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Star pubs management agreement - angel exeter - exeter

Exeter
Star Pubs Management Agreement
Manager
Posted: 9 October
Offer description

Pub Overview

Major transformation of city-centre pub opposite Exeter Central Station.

The Engine House is available on our Management Agreement, Just Add Talent. It combines our tried-and-tested pub concept with industry-leading training and support for you and your team.

This is your opportunity to run a ready-made pub with no utilities, stock, rent or maintenance costs. We also supply ready-to-go till, stock ordering and health & safety systems. You can rest assured knowing that we do the detail, so you can Think Bigger.

If you’ve got the talent to manage a team, deliver great service, and know your local community, this is your chance to build a successful pub business.

So, what would you do with The Engine House to drive forward our High Street Pub concept?


The Area

The Engine House sits in a prime city-centre position on Queen Street, Exeter, directly opposite Exeter Central Station and a short walk from the university, major employers and the high street. Exeter’s a lively, historic city with a strong mix of students, commuters, tourists and professionals.

The pub is surrounded by bars, restaurants and hotels, benefiting from excellent visibility and footfall throughout the day and into the evening.


Demographics

Within a 10-minute walk there are around 7,000 adults, increasing to over 31,000 within 20 minutes. The area over-indexes for young adults and students, particularly those aged 18-34, as well as midlife professionals working in the city.

Affluence levels are around the national average, but disposable income is high among students and young professionals, with strong spend across food, drinks and late-night entertainment.

The customer mix is heavily weighted towards Young and Midlife Carefree segments - those looking for lively, social experiences in high-energy settings.


The Offer

You can drive trade through a mix of live music, events and late-night entertainment, making full use of the pub’s late licence.

We’re also really interested to hear your ideas on how to drive trade.

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:

* Understanding of the local community and student market.
* You know what it takes to deliver a retail offer.
* If you’re enthusiastic and retail focused.
* You love hospitality and are great with customers.


Features

* Just Add Talent
* Refurbishment Planned
* Live Sports
* Private Accommodation


Trading Area & Facilities

* Fully refurbished bar, lounge and customer toilets.
* Improved layout for service flow and accessibility.
* New signage and exterior redecoration.
* Upgraded lighting, fire safety and sound systems.
* HEINEKEN SmartDispense installation.
* Refreshed private accommodation with new kitchen and bathroom.


Private Accommodation

Private accommodation consists of three bedrooms, a new kitchen, bathroom and lounge area.


Pub Financials

Estimated On Target Earnings: £45,327

Ingoing Costs: £4,000

Estimated Annual Turnover: £513,117

The above figures are provided as a guide only and will be finalised as part of the commercial agreement.

All figures quoted are exclusive of VAT


Downloads

* Demographics Report
* Drinks Menu
* Energy Performance Certificate
* Refurbishment Details
#J-18808-Ljbffr

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