UNOPPOSED 17TH CENTURY VILLAGE PUB

  • Price: £10,000
Isle of Wight, England
Seller Ref:626
For Sale

UNOPPOSED 17TH CENTURY VILLAGE PUB

Isle of Wight, England
Seller Ref:626
  • Price: £10,000

Overview

Seller Ref: 626

Description

• Unopposed 17th Century village pub
• £5,000 relocation package from landlords: £10,000 rent in year 1
• Seats 70 inside with multiple trading areas
• Newly refurbished patio trade garden also seats 70
• Well fitted catering kitchen with two cooking stations
• Two-bedroom owner’s home with private kitchen/breakfast room
• Car park for 20 and additional outside storage space
• Potential to turnover £8,000 per week – ideal for experienced caterer

Other Terms:
The property is available on the basis of a brand new agreement with the Stonegate Group. There will be a wet tie to the Stonegate Group. During Year 1, the rent has been reduced to £10,000 per annum. Year 2 rent is £22,000 per annum.
Location Details:
The village of Shalfleet is situate almost equidistant between the towns of Newport and Yarmouth on the Isle of Wight. This pretty village dates back many hundreds of years and can boast a number of historic buildings including the New Inn itself. In more recent times, there has been plenty of additional house building and Shalfleet is home to over 1,200 people in which the New Inn stands unopposed. The island’s largest town of Newport is only a 15-minute drive with Yarmouth 10 minutes away. In addition to the substantial all-year-round tourist trade, the area has a high demography and there is substantial demand from customers looking to enjoy a quality pub offer especially accompanied with good food.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry