Observatory, Marston's - Weston Super Mare
Price:
Leasehold - £4,000
Location:
Somerset , Western Super Mare
Great local community pub on a roadside location
Surrounded by residential housing
Opportunity to develop an already well managed business
Massive potential to develop food offer
Overview
The Observatory is a great pub in Worle, Weston Super Mare and has an excellent reputation for entertainment, sports and teams. This is a well run community pub with a massive opportunity to develop the food offer.
Agreement
Available on our Retail Agreement where there is no rental charge and your income is based on a share of turnover (circa 20%). Marston’s covers all running costs except for staffing and your only ingoing cost is £4,000.
Trading area
The pub has one trading area with differing levels including a bar and a raised area for casual dining. There is also a good external solution for smoking and drinking during the summer months. Situated in a shopping parade the pub has a vast audience from the local housing, community and shoppers.
Customer Base
The customer base is mainly locals, although there is some passing trade for food. The pub needs to be reinvigorated to attract more locals and needs to be more food driven to attract passing trade. There is good potential to make a value food family focused venue in the day time and be entertainment driven in the evening.
Business Potential
The pub is trading well but it would benefit from a change of direction from a new operator by introducing a new food offer and becoming more family focused. Good standards and a quality offer with value will entice this large community into the pub.
Successful Candidate
An experienced operator is required for The Obeservaotory, or a person with good business skills to have a go at running their first pub.
http://www.marstonspubcompany.co.uk/RunYourOwnPub/RetailAgreement.aspx
The private accommodation is a three bedroom flat.
North Yorkshire
£ 750,000
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