Roman Way Beefeater, Lincoln Road, Newark, NG24 2DB

£795,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Pub

Key features

  • Turnkey operation in prime location
  • Adjacent to Premier Inn (91 rooms)
  • Well presented throughout
  • 290 Covers including external seating
  • Three self contained apartments above the pub
  • Fully Licensed | Energy rating B
  • Christie & Co Ref: 5760520

Description

Description

Roman Way Beefeater is a sizeable, purpose built restaurant and bar, designed in the recognisable Beefeater decor. The unit promotes a family friendly environment, in an excellent location, with an array of restaurant dining, casual seating and a large function room, targeting all day trade from the hotel, local customers and business trade.

The large car park is shared with the Premier Inn which provides a reliable customer base for weekday trade, with local regional catchment to encourage weekend trade.

This is a significant opportunity for an experienced operator to take on a prime turnkey operation, capturing a wide catchment of business from works trade, locals and visitors to the area.

Its vast and flexible internal layout allows the pub to host functions and events seamlessly without significantly impacting day-to-day trade.

* Sale price is subject to VAT

Location

Roman Way Beefeater occupies a highly prominent roadside position on Lincoln Road, Newark, with immediate access to the A1, A46 and A17, providing excellent connectivity and strong passing trade. The site is also a short walk from Newark Northgate train station, with direct trains to London and Edinburgh on the east coast line.

The property forms part of an established roadside leisure pitch, with neighbouring operators including McDonald’s, KFC, Greggs and Co-op Food, creating a busy, well-used destination for both local and transient customers.

Northgate Retail Park is located nearby, offering a strong retail line-up including Next, Boots, TK Maxx, Currys, Home Bargains, Pets at Home and B&M, reinforcing the area’s retail draw. The location is also supported by a large residential area for local customers.

An adjacent Premier Inn hotel provides a consistent and complementary customer base, particularly across breakfast and evening trading periods.

Newark town centre lies a short distance to the south, supporting the location with a broad mix of retail, leisure and residential demand.

Internal Details

The pub's design is focused on maximised covers. Internally, the pub consists of the following;

- Main entrance with welcome station
- Central bar servery with breakfast station
- Casual seating near the bar, with a mixture of bar stool and arm chair seating totalling c.35 covers
- Two formal dining areas – 82 covers
- 100 cover dining room that would suit as a function / conference room
- Customer WCs

Ancilliary areas include a commercial kitchen, cellar, pot wash, bottle store, cellar, staff facilities and further storage.

Fixtures & Fittings

The trade fixtures and fittings are included in the purchase price. Certain items bearing corporate identity, brand name, third-party owned or on the excluded list (see “Terms of Disposal” document) may be removed from the property prior to, or shortly after, completion.

T&C’s Link

Click Here for Terms and Conditions

Owner's Accommodation

Located above the pub, there are three self-contained apartments that would suit a range of flexible use, for owners, chefs and wider staffing.

The accommodation contains the following;

- Self contained two double bedroom managers flat, with kitchen, reception room and bathroom
- One bedroom flat, consisting of open plan kitchen, living and dining room, plus bathroom
- Bedsit with single open plan room and fitted kitchen and bathroom

The Opportunity

Roman Way Beefeater offers a rare opportunity to acquire a sizeable, fully fitted large scale licensed restaurant, with well proven trading characteristics as a turnkey operation.

The property offers:
- Turnkey operation, reducing up front capital expenditure
- Strong footfall of potential customers from the adjacent Premier Inn hotel
- Strong family dining appeal
- Existing all day trade
- Excellent roadside position and large car park
- Potential to uplift the offering with alternative branding or independent concepts

Staff

The property is being offered for sale as a going concern. Relevant staffing details are available within the data room for review by qualified parties.

Trading Information

Trading information is available exclusively to qualified buyers via a secure data room. Access is subject to the execution of a signed Non-Disclosure Agreement (NDA). For further details, please contact the appointed agent.

Regulatory

Premises Licence.

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Roman Way Beefeater, Lincoln Road, Newark, NG24 2DB

NEAREST STATIONS

National Rail

Newark North Gate Station

0.89 miles

National Rail

Newark Castle Station

1.28 miles

National Rail

Collingham Station

3.97 miles

About Christie Owen & Davies Ltd, Pubs & Restaurants

Christie Owen & Davies Ltd, Pubs & Restaurants

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.

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Disclaimer - Property reference 5760520-fh. 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 Owen & Davies Ltd, 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.