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Slug And Lettuce Newbury

Pubs & Bars • 1-3 Wharf Street, Newbury, Berkshire RG14 5AN Management opportunity
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Summary

This outstanding pub / bar opportunity currently trades as a Slug & Lettuce. It is well located in the heart of the town centre just off the main square, and backs onto the scenic Kennet & Avon Canal.

Description

This outstanding pub / bar opportunity currently trades as a Slug & Lettuce. It is well located in the heart of the town centre just off the main square, and backs onto the scenic Kennet & Avon Canal. It is modern and well-presented with a large, attractive and versatile open-plan layout, plus a street-front bar, enabling a wide scope of potential daytime and evening trading options. It has a large fully equipped trade kitchen which could support a range of food offers.   Key Features • Prime location in Newbury town centre • Versatile space with a wide scope for multiple potential trading options • Opportunity to fully utilise front street bar • Striking canal-side setting with outdoor seating for approx. 60 covers • Fully equipped trade kitchen on the ground floor • Accessible facilities for all customers • Licence provides option for continued late-night trade • Pavement licence Business & Financial Information • Estimated ingoings (upfront): £12,045 • Full deposit: £11,250 • Agreement fee: £795 • Guide rent (weekly): £865 • Guide rent (annual): £45,000 • Forecast turnover (weekly): £677,741 • Forecast turnover (annual): £677,740 Ideal Operator An experienced operator is required, with a clear vision of the optimal trading style and the capability to deliver it successfully. Private Accommodation Two private flats are included with the tenancy: Flat 1: Two-bedroom with a kitchen, bathroom, and living room Flat 2: Additional bedroom ideal for live-in staff Regional Manager's Thoughts This is an exceptional site with real wow-factor. The large and flexible trading space means there’s so much potential to maximise. With the right operator and the right plan, this pub could really thrive. Surrounding Area Newbury is an attractive Berkshire town, strategically positioned halfway between London and Bristol with excellent transport links via the M4 and Great Western Railway. It's widely recognised for Newbury Racecourse and its picturesque canal walks. The town is also home to major employers such as Vodafone, adding to the area’s year-round footfall and spending power. Running a pub in Newbury means tapping into a strong mix of locals, professionals, and visitors drawn by the town’s retail, leisure, and cultural attractions. 

Upfront cost

£12,045
Cost type: Upfront

Key facts

Upfront cost
£12,045
Turnover (annual)
£677,740
Rent
£45,000 (annual)

Location

1-3 Wharf Street, Newbury, Berkshire RG14 5AN
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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