Ship & Pelican Exeter

54 Fore Street, Heavitree, Exeter, EX1 2RR

  • Ship & Pelican Exeter
  • Ship & Pelican Exeter
  • Ship & Pelican Exeter
  • Ship & Pelican Exeter
  • Ship & Pelican Exeter

Ship & Pelican Exeter

Fantastic Just Add Talent Opportunity

The Ship and Pelican is located on the main road into the city of Exeter. With a population of around 125,000, this prime corner plot high street location presents a fantastic opportunity to generate income through both passing trade and local residents. The demographic of this area is largely mixed, with both students and suburban families living in the surrounding area.

The planned refurbishment will see a celebration of period features and help emphasise the friendly community atmosphere. This will include new furniture and external decoration. A full internal redecoration is planned, including new floor finishes and 'sparkle schemes' to both Ladies' and Gents' WCs. Enhanced TV points and improved darts and pool areas will make the pub an ideal location for relaxation and entertainment.

The Ship and Pelican is currently successfully trading as a 100% wet-led community pub and has a strong community following through several sports teams and great drinks offer. The planned refurbishment will ensure that it maximises this trade, making it a warm and welcoming local with a focus on sports and community events.

Hospitality Heroes Wanted!

Just Add Talent is an ideal opportunity for hard-working, talented people to take on their own pub business. The pub offer is centrally driven by us and locally executed by you. We bring the drinks range and offers, you execute a superb retail offer and manage your staff.

Please be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process

Pub Features

  • Function Room
  • Car Parking
  • Refurbishment Planned
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Just Add Talent

Trading Area & Facilities

The pub has one main trade area and a separate games area with pool and darts. It is served by a single bar, which along with the fact there will be no food, will make this pub simple to operate.

Externally, the pub features a large car park which is a real advantage for a high street pub. There is also a large courtyard that allows outdoor trade in the warmer months.

Private Accommodation

The private accommodation consists of three bedrooms, living room, kitchen, bathroom and storage room.

Premises Licence Details

Please see licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 01:30 10:00 - 01:30 10:00 - 00:30

Financials

Estimated Total Turnover £
446,821
Licensee Share of Turnover %
22.5
Estimated Licensee Share of Turnover £
100,534
Less Estimated Wage Costs £
85,959
Estimated Pub Profit £
83,667
Estimated Licensee Share of Pub Profit (20% of Estimated Pub Profit) £
16,733
Estimated On Target Earnings £
30,138

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).

The above figures and the rent model assume that the agreement includes an arrangement to share machine income. All of our pubs in England & Wales are available without a machine income share agreement and this can be negotiated as part of the commercial agreement.

* All figures quoted are exclusive of VAT

** FMOP = Fair Maintainable Operating Profit