FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
Function Room
FindMyPub.com
Smoking Solution
FindMyPub.com
Car Park
FindMyPub.com
Waterside
Property details
From Central Milton Keynes, head north out of the city centre on V6, Grafton St. Continue until reaching the Stonebridge roundabout. Turn left onto Newport Rd, and then turn right at the next mini roundabout into Bradwell Road, and the New Inn is ahead on the right, just over the canal bridge. New Bradwell is a residential area of Milton Keynes, originally constructed to house the workers at Wolverton railway works. Originally an independent village, it is now part of the fast-growing town of Milton Keynes. The centre MK is roughly 3 miles away, and has all of the amenities you would expect of a modern, vibrant city.
The ground floor has two separate trading areas, each serviced from a central bar. The lounge bar can accommodate 32 covers and the bar and games area can accommodate approximately 27 covers. From these trading areas, there is access to the front garden overlooking the canal, with bench seating catering for over 60 covers. The pub is serviced from a large basement cellar, trade kitchen on the first floor (dumb waiter to the ground floor), and a separate washup area on the ground floor along with an office and several storage areas.
A large attractive brick pub on the side of the Grand Union Canal. The front garden is secluded and offers waterside eating and drinking. There is also an enclosed garden to the rear.
On the first floor, the private accommodation consists of 1 bedroom, box room, living room, toilet and shower room. Additionally, at the ground floor level, there is a self-contained living room, bedroom, and en-suite shower room.
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Catering Kitchen
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Team Games
Trading style
The pub is already popular amongst locals for both food and drink. The current menu consists of freshly made traditional pub food, and by concentrating on quality and value for money, there is room to develop this further. The New Inn is a busy community local pub that is 70% wet & 30% food, split into equal-sized bar and dining areas, served by a central bar.
The pub would benefit from a varied amount of hospitality experience. The ideal operator will need a strong personality and entrepreneurial flair to develop the existing trade, especially the food. Local knowledge of the area and the ability to engage with the community is vital. A great understanding of marketing and an interest in developing a calendar of events would be essential to ensure growth and success.
Key financials
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Reference Number:
NAJ43W /
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£26,000.00
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Annual Rent:
£24,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
The Shadow P&L sets the Fair Maintainable weekly gross turnover of around £8,660 per week, with a wet-to-dry split of 70:30. Sales at this level will support an FMT rent of £24,250. Please note that these are Fair Maintainable figures and for guidance only.
A 3 or 5-year fixed term or renewable tenancy agreement is offered with a full tie to buy all drinks (beer, wines, spirits, minerals, stouts, and ciders) from the landlords. A long-term fully insuring and repairing lease agreement would be considered for a well-funded and experienced applicant.