Home Business News These two pubs need a new landlord

These two pubs need a new landlord


Ever fancied running your own pub? Then if so, this could be your chance, as new landlords are needed for two pubs in South Devon.
The Penguin, in Mannamead, Plymouth, is looking for a new owner for 2018 and beyond, while Ivybridge pub The Old Smithy is also looking for a new landlord for the first time in 18 years.
Both are owned by the St Austell Brewery and the company hope that the new people behind the pumps can take them into a new dimension, as the Plymouth Herald reports.
Read More
The Penguin, on Ashford Crescent, underwent a refurbishment as recently as 2015 under previous landlord Luke Lari, while the venue is described as having “good turnover” potential.

Luke Lauri, previous landlord at the Penguin Pub, Plymouth, under the new sign, with long standing regular Brian Jones (Image: Penny Cross)
St Austell Brewery’s website read: “A well-presented property, refurbished two years ago.
“Large bar with raised dining area. Good turnover with potential to increase.
“Site also has an outside patio area and car park.
Read More
“Private accommodation comprises of lounge, kitchen, bathroom and two/three bedrooms.”
It is currently on the market for £30,600, with ‘likely ingoings’ at around £30,000 excluding brewery deposit of £5,000).
In addition to a wide-range of beers, the venue is also popular for its extended lounge, comfortable seating and spacious outdoor area.
Ivybridge pub The Old Smithy is also looking for a new landlord for the first time in 18 years.

Former landlord Janice Penny (left) with chef Angelica Gibbens, outside The Old Smithy (Image: Richard Amofa)
It had been run by Janice Penny and her husband.
After arriving in Cornwall from Papa New Guinea in 1994, she ran a Free House in the area before taking over at The Old Smithy in 2000
Read More
The asking price for the pub is £22,500, with a ‘likely ingoing’ of £9,000.
A post on St Austell Brewery’s website read: “Town centre pub located in the middle of Ivybridge.
“First time on the market in 18 years with huge potential to increase trade and introduce food.
“One bar operation with separate side room which could be used as a dining area.
“Small catering kitchen. Covered outside patio area to rear.
“Private accommodation consists of lounge / three bedrooms / kitchen / bathroom and office space.”
Read More
The community venue has already showcased its aptitude for selling food after leasing the kitchen out to McClunky’s Buttermilk Fried Chicken Company.
The venture, run by Plymouth resident Angelica Gibbons, sold a variety of food including Chilli Con Carne, burgers and fried chicken.
Source: Devon live