Overview

Could you run this pub?

The Diggers Rest, Woodbury Salterton is a beautiful thatched, stone Devon pub which is steeped in history. It was originally a traditional cider house and is a pub full of warmth and character. At the heart of the village this grade II listed pub offers a cosy interior with beamed ceilings and real log fires for those chilly days. The pub is set within 0.412 acres of grounds, which include a courtyard beer garden and car park. Surrounded by the local village and a appealing getaway spot, there is a fantastic opportunity to base your food and drink business here.

Business facilities

The trading space includes a two-section bar and dining room space for around 60 covers. It has beautiful, welcoming features with real fires and beamed ceilings. It’s also set in spacious grounds with a courtyard, beer garden and parking for 25 cars. The pub also offers WIFI throughout its premises.

Accommodation

The private accommodation that comes with this opportunity incudes three bedrooms, a separate kitchen and lounge.

About the local area

This pub/restaurant occupies a prominent position in the centre of the rural village of Woodbury Salterton and there is trade from the village and wider area.

It’s a lovely rural village in Devon, this pub is at the heart of the community and is surrounded by local residents, the village church and the village primary school and is accessible from surrounding places including Woodbury, Clyst St George and Farringdon and just five miles from Exeter.

This pub may suit

The ideal operator would be a couple/partnership that can deliver a quality catering offer with a strong ability to build lasting relationships with the local community hosting events and driving sales through customer loyalty. You will also be great at marketing the pub across the area.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.

You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Punch Development Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Punch Development Manager

 

Financial Information

Initial Deposit
£6,000
Full Deposit
£8,250
Legal Fees
£750
Maintenance Fund Per Week
£40
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£33,000
Forecasted Annual Wet Turnover
£171,752
Forecasted Annual Food Turnover
£234,017
Forecasted Annual Machine Turnover
£2,000
Forecasted Annual Other Turnover
£4,823
Weighted Average Discount Per Barrel
£75
Agreement
5 Year Tenancy

Relevant Downloads

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