Beer Garden
External Drinking Area
Car Park
Restaurant/Dining
Property details
On the main street in the affluent village of Coddington, the Inn on the Green is surrounded by a mix of private homes. It is close to the historic town of Newark and only one mile from Newark Showground, famous for its Antique and Collectors fairs, as seen on Bargain Hunt and hosting other regular events. With good road connections, close to the A1, A17 and A46 it is in the perfect location to capture a strong passing trade.
The pub has an open-plan layout with zoned areas separating the bar and a private dining area. With traditional style décor and a large open fire creating a cosy atmosphere. There is a good-sized, U-shaped kitchen with good storage catering for the 90 covers.
Externally there is a large wraparound car park. Some outdoor trading space with picnic-style benches at the front of the pubs two entrances.
The private accommodation is across two floors and has been recently decorated. The First floor has three bedrooms, a kitchen with a living room off it, a bathroom and a separate toilet. The second floor has two further bedrooms/storerooms. In line with the landlords ready to trade promise, they will ensure the private accommodation is in good condition so that you can focus on your business.
Catering Kitchen
Experienced Operator
Trading style
This premium local currently offers Classic pub food with regular specials, cask ales, and good coffee. With the right operator, there is the potential to develop this offer taking the pub to the next level, a great pub with great food!
The all-day food offer will maximise sales across different trading points of the day and will attract a wide range of customers from passing trade, and families, to the more mature individuals and couples. The community-focused atmosphere will appeal to local groups.
The landlords are looking for an operator with experience who has the ambition to drive the business to the next level. Are you looking to take the next steps on the L&T ladder or looking to extend your portfolio? If so, please apply.
Key financials
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Reference Number:
8M9JTW / 2303022101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£16,264.00
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Annual Rent:
£33,162.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £33,162
Estimated Annual Turnover £546,946
Deposit £8,291
Estimated Fixtures & Fittings Value £25,515
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £47,306
Estimated Minimum Ingoing Costs £16,264
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.