- Beer Garden
- External Drinking Area
- Catering Kitchen
- Function Room
- Team Games
- Pool Area
- Car Park
- Live Sports
Fantastic opportunity which is subject to a proposed refurbishment
|Agreement Type:||Tenancy / Lease|
|Reference Number:||924-11 / 0020615101|
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The subject of a proposed refurbishment, the Ship and Pelican is located on the main road into the city of Exeter. With a population of around 125,000, this prime corner plot high street location presents a fantastic opportunity to generate income through both passing trade and local residents. The demographics of this area is largely mixed, with both students and suburban families living in the surrounding area, providing excellent trading opportunities to create a mid-week student offer and family friendly offer, emphasising food at the weekends.
Internally, The Ship and Pelican has two trading areas consisting of the main bar and a separate function room. The main bar has discrete sections that will allow the pub to cater for both drinking and casual dining. The separate function room has its own bar and a skittle alley and provides an opportunity to generate income through private parties.
The pub features a fully equipped catering kitchen which will be revamped as part of the refurbishment and enough floor space to cater for over 40 covers.
Externally, the pub features a large car park which is a real advantage for a high street pub. There is also a large courtyard that allows outdoor trade in the warmer months.
The Ship and Pelican are currently successfully trading as a 100% wet-led community pub and has a strong community following through several sports teams and a great drinks offer. The refurbishment planned on this pub will focus on introducing an excellent food offer to compliment the strong community following. Therefore, the planned refurbishment will include a revamp and upgrading of the catering kitchen to accommodate for the 40+ covers in the pub.
The ideal operator will have a wealth of experience successfully running a good food pub with a strong community following. Experience dealing with sports teams would also be highly advantageous.
Consists of 3 bedrooms, living room, kitchen, bathroom and storage room, and where required there will be appropriate works carried out in line with the landlords Ready to Trade promise.
Key Financial Information
Please be aware energy performance certificates are available from the landlord.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The Estimated Lessee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.
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