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The New Inn, Leam Terrace, Leamington Spa, CV31 1DW

£160,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Annual rent of £72,000
  • 70/30 wet/dry respectively
  • 3 double bed owner's accommodation
  • Large beer garden seating 100+
  • Featured in CAMRA’S Good Beer Guide 2024
  • Characterful bar and seating areas. Energy Rating D
  • Christie & Co Ref: 5854408

Description

Description

The New Inn in Leamington Spa is a traditional pub dating back to 1860.

The pub offers a great selection of real ales and delicious home-cooked food, making it a popular spot for locals and visitors alike.

Location

The New Inn is situated a mile east of Leamington town centre, accessible via Radford Road. It is situated circa 10 minutes’ drive from the M40 which connects London to Birmingham, providing easy access to and from major cities.

Internal Details

The property is set over three storeys. The ground floor has a main bar and dining area, with additional seating to the side and a full commercial kitchen. There are approximately 80 covers indoors and to the rear is male and female WC’s.

At first floor level there is immaculately presented owners accommodation with two double bedrooms, a lounge and kitchen.

To the second floor is a further double bedroom, family bathroom and office.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

External Details

Externally, there is an extensive beer garden with outdoor heating and a landscaped garden. Additionally, there are two outdoor stores currently used for storage.

The Opportunity

This is a fantastic opportunity to take over a one of the only wet led pubs in the affluent Leamington Spa. It has a great reputation with locals and visitors alike and offers a true turnkey opportunity.

The business is on reduced hours during the week so there is the opportunity to increase these trading hours.

Staff

The business is currently owner operated with a complement of full and part-time staff.

Trading Information

Further details can be provided upon request.

Trading Hours

Tuesday & Wednesday: 12pm - 3pm / 5pm - 11pm
Thursday: 12pm - 11pm
Friday & Saturday: 12pm - 12am
Sunday: 12pm - 11pm

Business Rates

The Rateable Value is £16,750 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.

Energy Performance Certificates

EPC 1

Brochures

The New Inn, Leam Terrace, Leamington Spa, CV31 1DW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leamington Spa Station0.7 miles
  • Warwick Station2.7 miles
  • Warwick Parkway Station4.0 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5854408-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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