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New Clarence

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Ingoing Cost - £ 5000
Rent - £ 2600
Location - 77 Charles Street, Hull, HU2 8DE
Agreement Types - TAW
Private Rooms - 3
Facilities : Cask AleBeer GardenCatering KitchenFunction RoomLive Entertainment

Property Features

The New Clarence is an imposing, corner property with the look and feel of a “London Pub”.  The property boasts a great location on the corner of two busy streets in the heart of the city. The area is currently undergoing massive regeneration with trendy café and theatre both only a short walk away. The property itself is a traditional stone built rendered property with large windows looking out over the street. It does have three floors, but only the lower level is used as a trade area. The pub has a great open feel with a central bar and booth seating to the front and lose seating and tables in other areas. The pub is currently closed and as such will require a good clean and a tidy up but the general condition/décor internally is very good with a grand feel. Externally the pub is in equally good condition, but the externals could benefit from a revised paint job to make it feel even more like a “London Pub”. The pub company are keen to complete refurbishment with the right operator. All in all, this is a great pub in a great location which with a strong, unique selling point should easily be able to become a fantastic business. 

Trading Style

The site will always be something of a chameleon, it needs to operate in the daytime as something of a city local with good cask range, possibly live news channel etc. and a good lunch menu. In the evenings, a strong wine/cocktails and a pre-theatre menu will ensure steady trade on account of the nearby theatre. It’s size and shape also lend itself well to a busy and lively night time venue and live music could do well as a regular feature. Quality, as opposed to value, is critical here. This pub requires someone with a good knowledge of the local market in Hull. Food experience is a must as done well, this site could easily attract 50% of its income from food. The ideal applicant will have a passion for basics being done to an excellent standard and for marketing the site using all marketing media to ensure the offer/message reaches a large audience.

Key Financial Information

Please note that the energy performance certificate is available from the landlord. The rental figure is for TAW