White Hart Nr Exeter

Church Street, Exeter EX5 1HN

  • White Hart Nr Exeter
  • White Hart Nr Exeter
  • White Hart Nr Exeter
  • White Hart Nr Exeter
  • White Hart Nr Exeter
  • White Hart Nr Exeter
  • White Hart Nr Exeter
  • White Hart Nr Exeter

White Hart Nr Exeter

Vibrant Village Pub

Located in the delightful village of Woodbury, Devon, The White Hart is surrounded by residential homes and located opposite the beautiful local church. Woodbury itself acts as wonderful base for visitors looking to unwind after exploring the fantastic East Devon scenery. An exceptional village pub, the White Hart attracts affluent locals and visitors alike.

Currently serving a great selection of beers and wines, the pub offers traditional, locally sourced pub grub with menus which range from a light lunch to a three course evening meal. The future vision for this pub is to build on this offer and create a steady rhythm of the week to attract further custom.

Ambitious and Experienced Operator Wanted!

Do you dream of a lucrative business in an idyllic, village setting? We are keen to collaborate with an experienced operator who is as passionate about the pub and it's potential as we are. You will have prior experience in the trade, be customer focused and have the ability to market the pub through various social media functions.

Pub Features

  • Rolling Tenancy
  • Private Accommodation
  • Cask Ale
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Tastefully decorated throughout, the White Hart boasts modern colours and contemporary fixtures and fittings. Divided into distinct trading areas, guests can dine and drink at leisure in the lounge bar and snug rooms. A function room is ideal for corporate events or for large parties which adds an additional, potential income stream. A commercial kitchen on site ensures the pub can cater for guests.

Externally, the pub has excellent kerb appeal and is enticing to passing trade due to a great signage and lighting scheme. A mature beer garden attracts guests during warmer summer months.

Private Accommodation

There private accommodation consists of a lounge, kitchen, bathroom and bedrooms. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
08:00 - 00:30 08:00 - 00:30 08:00 - 00:30 08:00 - 01:30 08:00 - 01:30 08:00 - 01:30 08:00 - 00:00

Financials

Annual Rent £
26,000
Estimated Annual FMOP (Licensee Profit) £
26,396
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
337,244
Estimated Annual Barrelage
188

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
11,090
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
6,000
Deposit Amount £
6,500
Rent In Advance £
500
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
30,195
Estimated Minimum Ingoing Costs £
25,000

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee 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.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
2,237
Estimated Annual Maintenance Compliance Charge £
0
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
Wet & Dry - from 6,108pa

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased