Marquess of Exeter

Lyddington

Tenancy

Your pub with
our backing

Support that
keeps giving

Get off the
ground fast

Award winning
training

Overview

The Marquess of Exeter is a beautiful thatched village pub/restaurant with letting bedrooms, set in the heart of the East Midlands in the beautiful Rutland village of Lyddington. The Marquess of Exeter is situated close to Rutland Water, and the counties of Leicestershire, Northamptonshire and Lincolnshire. Rutland truly is an undiscovered gem; with its rolling hills and stunning scenery.

This is a high quality food business with good quality letting bedrooms. A small bar area situated next to an open log fire leads through to the restaurant of some 60 covers. There is also a small meeting room that can hold upto 12 people. The letting bedrooms are housed in a separate building to the rear and are decorated to a good standard. Further to the rear of the property is a huge beer garden / events space that could be developed for many different uses.

The Marquess of Exeter has built a great reputation for its quality food, drink and accommodation offer. The ideal candidate needs to be an experienced operator(s); confident in delivering a fresh high quality food offer. They also need to excel in customer service and appreciate what good looks like, someone who will welcome guests and offer an enhanced experience you don’t get in chain hotels. A strong marketeer who set out their offer and communicate it beyond the boundaries of the village

What’s in it for you?

Keep 100% of the business’ profits.
Put together your own menus and choose your own food.
Keep 50% of profits from any gaming machines.

Private accommodation information

Private Kitchen

Yes

No of Double bedrooms:

No of Reception rooms:

No of Private bathrooms:

Office

Yes

Pub features

Private accommodation

Food offer

Beer garden

Customer car park

Live acts

How to apply

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Marquess of Exeter, Lyddington

Lyddington

LE15 9LT

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Partner FAqs

How long is the recruitment process?

We understand that taking on your own pub business is an important decision. We are proud to operate under the provisions of the Pubs Code regulations (2016), by providing certain important information during the recruitment process which will enable you to make an informed decision about the pub business and the agreement which you are applying for. The recruitment process is structured to include meetings with our recruitment and operations team (virtually or in person). The process usually takes 3-6 weeks from application to offer, but varies depending on meeting dates, availability and information required for the completion of the business plan.

How do I obtain a personal license?

For any of our partnership agreements you must have a personal licence to legally operate one of our pubs. We can help in the process of obtaining a personal licence and we do run a free personal licence course at our Head office in Wolverhampton. A member of our recruitment team will be able to discuss this option with you as part of your application or enquiry.

Do I need to pay the whole deposit upfront?

If you receive an offer from us, we will require payment of the full deposit at your earliest convenience. However, from time to time at the Regional Operations Managers discretion a part deposit payment may be made with an agreed deposit builder in place for the remaining amount. The deposit, or deposit builder, would need to be paid before the commencement of the agreement.

How do I receive my % turnover share and guaranteed retained sum?

Takings are banked in a Marston’s account in accordance with the agreements, to allow us to deduct our Management Charge. Your share (‘Retained Sum’) will be settled on a weekly basis. Any guaranteed annual Retained Sum is released on a weekly basis to you at the same time as your turnover % share Retained Sum.

Can I replace the menu? Can I run specials?

In any partner agreement pub with a Marston’s menu on offer there is no opportunity to put on your own version of food or specials due to allergies and food regulations. We do have a number of pubs that do not have a Marston’s menu in, and you are free to put on your own food menu.

What would happen if I wanted to exit the business before the end of the term?

Marston’s are well aware that life doesn’t always go to plan, that’s why most of our Partnerships have an early termination clause which can be triggered by both parties. There is the option to give three or six months’ notice (depending on the agreement) for both parties and would need to be confirmed in writing to your Area Manager.

What development opportunities are there?

Our award-winning learning and development teams offer tonnes of support and training to both partners and your pub teams. When you join us, you will be booked onto our BII* accredited induction programme which includes classroom-based learning, practical sessions and for our food-led businesses, time spent at one of our Centres of Excellence pubs where an experience operator will show you the ropes.

As a Marston’s partner, you’ll also get access to our online training platform where you will be able to access a wide range of free online training courses, tools, and resources. In addition, our trainers will support you with in-person and virtual training sessions when you need the extra help! Our team can also help you access a range of apprenticeships for entry level team members, up to managers and directors.

Can I become a multi-site operator with Marston’s?

We do have multiple pub operators across our business, this is approved on a case by case basis and would need to be approved at a senior level. Feel free to discuss this with a member of our recruitment team in the first instance.

What happens next?

Speak to a member of our team

Meet one of our area managers

Providing you with information on the pub

Present your business plan

Offer and arrangements for taking on your pub business!