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Walkabout Plymouth

Pubs & Bars • 5 Union Street, Plymouth, Devon PL1 2SU Management opportunity
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Summary

This large, high-energy city-centre venue in Plymouth offers an exciting opportunity for an experienced operator to take on one of the city’s busiest late-night and live-sports destinations.

Description

This large, high-energy city-centre venue in Plymouth offers an exciting opportunity for an experienced operator to take on one of the city’s busiest late-night and live-sports destinations. Situated in a prime position surrounded by other bars and restaurants, the site benefits from strong footfall day and night. Inside, the spacious open-plan layout features a single, expansive bar serving a wide range of drinks — from draught beers and cocktails to low and no-alcohol options. The venue is built for atmosphere, with multiple large screens showing live Sky and TNT Sports, making it one of the best places in Plymouth to catch big games and major tournaments. While the site thrives on its wet-led trade, it’s equally well-set up for food, offering both hearty main meals and light snacks that appeal to groups and casual diners. As evening falls, the venue comes alive with live entertainment, themed nights, DJ sets, and live music, attracting a diverse audience from students to young professionals and visitors to the city. With its central location, loyal following, and proven trading format, this site is perfectly placed for an ambitious publican to run a high-volume sports and late-night venue in Plymouth and build on its reputation as one of the city’s go-to social hubs. Key Features • 1. Prime Town Centre Location • 2. High Turnover Venue • 3. Sports Hub: Renowned for its live sports coverage, with multiple large screens showing all major sporting events • 4. Live Entertainment Focus: Regularly hosts live music, DJ nights, themed events, and parties. • 5. Spacious Venue Business & Financial Information • Estimated ingoings (upfront): £22,295 • Full deposit: £21,500 • Agreement fee: £795 • Guide rent (weekly): £1,654 • Guide rent (annual): £86,000 • Forecast turnover (weekly): £21,754 • Forecast turnover (annual): £1,131,228 Ideal Operator We need a passionate publican who has experience managing a high-volume venue or the drive to succeed in a fast-paced environment. Ideally, someone who would understand the importance of live sport and entertainment in driving customer loyalty. Dedicated to providing exceptional service and fostering a welcoming atmosphere, and someone who Is eager to maintain and grow the food offering to further enhance profitability. You must have experience running a business similar to this and be able to demonstrate that you have the skills, passion, and business acumen to drive success.  Private Accommodation There is a small bedsit along with a one-bedroom manager/accommodation with a kitchen, bathroom and lounge. Regional Manager's Thoughts Rare opportunity to take over such a well-known, high-turnover opportunity targeting a broad customer base Taking on the tenancy of this site represents a high-energy, high-impact opportunity right at the centre of Plymouth. This site is well-known for its atmosphere, prime location, and broad appeal, and for the right operator, it offers exceptional trading potential across multiple dayparts.  Surrounding Area Plymouth is a vibrant coastal city in Devon, well known for its lively nightlife, diverse entertainment scene, and strong mix of students, locals, and tourists. As a university city, Plymouth enjoys a consistent influx of young adults and professionals, creating reliable trade throughout the year. The venue is located close to the pedestrianised shopping centre, giving it excellent visibility and high footfall from shoppers during the day and revellers in the evening. Plymouth’s nightlife is famously varied — from laid-back pubs and live music venues to bustling clubs and cocktail bars — making this location a natural hotspot for socialising. Beyond its student energy, Plymouth also attracts large numbers of visitors thanks to its waterfront setting, historic landmarks, and major events like the UK Fireworks Display Competition, which brings thousands of people into the city each year. This combination of tourism, student life, and steady daytime trade makes Plymouth one of the most exciting and commercially dynamic locations in the South West for anyone looking to run a busy pub or late-night venue.

Upfront cost

£22,295
Cost type: Upfront

Key facts

Upfront cost
£22,295
Turnover (annual)
£1,131,228
Rent
£86,000 (annual)

Location

5 Union Street, Plymouth, Devon PL1 2SU
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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