Are you looking for pubs to let in the Pontypool area ? Why not run The Lower New Inn Cwmbran as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The Lower New Inn is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Pubs To Let In Pontypool – Run The Lower New Inn Cwmbran !
The Lower New Inn is situated just outside the small Welsh town of Panteg, 2 miles north of Cwmbran, a Newport suburb. This one bar operation with sizeable trade kitchen is situated on the main road running into Panteg, making it a popular location amongst the local community. Its car park to the rear makes it ideal for the drive to diners while its proximity to the village is great for local trade. The pub is described as a ‘Gastro pub’ with good quality food served in the restaurant. Traditionally decorated with a bohemian twist, the restaurant creates a stunning atmosphere on the evenings with its unique decor. The property also has a waiting area where customers can have a drink socially with covers for approximately 40. Stonegate Pub Partners are seeking an experienced food publican to take on this pub.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Lower New Inn Cwmbran
Overview of Lower New Inn
The Lower New Inn is situated just outside the small Welsh town of Panteg, 2 miles north of Cwmbran, a Newport suburb. This one bar operation with sizeable trade kitchen is situated on the main road running into Panteg, making it a popular location amongst the local community. Its car park to the rear makes it ideal for the drive to diners while its proximity to the village is great for local trade. The pub is described as a ‘Gastro pub’ with good quality food served in the restaurant. Traditionally decorated with a bohemian twist, the restaurant creates a stunning atmosphere on the evenings with its unique decor. The property also has a waiting area where customers can have a drink socially with covers for approximately 40. Stonegate Pub Partners are seeking an experienced food publican to take on this pub.
Indoor trading area
This one bar operation is traditionally decorated throughout and features flagstone flooring, open brickwork fireplaces and exposed beams. The property is beautifully decorated with flowers suspending from the ceiling, giving the property a bespoke look and creating a fantastic evening ambiance. There are distinct areas within the pub; towards the rear is an area for diners which is easily accessible from the kitchen, and to the front a waiting area for those about to eat or just there for after-dinner drinks. This pub is known for its top-quality food offering as it hosts a trade kitchen.
Outdoor trading area
To the rear of the pub is a stunning small beer patio and garden decorated with a variety of flowers and covered by a wooden pagoda. The garden has a small, decked area, further decorated with greenery. It hosts to a number of covers but the space could be utilised to have more seating if required. There is also a car park with space for 15 vehicles allowing travellers from surrounding villages to visit for a bite to eat.
Your living accommodation
The private accommodation consists of four-bedrooms. The first floor consists of two-bedrooms, a lounge, a kitchen and a bathroom. The further two bedrooms are situated on the second floor.
Surrounding area
The Lower New Inn is located on the main street running into the village of Panteg and therefore situated in the heart of a local community. The beautiful village of Panteg is in the county borough of Torfaen, Wales. It is adjacent to Griffithstown and between the towns of Cwmbran and Pontypool. The village is best known for Panteg Steel Works which has now been turned into residential housing, resulting in a suburban community present just within walking distance to the property. It is just 10 miles south of Abergavenny and two miles north of the busy town of Cwmbran.
Local competition
- Rising Sun Inn,The Highway, Pontypool, NP4 0PJ (0.5 mi)
- Crown Inn,Greenhill Road, Pontypool, NP4 5BQ (0.9 mi)
- Skippies,Charles Street, Pontypool, NP4 5HG (0.9 mi)
- Ashbridge Inn,Avondale Road, Cwmbran, NP44 1DE (1 mi)
- Pontypool,Lower Mill Field, Pontypool, NP4 0RH (1.1 mi)
The Lower New Inn Cwmbran
Potential Turnover
£307,000.00 per annum
This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Partnership Terms
Guide Rent: £19,000.00 per annum, payable weekly in advance.
Based on discount scheme PARTNERSHIP BAND I
The proposed agreement: Retail Partnership Tenancy
(Key terms available online here) however we are prepared to discuss other Partnership agreements.
We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital start-up
£12,250.00 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £19,000.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.
Estimated fixtures & fitting value
£16,000 (excl VAT)
To be discussed with the Regional Manager.
Rateable Value
£14,200
Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search
The Lower New Inn Cwmbran
Regional Manager’s thoughts on the Lower New Inn
The Lower New Inn is a Gastro food house with space for a small drinking area, ideal for after-dinner drinks. This pub is perfect for an experienced food operator, as the current food offering is very successful. We are seeking someone who is enthusiastic, energetic and willing to try new ideas in order to root themselves within the community.
Mike, Regional Manager
