New Inn Coventry
West Midlands
Bulls Head Lane, Coventry, West Midlands CV3 1FR, UK
The New Inn is as traditional wet led community pub in the heart Stoke just off the city centre of Coventry. The pub has been run very successfully by the same family for many years and we are looking for a publican who can continue their success. The pub has a function room with a separate bar, ideal for any publican seeking additional revenue, with the opportunity to make it ‘place to go’ for hosting community parties. The New Inn also has its own separate bar aside from the function room and is the place for loyal customers to meet up and enjoy a drink together. The external trading area consists of a sheltered smoking are and private beer garden, popular during the warmer months.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The pub is opposite a playing field and community centre sitting alongside a small parade of shops in the very tight knit community of Stoke, a major suburb of Coventry.
Private Accomodation
The private accommodation consists of two-bedrooms, a kitchen and a lounge, ideal for a couple.
Agreement Fee: £750.00
Cash Float: £1,000.00
Fixtures & Fittings: £5,000.00
Forecast Turnover: £121,639.61
Full Deposit: £2,750.00
Full Tie Release: £15,500.00
Guide Rent: £11,000.00
Initial Deposit: £0.00
Repair Fund: £1,500.00
Stock & Glassware: £2,000.00
Working Capital: £6,900.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £6,585.21
Forecast Other Turnover: £1,266.39
Forecast Wet Turnover: £113,788.01
Additional Info
Ingoing Cost: £6,900.00
Annual Cost: £11,000.00
Agreement Type: Fixed Term Tenancy
The New Inn has mainly local drinkers from the nearby houses who are loyal to the pub. It has the benefit of being the only pub in this area so is the hub of this community. There are also managed houses approximately one mile away.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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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.