Under Offer

General Buller

Cowick Street, Exeter, Devon, EX4 1DG

Pub overview

This is a great opportunity to live and run a business on the edge of Exeter city centre!

Developing and marketing an attractive food offer and range of quality local cask ales and lagers with team events and a programme of entertainment will ensure success for our next licensee.

The pub features a car park, good sized external drinking area and benefits from good trading facilities. It also has a separate sports area in the bar, that caters for pool and darts teams alike.

Trade space
Bars 1
Food covers 30
Trade kitchens 1

The private accommodation comprises of a living room, 3 bedrooms, private kitchen and bathroom.

Private space
Private Rooms 4
Lounge 1
Private Kitchen 1
Bathrooms 1
Toilets 1

Rent information

Annual rent TBC per annum
Weekly rent TBC per week fixed
Notes

*Machine Income free of tie*

Entry Costs approx £38,705 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).

Brokers £675.00 Legal £825.00
Deposit £8,000.00 Stocktaking fees £150.00
Fixtures & fittings £18,000.00 Working capital £7,000.00
Other costs £4,055.00 Total entry cost £38,705.00

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•50/50 profit split of machines income
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2015/16 289 1 2,898
2014/15 183 52 1,348
2013/14 214 161 2,193
Volume notes

Location

Perfectly positioned on the corner of the busy B3212 and part of a busy shopping parade helps capitalise on the passing and locals trade.

Facilities

Trade bar
Trade kitchen

Current premises licence opening hours

Monday to Thursday 09:00 - 00:30 Friday & Saturday 09:00 - 01:30 Sunday 09:00 - 00:30

Contact Us

Simeon Baker

Business Development Manager

Call us today 0845 607 5330

Apply online
“ We are looking for a community focused operator to run this established community pub. ”