Pub Overview Located in the exclusive village of North Thoresby, just north of the seaside town of Mablethorpe, the New Inn is a beautiful pub. Fantastic opportunity to take over a community focused pub. What would you do with this pub to make it a success? The area The New Inn North Thoresby in the exclusive village of North Thoresby, just north of the seaside town of Mablethorpe, the New Inn North Thoresby is a beautiful pub. Demographics The pub benefits from being one of 1 pub found in an area of around 474 adults within a 10-minute walk time. The customer base is made up of 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 maintaining a well thought through food & drinksoffer. What food & drinks would you look to implement in the pub? The site currently has the ability to drive trade via selection of pub games, such as pool, and darts. We’re always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the pub will have extensive experience in a destination food outlet hospitality business. 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 Features Foundation Tenancy Catering Kitchen Function Room Cask Ale Pub Games Outdoor Trade Private Accommodation Car Park Trading Area & Facilities Two room operation Dining room Small games room off the lounge 90 internal covers 40 external covers Large kitchen Function room Smart Dispense Large outside garden Car park with 30 spaces Private Accommodation Private accommodation consists of 3 bedrooms, a living room, kitchen, and bathroom. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £37,217 Estimated Minimum Ingoing Costs £13,405 Annual Rent £22,869 Estimated Annual Turnover £373,326 Deposit £5,717 Estimated Fixtures & Fittings Value £20,000 Estimated Stock Valuation £8,000 Estimated Working Capital £3,500 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. Downloads Demographics Report Download arrow Energy Performance Certificate Download arrow