Newark on Trent, Nottinghamshire, ID 166453
Location: Situated on the River Trent with views of Newark Castle and Trent Bridge, the property is only a few hundred yards from Newark town centre. Newark lies on the Nottinghamshire/Lincolnshire border and benefits from good road links via the A1M. The town is home to notable attractions including Newark Castle, the National Civil War Centre & Museum, and Newark Golf Club. Property: The barge is a 100ft former grain cargo boat built in 1923 and converted into a public house. Trade Areas: * Top Deck: Seating for 56, carpeted flooring, darts board, fridge/freezer storeroom * Lower Deck: Open-plan seating for 100, wooden main bar servery, mixed carpet and wooden flooring, catering kitchen * Entrance Halls/Landings: Storage rooms, laundry room, and barrel cellar * External: Trade patio/beer garden with bench seating for 192 Licence and Services: * Full premises licence for alcohol sales * Mains electricity, water, waste facilities, fire and burglar alarms * Rateable value: £26,000 * Local authority: Newark & Sherwood District Council Business Overview: * Operated by the same family since 1980; owners seeking retirement sale * Freehold opportunity * Trade split: 75% wet sales, 25% food sales (menu includes cooked breakfasts and evening pizzas) * Popular for quizzes, live music, and private functions (weddings, parties, christenings, wakes) * Supports two darts teams * Managed by a manageress with 2 full-time and 14 part-time staff * Vessel renovated in dry dock in 2019 (£60,000) Financials (Year End September 2025): * Net turnover: £533,153 * Net profit: £70,360 * Adjusted net profit: £77,655 (adjusted for depreciation, travel, and motor expenses) This is a unique floating pub with strong local and destination trade, offering a substantial opportunity for an experienced operator or investor.
