Kasbah Ryde
Summary
Isle of Wight Opportunity Due to receive an incredible £340k investment from Star Pubs, The Kasbah is a rare business opportunity on the renowned, bustling Isle of Wight.
Description
Isle of Wight Opportunity
Due to receive an incredible £340k investment from Star Pubs, The Kasbah is a rare business opportunity on the renowned, bustling Isle of Wight. Located just meters from the pier and waterfront, in the heart of the seaside town of Ryde, the pub attracts a huge number of tourists in the summertime and festival season. As a result, Kasbah appeals to both seasonal trade and also a steady local trade from the residents of the town.
With a revamped, striking Tudor style façade, the pub will showcase a brand new design and theme that will attract a new clientele to the venue. Staying away from a value offer, it will instead give customers a great experience, with a simple food menu complemented by a great drinks offer, which will include cocktails and a gin range. The Kasbah also boasts nine, en-suite guest rooms.
Innovative Entrepreneur Wanted
Would you suit this pub? The ideal operator is preferably someone who understands the local area and can demonstrate previous experience of working with a seasonal customer base. The ability to demonstrate how to maximise occupancy in the guest rooms is required in addition to a robust business plan.
Upfront cost
£60,854
Cost type:
Upfront
Key facts
Upfront cost
£60,854
Turnover (annual)
£553,868
Rent
£53,418 (annual)
Location
PO33 2LN
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
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