Under Offer

Newdigate Arms

Newdigate Road, Bedworth, Warwickshire, CV12 8EF

Gallery

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Pub overview

A great opportunity for a community focused operator in this busy site. The successful candidates will have a proven track record in delivered a quality drink and food offer in a community focussed business, with a strong affinity to sports and local community activities.

The pub delivers a good quality value food offer and competitively priced drinks to the local community.

2 bars--lounge bar with dining area, public bar with pool table,darts and sky sports. A large rear external patio area with good quality seating.

Trade space
Bars 2
Car park spaces 35
Dining rooms 1
Food covers 75
Gardens 1
Trade kitchens 1
Patio areas 1

£ large bedrooms,1 x lounge, domestic kitchen and bathroom and office.

Private space
Private Rooms 8
Lounge 1
Double bedrooms 3
Private Kitchen 1
Bathrooms 1
Toilets 1
Office 1

Rent information

Annual rent £38,500 per annum
Weekly rent £740.38 per week fixed
Notes

£38,500 per annum, £740.38 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £51,275 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000).

Brokers £675 Legal £825
Deposit £9,625 Stocktaking fees £150
Fixtures & fittings £25,000 Working capital £10,000
Other costs £5,000 Total entry cost £51,275

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 266 1 6,835
2015/16 310 3 6,757
2014/15 280 10 4,189
Volume notes

Location

The pub is located in a residential area of Bedworth, Around 15 minutes drive from Coventry City.

Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

Sunday to Wednesday 09:00hrs to 01:00hrs Thursday to Saturday 09:00hrs to 02:00hrs

Contact Us

Nigel Aaron

Business Development Manager

Call us today 01284 714 497

Apply online
“ The Newdigate Arms is a large 2 bar public house with dining for approx 75 covers. The pub benefits from a large car park,large beer garden/patio area to the rear.Internally there are 2 bars, a large lounge bar with dining area and public bar with pool table/darts and sky sports. ”