Pub Overview
Complete refurbishment planned.
A refurbishment will turn the Barley into a premium high street pub. A chameleon venue, covering all trading occasions from breakfasts through to the early hours on the weekend.
With the installation of a large, outdoor, covered terrace with heating and lighting creating a great all-year round trading space.
The area
The Barley is located in the Shropshire town of Newport. Newport high street is a typical large market town centre, with a mix of pubs, restaurants, and local shops. It also acts as a destination for many of the outlying villages in the surrounding area. 10,000 people living within a walking distance of the pub, as well as an additional 5,000 students that are enrolled at Harper Adams University (on the edge of town) every year.
The offer
The Barley is available on our investment tenancy agreement. Click here for more information on this agreement.
When refurbished, the Barley will offer:
* A wide range of draught products from traditional lagers through to craft ales.
* A range of premium spirits supplemented by great cocktails and a fabulous wine list.
* A home-cooked, traditional pub classics food menu with a variety of specials.
* Coffee and Wi-Fi.
* Weekend entertainment and DJs to maximise the night opportunity.
The right operator
The right operator for the Barley will have experience of operating high wet and food volume town centre sites. They will have a clear vision for their food & drinks menu, marketing strategy, 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
* Refurbishment Planned
* Investment Tenancy
* Catering Kitchen
* Outdoor Trade
* Private Accommodation
Trading Area & Facilities
The Barley will be undergoing a refurbishment which will cover the interior and exterior of the pub.
The pub's trading area and facilities post-refurbishment will be:
* Main trading area with central bar
* 127 internal covers
* 108 external covers
* Commercial kitchen
* Smart Dispense
* Large, covered terrace with lighting and heating for outdoor trading
* Operator car parking
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom, and office. Where required, appropriate works will be carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Estimated Total Ingoing Costs: £62,203
Estimated Minimum Ingoing Costs: £62,203
Annual Rent: £44,813
Estimated Annual Turnover: £650,424
Deposit: £11,203
Estimated Fixtures & Fittings Value: £40,000
Estimated Stock Valuation: £7,500
Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized as part of the commercial agreement. All figures quoted are exclusive of VAT.
Downloads
* Demographics Report Download
* Energy Performance Certificate Download
* Refurbishment Details Download
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