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Devonshire Arms Bath

Pubs & Bars • 139 Wellsway, Bath, Somerset BA2 4RY Management opportunity
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Summary

This is an amazing opportunity to work on the development of a site and new concept with us ! As it stands the Devonshire is a simple boozer....

Description

This is an amazing opportunity to work on the development of a site and new concept with us ! As it stands the Devonshire is a simple boozer.... with so much potential for more!!!! The traditional pub has a separate bar and lounge, two outside drinking spaces, a medium sized trade kitchen and upstairs snooker hall with full sized tables. Fully integrated into the local community, this pub has a strong games offering and is well supported by skittles and pool teams, as well as several local groups, and catering for local parties and functions.  We have plans to take forward a significant refurbishment to the pub including new exterior signage, new toilets and a revamp of both bar areas. We need a focussed and entreprenurial publican to work with us on this project and really unlock the potential!  Key Features • Exciting investment planned as part of the agreement! A compact outdoor drinking area with scope to extend Two seperated bar areas for drinking and dining, with a great potential for sports and dining  Internal and external refurbishment planned Discounts of up to £120 per barrel with an average of £100 per barrel Business & Financial Information • Estimated ingoings (upfront): £9,545 • Full deposit: £8,750 • Agreement fee: £795 • Guide rent (weekly): £673 • Guide rent (annual): £35,000 • Forecast turnover (weekly): £505,342 • Forecast turnover (annual): £505,341 Ideal Operator I need someone who can realise the potential of this pub , with a great operational track record and the ability to be able to break this project down into deliverable phases. This pub has eveything needed to achieve multiple revenue streams . Accomodation, bar trade, food , function and sports....the Devonshire could have it all......  Private Accommodation There is a well presented three-bedroom house, with lounge, kitchen and bathroom. The accommodation also features a small separately accessed manager flat. Regional Manager's Thoughts The Devonshire Arms is a homely traditional community-based pub, with constant support by local trade. This pub comes with a real opportunity to enhance the food offer, combined with the continuation of supporting other functions and community events. The well-presented outdoor drinking space could be developed to allow further seating for those sunny days. The Devonshire Arms has everything that a good pub should offer!  Surrounding Area The Devonshire Arms is located around 10 minutes from Bath City centre, just a short bus route into town. The pub is surrounded by quality housing and a thriving local community, with easy access to local shops in Oldfield Park.

Upfront cost

£9,545
Cost type: Upfront

Key facts

Upfront cost
£9,545
Turnover (annual)
£505,341
Rent
£35,000 (annual)

Location

139 Wellsway, Bath, Somerset BA2 4RY
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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