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New Inn, Weston Super Mare

Kewstoke, BS22 9XL

Your investment

£10,000

Agreement Type

Long Term Agreement (5 Year Tenancy)
  • Fantastic location
  • Nicely decorated
  • Opportunity to drive food sales

The New Inn stands as a prominent landmark in the scenic village of Kewstoke, just a short walk from Sand Bay, one of the finest beaches in the South West. Adding to its appeal, the bustling seaside town of Weston-Super-Mare is conveniently close by. Kewstoke itself is a charming, affluent village with a population of around 2,000, attracting both local patrons and visitors. From March to October, the area experiences a surge in visitors, thanks to the many nearby touring sites, making it a thriving hub for trade during the tourist season.

Pub Layout

The New Inn is a charming, stone-built property offering parking for up to 15 cars. Visitors are welcomed through a front entrance that leads to a porch and patio area complete with outdoor seating. Upon entering, you’re greeted by the cosy bar area, complete with a pool table and darts board, creating a relaxed and social atmosphere. The central bar serves as a hub, offering direct access to the kitchen. With its traditional décor and warming open fires, The New Inn exudes a welcoming, rustic charm. The ladies’ and gents’ restrooms are located toward the rear of the pub, with access to a courtyard that serves as an ideal, convenient smoking area.

The New Inn is a welcoming community pub, perfect for families, and home to several sports teams that compete in various local leagues. Admiral Taverns is seeking passionate and motivated applicants who are eager to immerse themselves in the heart of the community. A key opportunity lies in reintroducing a food offering, which has proven popular in the past and can be easily relaunched with the support of our expert catering team. Additionally, introducing a selection of cask ales and ciders would be an excellent way to appeal to local tastes and further enhance the pub’s appeal.

Private Accommodation

The domestic accommodation is situated on the first floor, consisting of four bedrooms, lounge, bathrooms, kitchen. All are in reasonable order.

Annual Rent: £22,000

Security Deposit: £5,000

Working Capital: £2,500

Stock: £2,500

Fixtures and Fittings: To be confirmed upon valuation –  funding options may be 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: £325 plus VAT

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

The New Inn is ideal for a community-minded licensee eager to play an active role in Kewstoke village life. You’ll need the energy and vision to relaunch the pub by introducing a food offering, engaging through social media, and supporting local sports teams. Additionally, you’ll have the opportunity to tap into the pub’s full potential by capitalising on the influx of tourists during the busy summer months.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

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 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.  Please note, this only applies to pubs marked with an Asterix *


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