Run a Stonegate Pub - Exchange Ivybridge, Devon

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About the Pub

The Exchange is a food-based sports bar, in an excellent location on the high street of a well sought-after area on the outskirts of Plymouth. The pub boasts two bars with two entrances to the property, one offers a traditional pub feel with food, whilst the other gives the feel of a sports venue for the key sporting events. There is a spacious hall that offers visitors the opportunity to enjoy their drinks with the accompaniment of pub games, entertainment and sporting events with beautiful high ceilings and room for up to 50 covers, popular with the locals. This space is ideal to drive live entertainment and sports events and become a function room to bring in extra trade. To the front of the pub is space for approximately five vehicles, allowing the pub to be more accessible for customers from surrounding areas. The five-bedroom accommodation is spacious with a lounge and a kitchen, ideal for a family. Stonegate Pub Partners are seeking a publican with food knowledge to drive food sales.

Business Information

Agreement: Beacon Retail Partnership Tenancy
Capital Startup: Est. £10250
Fixtures / Fittings: Est. £15000
Guide Rent: £21000 pa
Potential Turnover: £378000 pa

Regional Manager's Thoughts

The Exchange presents an excellent opportunity for an experienced publican to develop an already established business. As the publican, you will require strong knowledge of developing a quality food offer and working within a thriving pub environment. At this pub, entertainment, pub games and sporting events are essential for driving food and drink sales. Due to the prominent location, you will ensure marketing is used to maximise the potential of passing trade, whilst maintaining strong connections to the local community.

Surrounding Area

The pub is on the High Street with numerous restaurants, leading retailers and schools within easy walking distance of the pub. Ivybridge is located nine miles from Plymouth and has fantastic transport links from the A38. This stunning town is situated on the southern edge of the Dartmoor, a National Park of England and Wales. Dartmoor has numerous scenic walking routes and attracts visitors to the area all year round. This bustling town has doubled in size over the past 10 years with numerous housing builds taking shape.

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