Are you looking to lease a pub in the Exeter? ‘The Stowey Arms’ is available !
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Lease A Pub In Exeter – The Stowey Arms Is Available !
The Stowey Arms is situated in the expanding commuter village of Exminster three miles from Exeter City Centre, well positioned for the M5 and A30. The pub enjoys a prominent position in the village and attracts a good mix of local ‘mature’ regulars and has had a good following for quizzes and community events. A relaxed and informal environment, the trading areas within the Stowey are comfortable and atmospheric.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
About the Pub
The Stowey Arms is situated in the expanding commuter village of Exminster three miles from Exeter City Centre, well positioned for the M5 and A30. The pub enjoys a prominent position in the village and attracts a good mix of local ‘mature’ regulars and has had a good following for quizzes and community events. A relaxed and informal environment, the trading areas within the Stowey are comfortable and atmospheric. Internally the pub offers a lounge bar and games area with pub sports, pool table and darts board offers locals a place to enjoy activities with friends and there is also a separate dining area with seats 40 covers. This aspect of the business needs to be developed as the pub boasts a well-equipped but under used trade kitchen to fulfil the markets requirements. An added bonus and attraction of the property comes in four high quality letting rooms complete with their own en-suites which have a good level of occupancy due to the number of events and attractions that take place in the local and surrounding areas. An undeveloped lawn area opposite the car park is used as a make shift beer garden but could be put to better use to maximise its potential. There are also picnic benches to the front of the pub where guests can enjoy a drink in the sun and a large car park with space for 30 vehicles. The private accommodation is in good condition throughout and comprises of three bedrooms, a lounge kitchen and bathroom. Stonegate Pub Partners are now seeking an experienced publican who can capitalise on all aspects of this multi-income stream business.
Key Features
Dedicated dining room
Four en-suite letting rooms available for additional revenue
Pub games including darts and pool
Three bedroom private accommodation ideal for a family
Discounts of up to £130 per barrel but has an average of £110 per barrel
Surrounding Area
Exminster is a village on the southern edge of the city of Exeter and River Exe. It is a fast developing satellite village to Exeter itself and there have been a number of recent housing developments completed, with more currently in progress. The village has good transport links to Exeter City Centre including a regular bus route, cycle track and improved traffic flow. Nearby attractions include Exeter races, an array of campsites and beaches, Devon’s Cleary Theme Park and Exeter Football and Chiefs Rugby clubs.
Business Information
Agreement: Retail Partnership Tenancy
Guide Rent: £25,000 pa
Potential Turnover: £309,000 pa
Fixtures / Fittings: Est. £18,000
Capital Startup: Est. £17,250
The Stowey Arms – Exeter
Regional Manager’s Thoughts
The Stowey Arms offers a proven operator a great opportunity to maximise all aspects of this multi-faceted business. Located at the centre of a suburban village in the Devonshire countryside, the pub should be the must visit destination for its rapidly expanding population. With the offer of four laid back en-suite letting rooms the pub is a popular spot with tourists and its roadside location proves an ideal selling point to passers-by. Due to the demographic of the growing population the pubs customer selling point needs to be redefined to offer a mid-market food and drinks offer.
