New Inn S&N Lease For Sale

Business description

Key Features
New acquisition for Pub Enterprises
Only pub in sought after village location
Established food offer
Local teams
Grade II listed building, circa 1790



The New Inn at Folkingham is a new acquisition for Pub Enterprises. The pub is the only pub in Folkingham, which is a substantial village located just off the busy A15. Built circa 1790 the New Inn is grade II listed building and it retains much of it's original character. The trade areas consist of a well appointed bar area with a dedicated restaurant area to the rear with a large beer garden overlooking the local church. A thriving locals trade is well supported with an established food offer.

The private accommodation comprises one bedroom, lounge, kitchen and bathroom.

The ideal candidate will have a proven track record in catering whilst having the ability to operate in a local village environment.


The fair maintainable turnover of this business is estimated at £225,000 pa (exclusive of VAT), based on current trading conditions. This estimate is subject to there being no substantial future changes to the trading conditions affecting the business. Prospective lessees must satisfy themselves as to the sustainability of the trade and this should be reflected in the Business Plan.

The current rateable value of the business is £5,200 with rates payable at 44.5p in the £. Rates payable = £2,314. This does not take account of any applicable transitional relief and the figures are quoted for the purpose of business planning only.


This property is a new acquisition; we are therefore unable to verify barrelage or turnover figures.

GENERAL INFORMATION

About S & N Pub Enterprises

Scottish & Newcastle Pub Enterprises is the leased pub division of Scottish & Newcastle UK and operates over 2000 pubs in partnership with individual business people throughout the UK. S&N Pub Enterprises is recognised as being the leased pub company of choice, with a huge variety of pubs in some of the best possible locations. We manage pubs on behalf of a number of leading financial partners, all of whom leave it to us to develop the pubs in conjunction with our lessees. Our pubs are supported by capital investment of over £10m each year that sustains and grows our lessees' businesses.

Superb Brands

Scottish & Newcastle are the number one drinks business in the UK, and offer our lessees a range of brands that is second to none. This includes not just some of the best known national brands, but also regional favourites as well as winning brands from other S&N companies around the world. We are able to supply a range of beers, ciders, and soft drinks, as well as a core range of wines and spirits. Every year S&N invests heavily to build its brands and make them the brands that pub customers will want to drink. It also invests in creating new brands that can help build additional sales.

Property information

Living accommodation:

The private accommodation comprises one bedroom, lounge, kitchen and bathroom.