Newport, NP19 8BZ
The Maindee Hotel Newport is a vibrant pub on the popular Maindee circuit. Maindee is a large inner-city commercial and residential area within the city of Newport, South Wales. Every summer since 1996 there is the annual Maindee festival and Parade, a large community arts event which brings people into the town from all over. The pub itself sits on the corner of the Chepstow Road with local shops and amenities within walking distance. With Newport train station less than a mile away on foot, the University just the other side of the river as well as easy access to public transport and main roads, the Maindee benefits from plenty of passing footfall and future potential.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
On entering The Maindee Hotel Newport from the front, your eyes are immediately drawn to the well stocked bar in front of you with a wide range of draught products, and a good selection of wines and spirits. To the left of the bar as you walk in is the sports area with a pool table and dart board which are used most days to host a number of regular teams. On the right hand side of the bar is the lounge area with a mixture of loose and fixed seating that is open, inviting, bright and cheery. To the rear of both areas is a corridor that leads to both the male and female toilets. There is no garden area at the site currently.
Private Accommodation at The Maindee Hotel Newport.
There is no private accommodation at the site as the rooms have been converted into letting rooms. Trade Accommodation There are five letting rooms at the site with one communal kitchen and two bathrooms. All have been renovated to a high standard and are easily lettable.
The Maindee Hotel Newport is a wet led pub that is well supported by the local community throughout the year. There are a number of sports teams that play from the Maindee on several nights throughout the week generating additional income from both the home teams and visiting away teams. Sky Sports is shown at the venue and is popular with the locals for a variety of sporting events as well as during the day for showing the horse racing. There is also a small galley kitchen which allows room to expand the offers currently available with the possible introduction of a small food menu. There is currently no cask ale at the site, however this is something that can be explored and tapped in to going forwards.
The Maindee Hotel Newport
Annual Rent: £24,500
Security Deposit: £5,000
Working Capital: £2,000
Stock: £1,500 Fixtures and Fittings:
Upon Valuation – funding options available for the right licensee. Tie:
All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £250 plus VAT For a breakdown on financial information, please refer to the
‘Additional Info’ tab.
Admiral are looking for a licensee for the The Maindee Hotel Newport, who can continue on the positive path this site is already on. The right licensee will work hard to maintain the already strong links with the local community, continue and develop the weekly rhythm and associated events as well as using new and innovative ways to drive additional footfall into the Maindee Hotel. The new licensee would also follow and adopt new market trends to develop on the current drink offer, utilise the lettings rooms throughout the year and be the ultimate host. There are at least six sports teams associated with the Maindee and they are keen to continue and work with the new licensee to drive the business forward and keep this popular pub on the Maindee circuit. There is also the potential to work with the right tenant to build some sort of outdoor space or “beer ” garden” in the future.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.