Back to Search results

Masons Arms, Newport

Newport, NP11 6LH

Your investment

£6,000

Agreement Type

Tenancy

The Masons Arms, Is a detached pub situated on the busy road through Pontymister, a small village on the outskirts of Newport , South Wales. It benefits from being surrounded by numerous densely populated housing estates yet just minutes from the main roads connecting to Newport and the train station across connecting to the valley and Newport city.

The Masons Arms is a detached pub situated on the busy road through Pontymister, a small village on the outskirts of Newport, South Wales.  It benefits from being surrounded by numerous densely populated housing estates yet just minutes from the main roads connecting to Newport and the train station connecting to the valley and Newport City. Admiral Taverns would like to invest in this pub externally (subject to board approval)

Pub Layout

The main bar is accessed through the front door with the bar in a prominent position straight in front of you. To the right is a small lounge style area with a mixture of fixed and loose seating, this area is utilised by the locals. To the right of the bar is another area which houses the pool table and television, with the pool table being used by the pool team hosting home and away matches. To the rear of the pub is a more relaxed lounge area with fixed seating and a log fire. The commercial kitchen is situated on the first floor.  The car park is accessed from the side of the pub and has space for ten cars. The pub benefits from two beer gardens one immediately accessed via the rear of the pub which has views over the neighbouring towns and the second being a paved area reached via the car park.

The Masons Arms is a drinks focused community local pub with a huge opportunity to upgrade the current retail offer by a strong rhythm of the week and televised sports. The commercial kitchen is not currently being used but in the past has been a welcomed addition with a bar snack menu.  The new licensee should look to relaunch a value food offering bringing in families from the community.

Private Accommodation

The private accommodation is situated on the first floor , with two double bedrooms, bathroom and sitting room.

Annual Rent: £16,000

Security Deposit: £3,000

Working Capital: £2,000

Stock: £1,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £250 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

I am looking for a passionate and driven individual or couple who have excellent retail standards. Ideally the best person for this pub would be someone at ease with the local demographic who can embrace all that this pub has to offer.  They will need a strong marketing plan and a social media presence is essential to ensure the business is being driven forward.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for   weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.

.


Keep up to date with vacancies

This field is for validation purposes and should be left unchanged.