BusinessSales.ltd Logo

Rising Sun Barnstaple

Pubs & Bars • 29 Newport Road, Barnstaple, Devon EX32 9BQ Management opportunity
Listing image

Summary

The Rising Sun is a terrific site with great facilities located in the town of Barnstaple. It provides a modern offering of TV broadcasted sports, and hosts pool, skittles, and darts events throughout the winter months.

Description

The Rising Sun is a terrific site with great facilities located in the town of Barnstaple. It provides a modern offering of TV broadcasted sports, and hosts pool, skittles, and darts events throughout the winter months. The Rising Sun boasts a large beer garden which has large, decked areas that attract the community in the summer months. We look forward to speaking to prospective publicans who can further enhance this great proposition. Internally the large trade area has a contemporary design with fresh modern decor and a single servery. There is a cosy, welcoming area as you enter the pub, with bar stools and separate tables and chairs which is open plan and takes you to a separate more private room. A short flight of stairs leads into the skittle alley and pool room which is fitted with contemporary lighting and boasts two pool tables, which is why the pub has such a sports following in the community. There is a large trade kitchen upstairs and a fully functioning cellar. Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • There are three separate rooms, with variety of seating areas, with tables and chairs and bar stools. • The large beer garden is a very popular place in the summer months. It is separated into three dedicated areas; a decking area, a grassed area, and a more secluded area at the bottom of the garden which breaks up the space providing a relaxed atmosphere. • Excellently conditioned beer garden with tables and benches. • Sky Sports • Pool table and skittle alley Business & Financial Information • Estimated ingoings (upfront): £8,795 • Full deposit: £8,000 • Agreement fee: £795 • Guide rent (weekly): £615 • Guide rent (annual): £32,000 • Forecast turnover (weekly): £422,769 • Forecast turnover (annual): £422,768 Ideal Operator This would be a great pub for a first time publican who can really connect with the community and bring the fun back into the pub. This site has great potential to grow and grow initially driving the wet trade with sports, teams and locals and the perfect operator will be looking to inroduce food once settled. Private Accommodation There is a large living accommodation which is decorated to a high standard throughout which comprises of three double bedrooms, a living room and a large kitchen (which is the large trade kitchen. Regional Manager's Thoughts This a great opportunity for an established publican to enhance the business or maybe take it as as second site. Perfect for someone new to the trade and we would love to see what the perfect operator could do with this business. Surrounding Area The Rising Sun is a traditional community wet-led pub surrounded by chimney pots in the heart of North Devon’s County town of Barnstaple. The pub is a 10-minute walk from the main shopping arcades other pub and bar circuits and still only a 10-minute drive into Exmoor National Park or the surfing haven of Braunton. Barnstaple is a large town in North Devon surrounded by areas of natural beauty including Exmoor National Park, Braunton and Bideford. This establishment occupies a central location in the town, offering easy access to shops, public transport and parking.

Upfront cost

£8,795
Cost type: Upfront

Key facts

Upfront cost
£8,795
Turnover (annual)
£422,768
Rent
£32,000 (annual)

Location

29 Newport Road, Barnstaple, Devon EX32 9BQ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

Enquire

Message the seller. We’ll forward your details so they can reply directly.
By sending, you agree we may forward your message and contact details to the seller for this listing only.