under offer
under offer
tenancy
Fore Street, Yealmpton, Plymouth PL8 2JN, UK
Approx. Total Ingoings
£9,500Annual Rent
£10,000The Volunteer is a fantastic pub located in the delightful village of Yealmpton, Devon. The pub has excellent transport links to neighbouring areas with its prominent position on the main road through the village towards Plymouth and Dartmouth, whilst also benefitting very well from passing trade. There is a lively and characterful public bar area with entertainment and pub games including a jukebox, pool table and darts board. In addition, there is a traditional and cosy lounge and restaurant area which features an open brick fire place and plenty of seating for guests to drink and dine. Externally, the pub offers guests a rear beer garden which includes a BBQ area with seating for guests to enjoy drinks and food alfresco. Stonegate Pub Partners are now looking for a publican or couple who are skilled in catering who can produce high quality food and a more upmarket menu. The publican should also have the relevant skills to market this pub effectively to increase revenue and drive footfall.
Private Accommodation: The private accommodation is well presented and comprises of two bedrooms, a bathroom and lounge area.
Indoor trading area
A welcoming environment, the public bar is spacious with a lively atmosphere, comprising a jukebox, games area with both pool and darts equipment, and room for 45 covers. Low beamed ceilings, stone wall features, a wooden cladded bar and an array of ladder back chairs and tables give the bar an ‘olde worlde’ feel. A separate lounge and restaurant area, accessible down a small flight of stairs, comes complete with open brick fireplaces, carpeted flooring and seating for 36 covers. The trade kitchen is of a good size and equipped to deliver a mid-market food offer.
Outdoor trading area
The Volunteer has a three-tier beer garden to the rear of the property, equipped with its own BBQ area. Enclosed by a stone wall, there is a large grass area with picnic benches and a stone circle with rattan seating, which prove popular in the warmer months.
Regional Manager Comments
Occupying a prominent main road position, the Volunteer also attracts good levels of passing trade, though there is potential to develop the food offer and introduce a more upmarket menu to increase revenue from this aspect of the business. This site represents an ideal opportunity for a couple or solo publican with good levels of marketing and catering skills.
Retail Partnership Tenancy
Live Music Beer Garden Private Accommodation Kitchen Cask Ale Live Sports Restaurant/Food
Approx. Total Ingoings
£9,500
Annual Rent
£10,000
Potential Turnover: £272,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £10,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £9,500 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £15,000 (excl VAT)
To be discussed with the Regional Manager.
MISREPRESENTATION ACT 1967
My Hospitality Solutions Ltd advises that the contents of these particulars are believed to be correct and Lessees should satisfy themselves that they are accurate.
The information and images displayed about the properties advertised comprise a property advertisement only. My Hospitality Solutions Ltd is not liable for the accuracy or completeness of the advertisement or any linked or associated information and My Hospitality Solutions Limited has no control over the content.
Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
