New tenants are being sought to take over the running of The Pointer Inn in Newchurch, with owners Fuller’s looking for someone to build on the village pub’s existing success.
The established Isle of Wight pub is being offered as a tenancy opportunity for someone interested in taking on the landlord’s lifestyle.
The Pointer Inn describes itself as one of the oldest and most traditional pubs on the Island and boasts views across the surrounding downland.
Combining the character of a traditional country pub with a contemporary gastropub offering, the Newchurch venue has built up a loyal local following while also attracting tourists and other visitors throughout the year.
The pub features a recently refurbished interior alongside outdoor dining facilities and a large car park.
Its garden also provides access to a large field and a walk, making the venue suitable for customers visiting with dogs.
Regional pub, hotel and brewery operator Fuller’s says it is looking for an enthusiastic and ambitious tenant with a background or interest in hospitality and a passion for food, drinks and customer service.
The successful tenant will have the opportunity to develop the pub’s existing food and drink offering while becoming part of the local community.
The tenancy is being advertised at a rent of £883.54 per week.
Anyone interested in finding out more about the opportunity can contact Business Development Manager Alix Horne by emailing [email protected] or calling 020 8996 2000.
With the rent and rates not to mention all the other
running costs they don’t stand a chance.
Another housing estate on the cards, bit like the Bugle in
Brading.
Tis Not the Bugle but the former Quay side land
What does that matter, if the so called authorities
want to build, they will build.
There is such a thing called compulsory purchase.
Personally I would rather the pub re-opened but with those
costs it is not very likely.
Greedy Fullers. Setting them up to fail.
Doesn’t tell you though about the get-in fees, which start at £8k and is dependent on the previous years sales, as is the rent….the more you make, the higher the rent goes.
Doesn’t mention the 5 year fixed ‘lower’ rent that negates the Landlord and Tenant Act…meaning that Fullers are not legally required to uphold the living conditions of the tenant and can unilaterally decide what figure to put on ‘repairs’ (passed on…they are not required, remember) but will protect the pub itself.
It’s becoming a little like those machines at the arcades….yes, they sometimes produce money but overall make a packet at the expense of the optimistic. No wonder pubs are shutting at the rate they are.
Never tie a pub to a brewery. There is no such thing as a successful tenant, only one which haemorrhages money over several years only to eventually be left with no business, no home and the same (if not more) debts they walked in with.
I feel genuinely sorry for whoever takes over the tenancy. They will be working very hard to pay Fullers while making little for themselves. It’s very sad to see this happening to yet another pub.