Minimum Ingoing Costs: £9,000
Annual Rent: £20,250
The New Inn is situated in Hockwold. Hockwold is situated in West Norfolk close to the Suffolk Border and in the vicinity of three important airbases (Mildenhall, Lakenheath and Feltwell). The village has a population of 1100, though the local custom is far higher thanks to the UK and US forces at the bases. It’s a single story trading area pub that has had an external refurbishment including a new thatched roof. The area is rural with farming being the most important industry with Thetford Forest close by and the gateway area to the wider Norfolk Broads.
This is a large pub, already well run, which offers scope for an experienced food operator wanting to drive a large good business including functions and private parties while having a decent wet trade. The pub is a key community local with just one other pub in the village though the New Inn is more prominent of the two as it is located on the main road. It attracts local drinkers and visitors and also has a good reputation for good home cooked and hearty food, prepared in the well equipped trade kitchen. Its rural location may suit someone wishing to have a different pace to a large city while having the potential to build business further and seize local opportunities. Use of social media skills is essential and is currently under used.
The New Inn has a large main bar with a darts area and a small snug with settees. The bar leads onto the restaurant with a spacious conservatory. The trade kitchen is off the restaurant area giving good access for service. Outside there is parking for 10 cars with a smoking solution at the back entrance. There is also a very large fenced garden and play area making it excellent for families.
Detailed letting information is available from the Admiral Taverns website which covers information on training and start up requirements. To cover new business start-up costs all applicants must have cash funds to invest, these costs vary depending on each individual site.