White Lion Exeter
Summary
This charming pub, set in the heart of the rural Devon countryside, presents a fantastic business opportunity for those yearning for their own taste of the good life!
Description
This charming pub, set in the heart of the rural Devon countryside, presents a fantastic business opportunity for those yearning for their own taste of the good life! The pub is situated on the main road in the town of Bradninch, which, in turn, is just a short drive from Cullompton. The White Lion boasts the fantastic original features you would expect of a traditional town pub, including a welcoming open fireplace, low ceilings, and exposed beams and brickwork. The main bar hosts international brands and cask ales, the latter being a real focus in the local area. Here you will find AWP games machines and television screens, regularly showing live sports as well as the occasional live performance from a local band. The pub also boasts a function room to the rear of the property that features a pool and darts room, perfect for publicans seeking additional revenue. There is also a commercial kitchen that would suit a small traditional pub menu. The external trading area consists of a small patio area with space for a handful of picnic benches and a much larger covered seating area for at least 80 customers. In addition, there is a large and mainly undeveloped plot of land to the rear of the pub, which could become a showpiece for the business with the potential to include glamping/camping and be used as a location for outdoor events and functions.
Key Features
• Charming pub situated in a picturesque town
• Function room, perfect for additional trade
• Trade kitchen ideal for developing a traditional food offer
• Three-bedroom private accommodation ideal for a family
Business & Financial Information
• Estimated ingoings (upfront): £5,295
• Full deposit: £4,500
• Agreement fee: £795
• Guide rent (weekly): £346
• Guide rent (annual): £18,000
• Forecast turnover (weekly): £311,364
• Forecast turnover (annual): £311,363
Ideal Operator
Stonegate Pub Partners is seeking a community-driven publican to take on this lovely local pub.
Private Accommodation
Fully refurbished and spacious living accommodation with two double bedrooms, a single bedroom, lounge, kitchen and a bathroom, perfect for a family.
Regional Manager's Thoughts
The White Lion is a traditional town pub on the outskirts of Cullompton, with a loyal customer base. The new publican should be community-minded and have experience in marketing and holding small events, with wet trade knowledge being advantageous.
Surrounding Area
The White Lion is located in the historical town of Bradninch in the beautiful Culm Valley, three miles south of Cullompton and eight miles north of Exeter. The picturesque town is mentioned in the Domesday Book of 1086 and was a former manor in Devon. Surrounded by farmland, the village has a population of approximately 2,400 people. There is a strong music and arts presence in the town, which is showcased in the annual Music Festival held in June. There are a handful of shops, a church, and a school, all within walking distance of the pub.
Upfront cost
£5,295
Cost type:
Upfront
Key facts
Upfront cost
£5,295
Turnover (annual)
£311,363
Rent
£18,000 (annual)
Location
26 High Street, Exeter, Devon EX5 4QL
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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