tenancy
Clarence Place, Newport NP19 7AB, UK
Approx. Total Ingoings
£10,500Annual Rent
£22,000As the name suggests, the Riverside Sports Bar & Kitchen sits alongside the river Usk between Newport City Centre and Rodney Parade. The pub is located in the most vibrant part of Newport with continuing investment in riverside luxury apartments, with sports fans enjoying the football and rugby and Newport’s landmark shopping centre-Friars Walk. The offering at the Riverside Sports Bar & Kitchen is centred around good quality food and drink targeting shoppers and office workers in the daytime, with live sport and live entertainment in the evening. The weekend trade benefits hugely with local sporting events with fans coming from across the country followed by live bands and tribute acts making the Riverside Sports Bar & Kitchen the most vibrant part of Newport City centre. Stonegate Pub Partners are now seeking an experienced publican with a passion for live sports and music and the skills to provide a substantial pub food menu to draw in additional trade.
The trade area is open plan, with one large bar and panoramic windows around the edge of two walls. This large space can accommodate up to 250 people and is in good decorative order with brilliant sporting memorabilia. For sport, there are 10 screens across the pub so that no one will miss a minute of the game. For live music there are several raised seating areas with a DJ booth and an area to accommodate live bands and entertainment. For food, there is a comprehensive commercial kitchen behind the bar servery ideal for a pub food tailored towards sports offer and a great Sunday lunch.
An outdoor patio is accessed from a side door and is covered by a fixed shelter. Utilised as a smoking solution, there is also seating for approximately 20 people all of which overlook the River Usk and Newport Castle. A car park for four vehicles is located to the rear of the property for the publican to use.
The private accommodation is large in size and provides a good deal of space for the potential publican. There is a lounge, bathroom, kitchen diner and three bedrooms. The private areas have been fully refurbished including the bathroom.
Tenancy*
Live Music Beer Garden Private Accommodation Kitchen Cask Ale Live Sports
Approx. Total Ingoings
£10,500
Annual Rent
£22,000
Fixtures & Fittings £18000
Deposit £5500
Stock & Glassware £4000
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
