Run a Stonegate Pub - New Inn Shalfleet Newport, Isle Of Wight

About the Pub

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.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £33903
Fixtures / Fittings: Est. £25000
Guide Rent: £30000 pa
Potential Turnover: £423266 pa

Regional Manager's Thoughts

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.

Surrounding Area

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.

Similar searches: Pubs and Bars, Newport, Isle of Wight