Fantastic location near City Centre!
Old Malt Shovel Newark
Retail Partnership Tenancy (Beacon)
Forecast Turnover per year:
£208,969
Guide Rent per week:
£278
Alternatively, contact our recruitment team: publican-recruitment@stonegategroup.co.uk
The Old Malt Shovel is a spacious, characterful pub located on a prominent main road into Newark from Lincoln. This is a fantastic pub opportunity in Newark for an operator looking to maximise both food and drink sales in a well-located site.
Traditionally decorated, the pub features two log-burning fires, creating a warm and cosy atmosphere during the colder months. The property offers a single servery within an attractive traditional bar and an open-plan trading area leading into a rear extension.
This space forms a dedicated restaurant area with seating for approximately 30 diners, previously used for small functions and private events, providing additional income streams. The business also has a strong history of live music, including jazz and folk, presenting a great opportunity to drive footfall and enhance the pub’s atmosphere.
A fully equipped trade kitchen supports a substantial food-led offer, while the basement cellar with ample space for cask ale has historically been popular, with strong links to CAMRA.
To the rear, the pub benefits from a patio and enclosed yard with seating, ideal for outdoor drinking and dining in warmer months.