If you are looking for a pub tenancy in Pontllanfraith, The Halfway House is available !
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Pub Tenancy In Pontllanfraith – The Halfway House Is Available
The Halfway house is an attractive, detached property situated on the outskirts of Pontllanfraith and Blackwood. The pub hosts a range of amenities including three spacious letting rooms, giving the publican opportunity to earn extra takings. The interior of the property is decorated with traditional, rustic furniture, which is maintained throughout the exterior. The traditional atmosphere and reputation for great food makes this pub a fantastic opportunity for a new retailer who is experienced in offering a quality menu. Stonegate Pub Partners are seeking an experienced food operator to take over this beautiful country pub.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Overview of Halfway House
The Halfway house is an attractive, detached property situated on the outskirts of Pontllanfraith and Blackwood. The pub hosts a range of amenities including three spacious letting rooms, giving the publican opportunity to earn extra takings. The interior of the property is decorated with traditional, rustic furniture, which is maintained throughout the exterior. The traditional atmosphere and reputation for great food makes this pub a fantastic opportunity for a new retailer who is experienced in offering a quality menu. Stonegate Pub Partners are seeking an experienced food operator to take over this beautiful country pub.
Indoor trading area
Internally, the Halfway House is beautifully decorated to a high standard and with a classic theme, aligning with the aesthetic of the rest of the building. One central bar serves the internal trade area which is split over two levels by three steps, offering a range of larger and ales. The indoor seating is situated on the higher level and caters for approximately 45 covers predominantly used for dining. A unique feature of this property is the three well-maintained letting rooms, perfect for customers looking to stay in a welcoming and authentic country pub. This amenity also gives the publican opportunity to earn extra takings through the hiring of the letting rooms.
Outdoor trading area
Externally, the pub boasts a beautiful beer garden with picnic tables and benches for those customers wishing to drink and dine outside. The unique outdoor space is lined with greenery, creating a rural ambiance for visitors to enjoy the summer weather. There is a small car park situated to the front and side of the building, with enough spaces for 4 vehicles. In addition, there is available parking opposite the pub, with spaces for 6 cars.
Your living accommodation
The accommodation consists of a one-bedroom flat with a lounge ideal for a couple.
Surrounding area
Located in between the valley towns of Blackwood and Pontllanfraith, the Halfway House overlooks fields and beautiful countryside. The pub is in close proximity to the new by-pass, linking the area to Newport and Abergavenny. It is also approximately a 30-minute drive from the bustling city of Cardiff gaining footfall from a further distance. Whilst there is easy and convenient road access, there is still the feeling of a rural, country pub.
Local competition
Bird In Hand,Bryn Road, Blackwood, NP12 2EX (0.4 mi)
Penllwyn Manor,The Grove, Blackwood, NP12 2EQ (0.5 mi)
Crown,Bryn View, Blackwood, NP12 2QR (0.5 mi)
Tredegar Junction Hotel,Commercial Street, Blackwood, NP12 2JY (0.6 mi)
Islwyn Inn,Glanhowy Road, Blackwood, NP12 2HN (0.6 mi)
The Halfway House Pontllanfraith
Potential Turnover
£302,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £16,500.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND F
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
£10,600.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £16,500.00), 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
£16,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£11,750
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
Regional Manager’s thoughts on the Halfway House
The Halfway House is well known in the area for its good quality, traditional menu and customers have come to expect a warm welcoming atmosphere from attending this put. There is an opportunity to build on the existing menu and attract custom from further afield. The success of the pub is based around delivering a quality home produced pub food offer, and as a result I am seeking a publican with experience in delivering such a food offer.
Mike, Regional Manager