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

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

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.

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.

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.

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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

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

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 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.

Premises Licence.