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Beer Garden
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External Drinking Area
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Function Room
Property details
The Royal Exchange is in Weston village on the Isle of Portland located towards the centre of the island and adjoining the village of Easton. The pub is set back from Weston Road and behind a service road which provides access to various residential and commercial properties.
Internally, there is a single bar with a pool table, darts area skittle alley/function room, and a small service/catering kitchen.
Externally, to the rear is a beer garden with local parking opposite the pub.
The private accommodation consists of three bedrooms, a living room, a bathroom, a separate WC, and a kitchen.
FindMyPub.com
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
FindMyPub.com
Live Sports
Trading style
The pub is the perfect example of a real ‘Hub of the Community’ style operation, from having a drink with friends in the bar to watching live artists or a big match, it is a REAL community pub ensuring every individual living nearby has a reason to visit. The landlords want all existing and potential customers to feel part of what is a busy, thriving gem of the community and to enjoy the pub for all occasions. The pub will need to trade with a successful rhythm of the week including live sports, pub teams, entertainment, and a good quality home-cooked food offering.
The landlords are looking for an enthusiastic operator with a proven record of success and a passion for running a community pub with a quality drink offer. The Royal Exchange has great potential, and the next operators will ideally have experience running a similar business and have the knowledge and experience to maximise all business opportunities. This will include running events, utilising social media, maximising footfall for sporting events, booking live artists/bands, creating promotional/marketing plans, developing a food offering, and establishing a strong position within the community all whilst developing/leading a great in-house team.
Key financials
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Reference Number:
6M23WN / ROT-DT5
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Agreement Type:
TAW / Tenancy
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Min Ingoing Cost:
£3,000.00
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Annual Rent:
£12,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Length of Tenure: TAW/TMA leading to a 5-year tenure
Agreement type: PART TIED - FOT Wines, Spirits & Non-Postmix Minerals.
Rent: £12,000
Ingoing’s: £3k deposit plus working capital. Inventory at valuation on flexible terms (as required and when on a substantive agreement)