FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
No Private Accomodation
FindMyPub.com
Letting Rooms
FindMyPub.com
Waterside
FindMyPub.com
Coastal
Property details
The pub sits on Union Street in the heart of Ryde, just metres from the pier and waterfront on the Isle of Wight. The pub is well placed to attract strong seasonal trade from tourists visiting the town, as well as residents and business customers throughout the year. The number of adults within walking distance is not stated in the information supplied and should be confirmed from the demographics report before publication.
The existing customer base includes holidaymakers, people working in the area, and residents looking for a quality pub experience. The refurbishment will reposition the Ryde Arms away from a value-led offer and create a more premium, experience-led venue with a simple food menu, cocktails, gin, coffee, cakes and a strong overnight stay opportunity through its nine en-suite letting rooms.
Ryde benefits from a vibrant hospitality scene, with strong footfall from the seafront, ferry links, tourism and the town centre. The new look and refreshed offer will help the pub stand out as a quality venue and accommodation business in a busy coastal location.
A refurbishment is planned to spend in the region of £340,000 to transform Kasbah Ryde into a refreshed seaside pub with boutique letting rooms, a simple quality food offer and a strong drinks range.
The pub's trading area and facilities post-refurbishment will be:
- Bar with capacity for up to 100 guests
- Breakfast and lounge area
- Entertainment area with TV
- Catering kitchen
- Nine en-suite letting rooms
- Guest toilets
- Courtyard garden
- Outdoor furniture
- Heat lamps
- Festoon lighting
- New signage and lighting scheme
- Refurbished Tudor-style façade
There is no private accommodation on this site.
FindMyPub.com
Catering Kitchen
FindMyPub.com
Live Entertainment
Trading style
A refurbishment is planned to spend in the region of £340,000 to transform the Ryde Arms into a refreshed seaside pub with boutique letting rooms, a simple quality food offer, and a strong drinks range.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the Ryde Arms will have extensive experience in hospitality businesses with a seasonal customer base. They will have a clear vision for the food and drink menu, guest room occupancy, breakfast trade, coffee and cakes, evening drinks, and 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 the landlords what you can bring to this pub’s next chapter.
Key financials
-
Reference Number:
8M9JTW / 2303284101
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£60,854.00
-
Annual Rent:
£53,418.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual:
Estimated Annual Turnover £553,868
Annual Rent £53,418
Entry Costs:
Deposit £13,354
Estimated Fixtures & Fittings Value £39,000
Stock Valuation £5,000
Working Capital Required £3,500
Indicative entry costs £60,854
The refurbishment is anticipated to support an estimated annual turnover of £553,868.
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.