Licensee - Exeter
Ship & Pelican Exeter
Ingoing Costs: £12,670
Annual Rent: £34,500
Annual Turnover: £360,939
The subject of a proposed refurbishment, the Ship and Pelican is located on the main road into the city of Exeter. With a population of around 125,000, this prime corner plot high street location presents a fantastic opportunity to generate income through both passing trade and local residents. The demographic of this area is largely mixed, with both students and suburban families living in the surrounding area.
The Ship and Pelican is currently successfully trading as a 100% wet-led community pub and has a strong community following through several sports teams and a great drinks offer. The refurbishment planned on this pub will focus on introducing an excellent food offer to compliment the strong community following. Therefore, the planned refurbishment will include a revamp and upgrading of the catering kitchen to accommodate for the 40+ covers in the pub.
The ideal operator will have a wealth of experience successfully running a good food pub with a strong community following. Experience dealing with sports teams would also be highly advantageous.
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
The private accommodation consists of 3 bedrooms, living room, kitchen, bathroom and storage room, and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.