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Ponthir House Newport

Ponthir, Newport, NP18 1PG

Pub Code: 2302892101

Key Features

  • Traditional Community Pub
  • Catering Kitchen
  • Outside Trading Area
  • Established Trade
  • Private Accommodation
  • Car Park

Est Min Ingoing Costs: £11,490

Annual Rent: £23,882

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More Information

The Ponthir House is located in the village of Ponthir, close to Newport. The pub is surrounded by residential housing and is situated near the historic Roman town of Caerleon a popular attraction for tourist throughout the summer months.

Demographics

The pub benefits from being one of only 2 pubs found in an area of around 1,127 adults within in a ten-minute walk of the pub. The Ponthir House customer base is made up of midlife carefree and mature adults.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food & drinks offer. What food & drinks would you look to implement in the pub?

The site currently has the ability to drive trade via strong community links and building and establishing a great Sunday Lunch offer. It offers a selection of a pub classic menu, popular beers, ciders, wines and spirits, and coffees.

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from working within a retail food or pub environment, we would love to hear from you and see what you can bring.

The right operator for the pub will have extensive experience working with high volumes of food. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

  • Foundation Tenancy

  • Outdoor Trade

  • Catering Kitchen

  • Private Accommodation

Trading Area & Facilities

  • Main trading area with bar
  • Dining area
  • 45 internal covers
  • 45 external covers
  • Medium sized kitchen
  • SmartDispense
  • Enclosed garden with paved seating area
  • Car park with CC 15 spaces

Private Accommodation

Private accommodation consists of 2 bedrooms, a living room, bathroom, and Kitchen.

Annual Rent £
23,882
Estimated Annual Turnover £
362,879
Deposit £
5,971
Estimated Fixtures & Fittings Value £
15,000
Estimated Stock Valuation £
6,000
Estimated Working Capital £
3,500
Estimated Total Ingoing Costs £
30,471
Estimated Minimum Ingoing Costs £
11,490
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.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Location:

Ponthir, Newport, NP18 1PG

Google map location image of Ponthir House Newport