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Newborough Arms Caernarfon
Bontnewydd, Caernarfon, LL55 2UG
Pub Code: 0050619101
Key Features
- Great Location
- Catering Kitchen & Carvery Unit
- Function area
- Large Beer Garden
- Car Park
Est Min Ingoing Costs: £8,792
Annual Rent: £17,021
More Information
Family Friendly Community Local
The Newborough sits in the popular tourist town of Caernarfon. This family-friendly pub is a popular destination for locals and visitors. Previously known for serving good quality carvery food alongside an a la carte menu. The inside of the pub has a warm and welcoming feeling with its various snug areas and open fireplace. The pub also benefits from a games room, pool table, and a large restaurant area, also used as a function room. The large back garden could become a real magnet for customers on those warm summer days it just needs a bit of TLC.
Passionate and Driven Pub Operator Required
Do you have the positive and driving attitude of a successful pub owner? Do you have a clear vision for how you can rejuvenate this popular family friendly pub? If so, we want to work with you. We need someone that can deliver excellent hospitality. The ability to drive trade with a strong offer of food and drink is essential.
The Newborough sits in the popular tourist town of Caernarfon. This family-friendly pub is a popular destination for locals and visitors. Previously known for serving good quality carvery food alongside an a la carte menu. The inside of the pub has a warm and welcoming feeling with its various snug areas and open fireplace. The pub also benefits from a games room, pool table, and a large restaurant area, also used as a function room. The large back garden could become a real magnet for customers on those warm summer days it just needs a bit of TLC.
Passionate and Driven Pub Operator Required
Do you have the positive and driving attitude of a successful pub owner? Do you have a clear vision for how you can rejuvenate this popular family friendly pub? If so, we want to work with you. We need someone that can deliver excellent hospitality. The ability to drive trade with a strong offer of food and drink is essential.
Trading Area & Facilities
Newborough Arms is a central bar operation with two main trading areas all well maintained to a high standard. The layout has a number of small snug areas, an open fireplace, and a large restaurant area that is also used for hire as a function room. The Pub has a seating capacity for circa 80 supported by a catering kitchen and fixed carvery area. The pub benefits from a large beer garden to the rear of the pub. The car park can accommodate circa 40 cars.
Private Accommodation
Private accommodation onsite consists of three bedrooms, a kitchen, a living room and a bathroom. In line with our Ready to Trade Promise, we will ensure the private accommodation is in good condition, so that you can focus on your business.
Premises Licence Details
Please refer to Premises License for full details.
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
11:00 - 00:30 |
11:00 - 00:30 |
11:00 - 00:30 |
11:00 - 00:30 |
11:00 - 00:30 |
11:00 - 00:30 |
12:00 - 23:30 |
| Annual Rent | £ 17,021 |
| Estimated Tenants Annual Operating Profit | £ 20,520 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
| Estimated Annual Turnover | £ 283,295 |
| Estimated Annual Barrelage | 155 |
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 4,700 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 3,885 |
| Deposit Amount | £ 4,255 |
| Rent in Advance | £ 327 |
| Training Fee | £ 425 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
| Premises Licence Fee | £ 180 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 14,747 |
| Estimated Minimum Ingoing Costs | £ 8,792 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.
A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
| Other SP&B Ongoing Charges | |
|---|---|
| Estimated Annual Building Insurance | £ 1,144 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
| Estimated Annual Repairs Fund | £ 1300 |
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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