If you are looking for pub tenancies in Cornwall, The Slug & Lettuce, Newquay is available !
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Pub Tenancies In Cornwall – The Slug & Lettuce Newquay Is Available !
Centrally located in Newquay, this venue benefits from both tourist and local trade during the day and is a key part of the central nightlife scene. It is a spacious establishment with income from beverages, food, and gaming. The venue features two large trading areas that can operate jointly or as separate units. It boasts attractive outdoor terraces with a potential seating capacity for eighty patrons. A fully equipped catering kitchen is situated on the first floor, complete with three food lifts.
Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK’s largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed.
Forecast Turnover: £733,132.42
Year 1 Rent: £0.00
Guide Rent: £38,000.00
Initial Deposit: £0.00
Full Deposit: £9,500.00
Full Tie Release: £56,750.00
Agreement Fee: £775.00
Repair Fund: £3,000.00
Fixtures & Fittings: £50,000.00
Working Capital: £58,400.00
Stock & Glassware: £3,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £514,485.92
Forecast Dry Turnover: £218,646.50
Forecast Other Turnover: £0.00
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.
