The Drakes Drum is a large pub situated in an excellent location close to shops, restaurants and schools in the heart of Plymstock. The pub boasts two entrances, one from the front and the other from the rear where the car park is situated. The pub is large in layout with a substantial main bar area with plenty of seating & leads out to a raise terrace to the rear also seating area to the outside front area. The second bar benefits from a pool table & Darts, perfect for sports teams & Sports enthusiasts. Live entertainment is hugely popular here.
Externally, there is a large car park with up to 30 spaces.
The pub is due to undergo a six-figure investment prior to transition to Craft Union.
There are three good sized double bedrooms and a domestic kitchen on the first floor.
Forecast Turnover: £520,000.00
Full Deposit: £2,000.00
Estimated Earnings: £104,000.00
Forecast Wet Turnover: £0.00
Forecast Dry Turnover: £0.00
Forecast Other Turnover: £0.00
Lou, the Regional manager, says this pub requires a local person to imbed themselves within the community. The ideal person would have a passion for sports & live music, with the ability to drive growth with a personality to become a key part of the local community. Customer service and promoting great guest experience coupled with excellent standards is key to being a success at this pub.
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Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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