Run a Stonegate Pub - Keyberry Hotel Newton Abbot, Devon

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About the Pub

The Keyberry Hotel is a substantial, imposing public house situated on the outskirts of Newton Abbot which offers the opportunity for an experienced or new publican to place themselves at the centre of the community and maximise wet, dry and letting income. Situated opposite the Decoy Nature Reserve, it is an ideal location for a drink for visitors from the surrounding communities. Traditionally decorated throughout, the pub is spacious and appeals to the local community who visit to relax, socialise and play a game of pool. To the rear of the property is a large function room with space for approximately 60 covers which is used regularly by local skittles teams and has its own bar servery and toilet facilities, a great amenity which brings the local community together within this space. With a trade kitchen and plenty of covers, a good food offer could be developed successfully within this pub. The external trading area consists of a covered smoking shelter positioned in front of the function room and is a great space for extra covers in the summer months. Positioned on the ground floor, this self-contained flat offers easy access to the main trading areas, with two double bedrooms, lounge, kitchen and bathroom. Stonegate Pub Partners are seeking a new or experienced individual who can maximise this pub business to its full potential.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £10250
Fixtures / Fittings: Est. £10000
Guide Rent: £13000 pa
Potential Turnover: £284000 pa

Regional Manager's Thoughts

This pub has a huge amount of potential with the opportunity to develop wet, dry and letting income. The pub requires a hands-on publican with a great personality who is prepared to become the focal point of the community. This pub would be suitable for both experienced publicans and those new to the industry.

Surrounding Area

The Keyberry is positioned at the centre of a major residential area with easy access to both the town centre and the south Devon Link Road which will offer quick access to Torquay, Paignton and Brixham. There are plans for further residential and business developments proposed in the immediate vicinity of the pub upon completion of the south Devon Link Road which will be beneficial to bring in extra trade from these surrounding areas. Situated opposite Decoy Country Park, this pub is the ideal location for a lunchtime beverage after a day of exploring.

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