If you are looking to Let A Pub In Newport, The Slug & Lettuce Is Available !
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Let A Pub In Newport – The Slug & Lettuce Is Available !
The Slug and Lettuce Newport is on the very centre of the high street with its quirky history of previously being used as a cinema the site has in-built character that is hard to find.
Currently open under the Slug & Lettuce brand the site boats strong trade across the week with a much loved Brunch and cocktail offering.
With a main long bar across the right wall the site boats upwards of 100 covers seated across a variety of booths, tables and high seating.
Having a tenancy oppourtunity at the site is truly exciting, S&L Newport offers a new publican a huge amount of potential to be explored.
Private Accommodation
There is no Private Accommodation at this site
Stock & Glassware: £3,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £378,279.87
Forecast Dry Turnover: £66,756.60
Forecast Other Turnover: £2,637.72
Forecast Turnover: £447,674.20
Year 1 Rent: £0.00
Guide Rent: £27,500.00
Initial Deposit: £0.00
Full Deposit: £6,875.00
Full Tie Release: £27,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £40,000.00
Working Capital: £50,000.00
This presents a fantastic opportunity for an entrepreneurial operator to develop one or two outstanding offers. The venue is well-situated, necessitating someone who can capitalize on the existing trade in the area as well as create an offering that will establish the venue as a premier destination.
