Overview

Could you run this Newport pub?

Are you looking for a pub with cultural heritage significant to a local community? Look no further than the Railway Medina.

Pub and location

Situated in Newport, Isle of Wight, this pub is located on the outskirts of the town centre on the core circuit and accessible from the town centre in minutes.

It’s currently a 100% wet-led community pub. However, there is a fantastic opportunity to create a food offer in the kitchen. Sunday lunch would be a fantastic addition, catering to the needs of tourists and the local community.

You’ll find this popular and vibrant pub on an unspoilt street corner with a welcoming atmosphere inside and enticing external seating. It’s a pub with history and significance, as it was named after the now-demolished Newport Railway Station, so it contains lots of memorabilia.

Inside, there are two distinctive trading spaces. The main bar has a pool table and darts and some seating with a small bar to serve from, and you can access the street and toilets from it. The Lounge bar has more seating with a door leading to the pretty patio garden area, which also has a small service bar. The Lounge bar is ideal for drinks and food.

Situated in Newport, Isle of Wight, you’ll find this pub on the outskirts of the town centre, near a large retail park. The pub is on the town centre circuit near housing and retail.

Ideal operators

We’re seeking experienced operators passionate about driving this community pub and all it entails. You’ll have catering experience, adding food to the guests’ experience. You’ll also have a proven track record of bringing your pub ventures to life on social media.

Private accommodation

This business opportunity provides two private bedrooms.

About the Agreement

We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.

Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible price bands and release fees which are available.

Whatever the agreement, with Punch you always get:

A progressive pub company – winners of the Publican Awards 2022!

  • Industry leading investment with a whole world of possibilities
  • Industry leading training, with our Academy and Kitchen
  • Industry leading e-commerce platform – Punch Buying Club
  • Expert coaching and advice every step of the way

Want to find out more about this agreement? Click Here

Chat to a recruitment advisor now about this pub business opportunity.

Financial Information

Deposit
£5,988
Legal Fees
£375
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£27
Working Capital
£4,000 - £6,000
Street Check
Click Here

Business Information

Annual Rent
£23,950
Forecasted Annual Wet Turnover
£213,964
Forecasted Annual Food Turnover
£25,996
Forecasted Annual Other Turnover
£2,032
Agreement
Flexible Tenancy

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