Run a Stonegate Pub - Gypsy Moth Plymouth Plymouth, Devon

About the Pub

Based near the iconic Hoe waterfront, The Gypsy Moth is a purist’s delight mixing location and masonic design to create a memorable experience on every visit. Located on the south coast of Devon the property ticks all the boxes for publicans looking for the full pub package. The pub offers three different trading levels for its operation; upon entering, guests are greeted with the main bar area that is laden with traditional features and a furnished wooden topped bar. For those customers who come to dine, there are two separate areas for which to enjoy food. One is on an upper level and the other is downstairs on the ground floor and together they can seat around 80 covers. With exposed beams and brickwork, accompanied by the design and layout, The Gypsy Moth has quite a quirky feel, helping to create an enjoyable atmosphere. Additional features of the property are the three first floor letting rooms, all boasting their own en-suites and providing the opportunity for an additional revenue stream. The trade kitchen sits on the first floor and comes fully equipped to deliver an upper mid-market food menu. Benefitting from a main road location, there is a small fenced off seating area next to the entrance where guests can relax and take in the sea views. The property also has a small beer garden to the rear of the pub. Previously there was a bedsit which has now been utilised for storage. The new publican would either need to be a local with their own accommodation or utilise one of the current letting rooms. The business has built a strong reputation among locals but now requires an experienced publican who can take the pub to the next level. Through development of the food menu and increased use of the letting rooms, this pub has the potential to be the hub of local activity and would suit a hands-on publican who can build strong community links.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £38000
Fixtures / Fittings: Est. £20000
Guide Rent: £48000 pa
Potential Turnover: £555185 pa

Regional Manager's Thoughts

This delightful coastal pub has a lot to offer from a variety of income streams and therefore requires an experienced publican to get the most out of this opportunity. The location is a real plus during seasonal activities as there are many key events that take place within the local area.

Surrounding Area

Located on the south coast of Devon, Plymouth is a bright and bustling city based in a picturesque location. The Gypsy Moth can be found at the heart of the city centre and is a very short walk away from the seafront. Local landmarks include the famous Plymouth Argyle Football Club, the local Aquarium and a number of National Trust sites. Based near local retail shops and restaurants the pub is in a prime spot to increase footfall.

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