Canal Boat Pub for Sale on River Trent Near Newark Castle in Nottinghamshire

Description

Business type: floating public house

Location: River Trent, Newark, Nottinghamshire

Tenure: freehold

Financial Information

Financial year end: September 2025

Net turnover: £533,153

Net profit: £70,360

Adjusted net profit: £77,655

Adjustments include depreciation, travel and motor expenses.

Property

• Former grain cargo barge
• Built in 1923
• Length: approximately 100 ft
• Converted for use as a public house
• Renovated in dry dock in 2019

Renovation expenditure in 2019: approximately £60,000

Top Deck

• Seating for approximately 56 customers
• Carpeted flooring
• Dartboard
• Fridge and freezer storeroom

Lower Deck

• Open-plan seating for approximately 100 customers
• Wooden bar servery
• Carpeted and wooden flooring
• Catering kitchen

Additional Areas

• Entrance halls and landings
• Storage rooms
• Laundry room
• Barrel cellar
• Outside patio and beer garden
• External bench seating for approximately 192 customers

Business Information

Family ownership: since 1980

Sales mix:

• Wet sales: approximately 75%
• Food sales: approximately 25%

Food service includes cooked breakfasts and evening pizzas.

Events and Activities

• Quizzes
• Live music
• Weddings
• Private parties
• Christenings
• Wakes
• Two darts teams

Staff

• One manager
• Two full-time employees
• Fourteen part-time employees

Licence and Services

• Premises licence for alcohol sales
• Mains electricity
• Mains water
• Waste facilities
• Fire alarm
• Burglar alarm

Rateable value: £26,000

Local authority: Newark and Sherwood District Council

Location

• Views of Newark Castle and Trent Bridge
• A few hundred yards from Newark town centre
• Road access via the A1
• Near Newark Castle
• Near the National Civil War Centre
• Near Newark Golf Club

Reason for sale: retirement