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Beer Garden
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External Drinking Area
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Function Room
Property details
The Green Gables is situated on Buddles Lane in Exeter and is located in a prominent position, with the pub playing a huge part of the local community. Exeter is a small city and is one of the most vibrant, attractive, and historically interesting cities in England. Exeter has a real sense of individuality, its varied cultural scene is embraced by proud locals, and the diverse mix of eateries means it’s renowned as one of the foodie capitals of the South West with plenty of opportunities for adventure. This is the perfect place to try a new activity, or simply relax and enjoy the stunning scenery. It’s located within one mile of the cathedral, the Royal Albert Memorial, and the town centre with the train station also just under one mile away on foot. The Green Gables also benefits from being on a suburban road with plenty of on-street parking, surrounded by many chimney pots and within easy walking distance.
The pub was commissioned by the City Brewery to serve the Broad Meadow Estate and as a pub, dates back to around 1923. On entering the pub there is a seating area with a mixture of fixed and loose seating and also one main bar servery. To the right of the bar, there is a games room that holds the pool table and gaming machine. To the rear left of the pub, there is a snug room with its own independent access from the main bar and a serving hatch that is in the middle of the main back bar. This snug area can be used for darts matches and can also be separated from the main bar area and can cater for gatherings or functions.
The pub has a beer garden on three sides all of which are laid to lawn. The front area is also partially laid to patio and is a great sun trap for customers.
The private accommodation is all on the first floor and includes, a lounge, kitchen, bathroom and three bedrooms.
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Cask Ale
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Catering Kitchen
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Team Games
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Pool Area
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Live Entertainment
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Experienced Operator
Trading style
Having very recently been completely refurbished internally and externally, the Green Gables is a proper local’s local, where everyone is on first-name terms and the team knows what most of the regulars drink without having to be told. The perfect place for an after-work pint whilst still in work boots before heading home for the evening. This pub oozes “traditional pub” at its very core. A wet-only site that prides itself on a great pint of cask ale, a small yet successful range of draught and bottled beers as well as some spirits. Games, dominoes, darts, and even the odd Euchre keep this local community pub thriving.
This is a really exciting opportunity and the landlords are looking for a new licensee who not only has the passion and drive to run a community pub, but also has experience at re-launching a new trading offer and delivering a shared vision. Externally the garden is underutilised and with some benches, brollies, and regular upkeep the outside areas could be used all year round. There is also room to develop an outside offer here such as a small outdoor BBQ or year round pizza oven.
Key financials
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Reference Number:
IU3WDL / P00680
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£9,000.00
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Annual Rent:
£26,250.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £26,250 (Starting rent of £15,000 p/a (net)
Security Deposit: £3,000 (Building to £5k during tenure)
Working Capital: £3,000
Stock: £3,000
F&F: £14,000 – funding options may be available for the right licensee.