If you are looking to lease a pub in Exeter, you could run The White Lion !
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Lease A Pub In Exeter – Run The White Lion !
Lease A Pub In Exeter – Run The White Lion !
This charming village pub, set in the heart of the rural Devon countryside, presents a fantastic business opportunity for those yearning for their own taste of the good life! The pub is situated on the main road through the village of Bradninch, which, in turn, is just a short drive from Collumpton. The White Lion boasts the fantastic original features you would expect of a traditional village pub, including a welcoming open fireplace, low ceilings and exposed beams and brickwork. The main bar hosts international brands and cask ales, the latter being a real focus in the local area. Here you will find AWP games machines and television screens, regularly showing live sports as well as the occasional live performance from a local band. The pub also boasts a function room to the rear of the property that features a pool and darts room, perfect for publicans seeking additional revenue. There is also brand new and well-equipped commercial kitchen that would suit a traditional pub menu. The external trading area consists of a small patio area with space for a handful of picnic benches and a much larger covered seating area for at least 80 customers. In addition, there is a large and mainly undeveloped plot of land to the rear of the pub which could become a showpiece for the business with the potential to include glamping/camping and be used as a location for outdoor events and functions.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The White Lion is located in the historical village of Bradninch in the beautiful Culm Valley, three miles south of Collumpton and eight miles north of Exeter. The picturesque village is mentioned in the Domesday Book of 1086 and was a former manor in Devon. Surrounded by farmland, the village has a population of approximately 2,400 people. There is a strong music and arts presence in the village, which is showcased in the annual Music Festival held in June. There are a handful of shops, a church and a school, all within walking distance of the pub.
Private Accomodation
Fully refurbished and spacious living accommodation with two double bedrooms, a single bedroom, lounge, kitchen and bathroom, perfect for a family.
Agreement Fee: £750.00
Cash Float: £250.00
Fixtures & Fittings: £10,400.00
Forecast Turnover: £223,209.00
Full Deposit: £4,000.00
Full Tie Release: £0.00
Guide Rent: £16,000.00
Initial Deposit: £0.00
Repair Fund: £2,200.00
Stock & Glassware: £3,500.00
Working Capital: £27,600.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £69,986.99
Forecast Other Turnover: £1,800.54
Forecast Wet Turnover: £151,421.47
Additional Info
Ingoing Cost: £27,600.00
Annual Cost: £16,000.00
Agreement Type: Retail Partnership Tenancy
The White Lion is a traditional village pub on the outskirts of Collumpton, with a loyal customer base. The new publican should be community minded, have experience of marketing and holding small events, with wet trade knowledge being advantageous.
