If you are looking for pub tenancies in Newton Abbot, you could run The Union Inn !
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Pub Tenancies In Newton Abbot – Run The Union Inn !
This is a rare opportunity to run one of Newton Abbot’s favourite pubs! This business has a lot to offer an experienced, hospitality professional. Situated on the popular East Street run, it has plenty to attract guests throughout the day and evening. The offer is truly diverse, from acting as a real community local to a home from home for the B&B guests. The successful applicant will ideally have hospitality experience to get the most from this business opportunity; additionally, competency with IT would be a real advantage as online booking platforms for both the rooms and food would be essential.
Private Accommodation
The private accommodation comprises of two double bedrooms. a kitchen and bathroom all in good condition.
Forecast Turnover: £467,793.33
Year 1 Rent: £13,000.00
Guide Rent: £26,000.00
Initial Deposit: £0.00
Full Deposit: £6,500.00
Full Tie Release: £41,500.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £20,000.00
Working Capital: £12,000.00
Stock & Glassware: £3,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £392,425.73
Forecast Dry Turnover: £64,352.00
Forecast Other Turnover: £11,015.60
The Union Inn requires an experienced publican with plenty of energy – as with any pub with letting rooms, there are late nights and early mornings! The business focuses on providing exceptional value for money for the guest through all three income streams so if you want to run a gastropub then this isn’t the right one for you. If you want a high tempo pub with plenty of banter then please get in touch!
