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“The New Inn and Old House is a wonderful traditional pub which has been run with high standards of food and drink quality.

The area is competitive, so increasing awareness is key to attracting guests and then delivering great hospitality to ensure repeat visits. Making the most of the garden will create a major advantage, as will the vision to exploit the the potential for letting rooms and underused areas of the pub.”

Ian Pearson

Business Development Partner, South West Region

The current layout of the domestic accommodation offers huge potential for Business Partner accommodation, staff rooms, and guest letting rooms.

Main Living Space:

  • 2x Double Bedrooms
  • Large Living Suite
  • Bathroom/wc

Team Accommodation:

  • 3x Bedrooms
  • Private Kitchen
  • Shower room/wc

Guest Accommodation:

  • 3x Bedrooms
  • Bathroom facilities (not en-suite)

Please note that we have not included letting room income in the financial calculations.

  • Long established and busy trade
  • Fair Maintainable Trade* (FMT) Net Turnover: £795k per annum
  • Charming traditional pub situated in the heart of Salisbury
  • Eclectic mix of trading spaces and stunning garden with views of the Cathedral spire
  • Development opportunities to extend trading space and add letting rooms
  • Great facilities to increase food and drink volumes

Top Line Figures

  • Rent: Turnover rent 8% with a base rent of £55,000
  • Initial Investment: minimum £40,000
  • Fair Maintainable Trade* (FMT) Turnover: £795,000 per annum

Full Investment Breakdown †

  • Deposit: £7,500
  • Training Fee: £1,200 incl. VAT
  • Change of DPS Fee: £200 incl. VAT
  • Digital Assets Fee: £200 incl. VAT
  • Working Capital: £10,000
  • Fixtures & Fittings: £20,300 (Inventory is an estimate net of VAT. Loan facilities are available for the purchase of fixtures and fittings).

Additional Information

  • Estimated Wet/Dry Split: 30%/70%
  • Business Rates: RV £74,000
  • Available From: Immediately
  • Last 3 year Volume
  • Beer & Cider - Barrels
  • Wines - Litres
  • Spirits - Litres
  • Soft Drinks - Litres
  • Current Year 2022-23
  • 251
  • 2560
  • 170
  • 1740
  • Last Year 2021-22
  • 272
  • 2690
  • 360
  • 2560
  • 2 Years Previous 2020-21*
  • 233
  • 2640
  • 390
  • 2650

Asset 2

As with so many city centre pubs, the New Inn should trade well throughout the day, week and year as it can pull from several sources of trade.

Daytime should allow for a strong morning coffee trade, a relaxed lunchtime dining offer for shoppers and office workers, and a traditional evening pub offer, with higher energy weekends.

During the summer, the garden draws guests into the pub with its beautiful views, and during the winter, the pub benefits from cosy fires and log burners.

*Trade volumes affected by Covid closures

British Institute of Innkeeping:

British Beer and Pub Association:

Pre-Entry Awareness Training (PEAT):

Personal Licence:–2


* Fair Maintainable Trade (FMT):

FMT is the level of turnover and profit that we believe that the business is capable of delivering if being operated competently. The FMT is usually calculated by the Business Development Partner for the pub to rent, who will produce a shadow profit and loss account for the business which supports the rent. A copy of the shadow profit and loss account will be provided during the recruitment process.

Code of Practice:

Please see our Code of Practice for more information on FMT and rent. The Fair Maintainable Trade is not a guarantee of levels of trade or profit that will be made from the business – we strongly recommend you seek appropriate independent legal and business advice as part of your Business Plan.

† The Full Investment Breakdown:

The Full Investment Breakdown for each public house is higher than the minimum investment we will accept. This is because potential Business Partners with the minimum investment available can still be accepted as we are able to offer them financial support for the rest of the monies.

Working Capital:

The working capital incorporates the purchase of stock, glassware, loose catering effects and valuer fees – please note the number quoted on this website are based on estimates. The exact costs will be determined on the day you take on the public house by independent valuers and stock takers. Please see our Code of Practice for more information about investment.

Asset 2

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