New Parkgate Hotel Coventry
Fixed Term Tenancy (FTT)
Forecast Turnover per year:
£395,940
Guide Rent per week:
£538
Alternatively, contact our recruitment team:03333 20 00 36
The New Parkgate Hotel is situated in a prominent position on the edge of a densely populated residential. The pub is significantly close to the Ricoh Arena. Current Trade is attracted from the local community with an enclosed garden it has become popular with families. An experienced retailer is required to run this house as firm control is required. Key business drivers would be built on sports, in-house activities, games teams and local charity events whilst capitalising where possible on events at the Ricoh.
There is a spacious open-plan area with one central bar service. The décor is traditional, with a mixture of fixed and loose seating for approximately 60 covers; the large space is ideal for hosting events and entertainment. The bar has plenty of space for merchandising and marketing. The commercial kitchen is a medium size and would benefit from re-fitting and upgrading. The property has four double-letting rooms of varying sizes which are not currently being utilised to their full potential, these would also benefit from some redecoration.
There is a well-maintained beer garden with a patio, decking and grassed areas that are self-contained. The covered decking area is wired up to use speakers and a TV. To the rear is a purpose-built hexagon-shaped wooden smoking hut with a heater which can be accessed via the back door. The car park is located to the side of the pub with space for 20 vehicles split over two levels.
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