If you are looking for a pub tenancy in the Isle Of Wight , run The New Inn Shalfleet !
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Pub Tenancy In The Isle Of Wight – Run The New Inn Shalfleet
******Exciting relocation support package – up to £5k, T&C’s apply ******
Are you ready for a fresh start? We’re thrilled to offer an exciting relocation package of £5000 for a new publican who wants to run this historic pub in Shalfleet, Isle of Wight. Nestled on the main road, just a short drive from Yarmouth and Newport, The New Inn exudes charm and character. Imagine serving quality food in a cosy setting, where sailors drop by for a refreshing beer and delicious bites during the summer months. With an intimate patio area for alfresco drinks, this pub is a food destination site that has previously won awards for its culinary offerings. Apply now and let’s make island life your new adventure. Contact us for more details on our relocation package.
Private Accomodation
Small and compact with toilet, shower, lounge and one bedroom.
Forecast Turnover: £423,258.77
Year 1 Rent: £12,000.00
Guide Rent: £25,000.00
Initial Deposit: £0.00
Full Deposit: £6,250.00
Full Tie Release: £20,250.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £14,000.00
Working Capital: £19,992.00
Stock & Glassware: £5,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £151,309.43
Forecast Dry Turnover: £271,949.34
Forecast Other Turnover: £0.00
The New Inn presents a rare opportunity for an experienced publican to take over a destination food pub with great character in a great location. The applicant would need a proven food background due to the trading segmentation of the pub and enthusiasm to attract further trade from people in the local area as well as those passing by to visit the local village.
