Venue News

Pubs To Let On The Isle Of Wight – The White Lion Niton Free Of Tie Options Available !

Are you looking for Pubs To Let On The Isle Of Wight ? – We have a wonderful new opportunity for those who are looking for a new challenge in a beautiful part of the country. The White Lion Niton is now available & has Free Of Tie Options Available !

The White Lion Notion is a characterful and pretty village pub comprising two main trading areas and a fantastic beer garden. It is well known for its good selection of well-kept cask ales and good pub food. Situated in an area of tourism including campers, cyclists and walkers, this is a prime opportunity to take the reins of a well-established traditional pub.

 

Pubs To Let On The Isle Of Wight – The White Lion Niton

 

Indoor trading area – About The White Lion Niton

The pub has a traditional feel and boasts a wealth of character. There are beautiful features throughout such as timber beams, wooden panelling, exposed brick work and a lovely wood burner. The property has two different trading areas, one has a door leading out to the patio and garden. The other can be entered via the car park. Both areas are well laid out, have quality furnishings and offer 60 covers throughout. The bar is central and services both areas, hosting international beer brands and cask ales.

Outdoor trading area

There is a large garden area which is perfect to attract the family market. The patio area is neat and compact and has seating for 20 people.

Your living accommodation

The private quarters comprise two good sized double bedrooms, a large lounge, kitchen, bathroom and an office space.

 

White Lion Niton – Pubs To Let On The Isle Of Wight 

Letting Prices

Partnership Terms

Introductory Rent: £20,000.00 per annum, payable weekly in advance.

Based on discount scheme PARTNERSHIP BAND F

This pub needs personal investment of time, effort and skills to realise its potential. Our vision for this pub is a business capable of sustaining a rent of £30,000.00 per annum.

The proposed agreement: Retail Partnership Tenancy

(Key terms available online here) however we are prepared to discuss other Partnership agreements.

We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.

Estimated Capital start-up

14500 (excl VAT)

Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £20,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.

In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.

Estimated fixtures & fitting value

(excl VAT)

To be discussed with the Regional Manager.

Rateable Value

Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.

For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search

White Lion Niton – Pubs To Let On The Isle Of Wight 

Partnership Terms

Introductory Rent: Offers Invited

The proposed agreement: Commercial Lease (Free of Tie)

(Key terms available online here) however we are prepared to discuss other Partnership agreements.

Estimated Capital start-up

You will need to have funds available to cover stock and glassware, deposit (25% of the final rent) and other contractual charges.

Estimated fixtures & fitting value

(excl VAT)

To be discussed with the Regional Manager.

Rateable Value

Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.

Contact The Love Your Pub Team – The White Lion Niton

Contact number: 01329 552730

Contact email address: info@loveyourpub.co.uk

Sign up below to hear more about our monthly news & offers via email 

T & C’s : Please note any promotion or offer is at the discretion of the outlet & cannot be used in conjunction with any other promotion or offer at that time. Any promotion or offer can be withdrawn by the outlet at anytime.

You may also like

Previous Post
Pubs To Lease For Cornwall – The Engine Inn Penzance Is A Wonderful Village Pub Available On A Retail Agreement !
Next Post
Local Pub Offers In Gosport – The Green Dragon FREE Pool & Jukebox Wednesdays & December Events !

Sign up below to hear more about our monthly news & offers via email 

T & C’s : Please note any promotion or offer is at the discretion of the outlet & cannot be used in conjunction with any other promotion or offer at that time. Any promotion or offer can be withdrawn by the outlet at anytime.

Menu