The Lamb
Newport, NP20 4AL.
DESCRIPTION
The Lamb is a charismatic pub situated in the centre of Newport, just minutes away from the train station. Newport is the third largest city in Wales with a population of one hundred and fifty thousand, and it benefits from being positioned twelve miles north east of the capital city of Cardiff. The Lamb is situated in the pedestrian area of the town and surround by plenty of passing trade. With the River Usk, local parks, train station and buses all within easy walking distance, there is plenty to explore and visit in Newport.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Lamb Newport
Pub Layout
The pub trades from one bar servery, which services the main trading space. The style of the pub is traditional and cosy with a modern touch and consists of mixed seating as well as eclectic tables and chairs. The commercial kitchen is situated upstairs and is capable of offering a superb food menu. TRADING STYLE Business at the Lamb is predominantly drinks orientated with a vast selection of draft, spirits and real ales on offer. There is a well equipped kitchen at the site which is currently underutilised and is capable of offering a good food menu to grow trade and attract new custom. Televised sports are offered currently, and a weekly quiz also brings in trade during the evening. Live music acts frequent the venue and this is popular with the locals. ACCOMMODATION Private Accommodation There is no private accommodation at the Lamb.
The Lamb Newport
FINANCIAL
Annual Rent: £17,000
Security Deposit: £5,000
Working Capital: £2,000
Stock: £2,000
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.
BDM VISION
The Lamb would suit an individual or couple who have previous catering experience to re-launch the food offering through a seasonal and vibrant menu. You will need the flair and passion to bring something different to The Lamb as there is a lot of competition in the local area. The pub will need to stand out from the crowd to attract new custom and once again make it the place to go in the city centre
Contact The Love Your Pub Team:
Contact number: 01329 552730
Contact email address: info@loveyourpub.co.uk
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.