The Restaurant is located on the outskirts of Newport, the Island's County Town, well placed to benefit from its population of 60,000. It sits adjacent to a Council operated car park effectively free of charge from 5.00 p.m. each evening. Newport is the Island's retail and commercial centre, enjoying a dramatic increase in population during the ever extending tourist season, coming to explore its variety of shops, restaurants, pubs and hotels. Most recent operators, Prezzo Restaurants, opened in the town, following on from Pandora and a large J D Wetherspoon.
The premises are held on the balance of a 15 year lease from 1st December 2015 at a current passing rent of £6,000 p.a. to 1st November 2016 with a rent increase to £750 pcm (£9,000 p.a.) from 1st November 2016. The present tenant will cover the cost of the Rent until April 2017
• Rarely available Free House with the capacity for 100 internal plus 100 external drinkers/diners • A long...More Details
32 En-suite roomsPurpose built hotelRestaurant (62 covers) and BarPopular Island resort locationSame owners...More Details
The restaurant and bar currently offers a fairly basic menu of breakfasts, traditional lunches, sandwiches,...More Details