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Beer Garden
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External Drinking Area
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Car Park
Property details
The Taverners occupies a prominent position within Godshill, a picturesque village renowned for its traditional character, independent businesses and year-round visitor appeal. Located close to the popular Model Village and surrounded by countryside, the area attracts both residents and visitors exploring the Isle of Wight, creating a broad customer base and a strong platform for a destination food business.
Food plays a central role in the business, with the pub building a strong reputation for quality pub food and award-winning Sunday roasts. The existing offer provides a solid foundation for an operator looking to build on an already successful food business while maintaining consistently high standards.
Full of character, the pub benefits from a variety of trading spaces, including two restaurant areas, a comfortable snug and a spacious main bar and dining room. Original features, including open fireplaces, help create a setting that works equally well for everyday dining and special occasions.
Outside, the pub benefits from an attractive garden, providing additional covers and helping to make the most of seasonal trade.
The pub includes private on-site accommodation comprising three bedrooms, a kitchen and a lounge.
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Catering Kitchen
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Team Games
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Pool Area
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Experienced Operator
Trading style
The Taverners is a well-established food-focused pub located in the heart of Godshill, one of the Isle of Wight’s best-known and most visited villages.
This opportunity will suit an experienced food-focused publican, chef-publican or hospitality partnership looking to run a successful village pub with an established reputation.
Someone who can continue to deliver a quality food offer, maintain strong standards and create reasons for customers to visit throughout the year will do well here. An understanding of seasonal trading, local produce and community engagement will be beneficial.
A hands-on operator with a passion for hospitality and attention to detail will be well placed to build on the pub’s existing success.
Key financials
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Reference Number:
9MTS0A / 300226
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,750.00
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Annual Rent:
£39,500.00
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.
Financial Information:
- Pub Deposit = £9,875
- Private Accommodation Deposit = £1,500
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures and Fittings Weekly Rent = £58
- Working Capital = £8,000 - £10,000
Business Information:
- Annual Rent = £39,500
- Forecasted Annual Wet Turnover = £266,915
- Forecasted Annual Food Turnover = £259,753
- Forecasted Annual Other Turnover = £6,725
- Agreement = Flexible Tenancy