, perfect for serving breakfasts and traditional pub food throughout the day.
Whether you have prior hospitality experience or are new to the trade with the passion to succeed, this is your chance to take on a thriving pub in a prime location.
Key Features
• Inside the pub comprises one u-shaped bar within the main trading area, which can accommodate up to 40 covers. The décor is traditional with exposed beams and brickwork offering a cosy ambience. The trade kitchen is compact but well-equipped to support a good food offer.
Business & Financial Information
• Estimated ingoings (upfront): £4,545
• Full deposit: £3,750
• Agreement fee: £795
• Guide rent (weekly): £288
• Guide rent (annual): £15,000
• Forecast turnover (weekly): £377,786
• Forecast turnover (annual): £377,786
Ideal Operator
This opportunity would suit an experienced or new publican, ideally with local knowledge and some food experience. An operator who has the skills to drive the business by arranging local events and generating interest by marketing live sports activity is essential to The Union Inn's success.
Private Accommodation
The private accommodation on the first floor comprises of two double bedrooms, a large kitchen and bathroom en suite and generally in good condiiton.
Regional Manager's Thoughts
The Union Inn requires a publican with plenty of energy. The business focuses on providing exceptional value for money for guests through all three income streams, so if you want to run a gastropub then this isn't the right one for you. If you are looking for a high tempo pub with plenty of fun then please get in touch! This could be an ideal opportunity for both someone coming new into the trade, or an experienced operator.
Surrounding Area
The pub is centrally located in the town centre, just off the main retail area and at the end of the famous East Street run. Newton Abbot racecourse is less than two miles away, which is the most westerly racecourse in Britain. Newton Abbot is a short drive to both Exeter and the beautiful Torbay Riviera and a 30 minute drive to award winning Beaches. You can also reach the icnoic Dartmoor area via a short car journey.
Upfront cost
£4,545
Cost type:
Upfront
Key facts
Upfront cost
£4,545
Turnover (annual)
£377,786
Rent
£15,000 (annual)
Location
6 East Street, Newton Abbot, Devon TQ12 1AF
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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