Pub Overview Attractive New Deal - £12,000rent discount in your first year. Community focused The New Inn is located just outside the town centre of Witney. Within a ten-minute walk time there are over 4,000 people that this pub will appeal to. The local demographics have better than average affluence. There are several pubs situated in the town-centre of Witney, however, there are lots of residential properties non town side which people would need to walk past the New Inn to reach the town. If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter Features Catering Kitchen Outdoor Trade Private Accommodation Foundation Tenancy Trading Area & Facilities One room pub operation in zones: Bar Area and Sports area Separate dining area 20 internal covers 10 external covers Catering kitchen Small covered courtyard 1 0 car parking spaces Private Accommodation Private accommodation at the New Inn consists of 3 bedrooms, a lounge and kitchen. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £20,461 Estimated Minimum Ingoing Costs £8,820 Annual Rent £15,843 Estimated Annual Turnover £262,904 Deposit £3,961 Estimated Fixtures & Fittings Value £9,000 Estimated Stock Valuation £4,000 Estimated Working Capital £3,500 The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT. Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms. The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. Downloads Demographics Report Download arrow Energy Performance Certificate Download arrow Refurbishment Details Download arrow