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Drunken Surfer Newquay

Pubs & Bars • 11 Gover Lane, Newquay, Cornwall TR7 1ER Management opportunity
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Summary

Centrally located in Newquay, this venue benefits from both tourist and local trade during the day and is a key part of the central nightlife scene. It is a spacious establishment with income from beverages, food, and gaming.

Description

Centrally located in Newquay, this venue benefits from both tourist and local trade during the day and is a key part of the central nightlife scene. It is a spacious establishment with income from beverages, food, and gaming. The venue features two large trading areas that can operate jointly or as separate units. It boasts attractive outdoor terraces with a potential seating capacity for eighty patrons. A fully equipped catering kitchen is situated on the first floor, complete with three food lifts. Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Having two bar sections makes this venue ideal for hosting dual offers. The outdoor area is a significant asset for attracting the summer crowd. The venue is located in the prime nightlife district. Additionally, its proximity to one of the bustling beaches ensures a steady flow of passersby heading to the sand. Sea views are, of course, an added advantage. Business & Financial Information • Estimated ingoings (upfront): £9,295 • Full deposit: £8,500 • Agreement fee: £795 • Guide rent (weekly): £654 • Guide rent (annual): £34,000 • Forecast turnover (weekly): £746,277 • Forecast turnover (annual): £746,276 Ideal Operator An experienced operator is required, capable of managing both wet and dry income channels. The operator must also be adept at leading and maintaining a sizable team. Private Accommodation No private accommodation is available at this time. Regional Manager's Thoughts This presents a fantastic opportunity for an entrepreneurial operator to develop one or two outstanding offers. The venue is well-situated, necessitating someone who can capitalize on the existing trade in the area as well as create an offering that will establish the venue as a premier destination. Surrounding Area Newquay is a highly popular tourist destination, attracting a significant number of visitors during the summer for holidays and major events like Boardmasters. The pub is situated in the primary hospitality zone, flanked by Walkabout and Sailors Bar and Nightclub. The vicinity is dominated by holiday parks and hotels that cater to tourists. Over the past five years, Newquay has expanded considerably, with substantial housing developments either recently completed or underway.

Upfront cost

£9,295
Cost type: Upfront

Key facts

Upfront cost
£9,295
Turnover (annual)
£746,276
Rent
£34,000 (annual)

Location

11 Gover Lane, Newquay, Cornwall TR7 1ER
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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