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White Lion Braunton

Pubs & Bars • North Street, Braunton, Devon EX33 1AJ Management opportunity
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Summary

The White Lion is a perfect pub for a new starter or an experienced publican. Based in the hub of North Devon's town of Braunton, it is surrounded by a small boutique shops and pubs.

Description

The White Lion is a perfect pub for a new starter or an experienced publican. Based in the hub of North Devon's town of Braunton, it is surrounded by a small boutique shops and pubs. The White Lion is decorated traditionally throughout and there is a large function room upstairs with a separate bar. The function room can be used as a sports bar or a place to host quizzes and other private functions. The beer garden is a definite unique selling point for the White Lion, it is a secret rooftop terrace garden with a terrace and lawn and a barbeque area as there are only a handful of beer gardens in Braunton.  Key Features • Popular with locals  Potential to change the food offer to a traditional pub menu Large function room upstairs with a separate bar One of the few pubs with a beer garden in Braunton   Business & Financial Information • Estimated ingoings (upfront): £3,795 • Full deposit: £3,000 • Agreement fee: £795 • Guide rent (weekly): £231 • Guide rent (annual): £12,000 • Forecast turnover (weekly): £398,545 • Forecast turnover (annual): £398,545 Ideal Operator Stonegate Pub Partners are now seeking a highly motivated and enthuastic new starter or an experienced publican who can ensure this pub reaches its full potential. Sports and pub game focus is a definate plus and ability to attract and retain locals. Private Accommodation The domestic accommodation comprises of two double bedrooms and a family sized bathroom. However there are two other rooms upstairs which could be used as bedrooms, store rooms or office space. Regional Manager's Thoughts This is a fantastic traditional pub located in the heart of Braunton. During the winter months, the pub is extremely popular with the village locals and passing trade and in the summer there is a large influx of tourists to the area. There is the potential to put Sky Sports and TNT into this site; therefore I am looking for a highly motivated new or experienced publican looking for a new business venture. Surrounding Area Braunton is a large village in North Devon surrounded by areas of natural beauty including Exmoor National Park, Barnstaple and Bideford. The South West Coast Path National Trail links to the village and gives access to walks along the spectacular north Devon coast. The Tarka Trail also passes through the village. The White Lion has a nearby bus stop links and is close to the main Braunton campsite. The pub is situated opposite a car park and still only a 10 minute drive into Exmoor National Park or the bustling town of Barnstaple.

Upfront cost

£3,795
Cost type: Upfront

Key facts

Upfront cost
£3,795
Turnover (annual)
£398,545
Rent
£12,000 (annual)

Location

North Street, Braunton, Devon EX33 1AJ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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