New Inn Shalfleet
South East
Main Road, Newport, Isle Of Wight PO30 4NS, UK
The New Inn is an historic pub with charm and character on the main road in Shalfleet, just a 10 minutes’ drive from Yarmouth and a 15 minutes’ drive to Newport. Shalfleet harbour can be easily accessed along a path which runs past the pub and in summer months the sailors walk the short distance to visit the pub for refreshing beer and a bite to eat. The pub boasts a cosy setting for guests to enjoy a home cooked pub meal with plenty of dining space within the three separate trading areas. This New Inn is a very popular food destination pub which in previous years has won awards for its quality food offer. There is an intimate patio area to the rear which is popular in the summer month for alfresco drinks.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The New Inn is situated in Shalfleet, a charming and welcoming village in the Isle of Wight just a short walk from the nearby harbour and with its coastal location is perfect for the sailing community. Located between Newport and Yarmouth, the New Inn is close enough to the Wightlink ferry terminal in Yarmouth to make a visit on day trip from the mainland. The pub is also the perfect first stop for food or drink after arriving on the ferry or travelling around the Island.
Private Accomodation
Small and compact with toilet, shower, lounge and one bedroom.
Agreement Fee: £750.00
Cash Float: £1,500.00
Fixtures & Fittings: £25,000.00
Forecast Turnover: £423,266.54
Full Deposit: £7,500.00
Full Tie Release: £0.00
Guide Rent: £30,000.00
Initial Deposit: £0.00
Repair Fund: £1,500.00
Stock & Glassware: £5,000.00
Working Capital: £33,903.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £272,104.63
Forecast Other Turnover: £0.00
Forecast Wet Turnover: £151,161.91
Additional Info
Ingoing Cost: £33,903.00
Annual Cost: £30,000.00
Agreement Type: Retail Partnership Tenancy
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.
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.