Help entrepreneur wanted

billyfish

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Damn it. I moved to Shalfleet IOW just after the New Inn opened again. Now it's shut again. Any entrepreneurs out there it's ready to go again. I think the downfall was tooooo many staff, what happened to one in the kitchen and one or possibly two out front serving simple home cooked food. Help . I have to get the bus to the doom and gloom now. Sad news for visiting yatchsman which is something we first did 50 years ago.
 
Damn it. I moved to Shalfleet IOW just after the New Inn opened again. Now it's shut again. Any entrepreneurs out there it's ready to go again. I think the downfall was tooooo many staff, what happened to one in the kitchen and one or possibly two out front serving simple home cooked food. Help . I have to get the bus to the doom and gloom now. Sad news for visiting yatchsman which is something we first did 50 years ago.
Sad news indeed as we visited a number of times and enjoyed it. Maybe the offering was a little too upmarket (and expensive) for the area? Possibly a 'local' with good but basic pub grub would have better?
 
Damn it. I moved to Shalfleet IOW just after the New Inn opened again. Now it's shut again. Any entrepreneurs out there it's ready to go again. I think the downfall was tooooo many staff, what happened to one in the kitchen and one or possibly two out front serving simple home cooked food. Help . I have to get the bus to the doom and gloom now. Sad news for visiting yatchsman which is something we first did 50 years ago.

Can't help you, but I bloody love your profile picture. Absolutely says it all.
 
Looks like the owner (Stonegate Pub Partners) is trying to let it again. Their ad is online. To my mind the numbers won’t work. But what do I know.
 
Damn it. I moved to Shalfleet IOW just after the New Inn opened again. Now it's shut again. Any entrepreneurs out there it's ready to go again. I think the downfall was tooooo many staff, what happened to one in the kitchen and one or possibly two out front serving simple home cooked food. Help . I have to get the bus to the doom and gloom now. Sad news for visiting yatchsman which is something we first did 50 years ago.
You live there? I love the road sign, warning of ducks. Vicious things, Isle of Wight ducks. We barely go to the pub on the Island, but the last time we went, it was the New Inn. Is the Horse and Groom so terrible? I guess it’s a long way to any other pub from Shalfleet. The Sportsman’s rest? Rising Sun? All a drive away, not a walk. We find ourselves in Yarmouth socialising because that's where the boat is moored, so bed is a walk (and a boat ride) away. Mostly the club. I don’t know anyone brave enough to take on a pub in the current climate. I think many people are like us. We used to do pubs as young people, now it just seems like an easy way to dispose of £50.
 
I'm in catering and wouldn't take on a pub/restaurant right now - it's not impossible, but you need to have the right spot with something special to offer, and year-round daily footfall to thrive. Standard "pub with food" just isn't cutting the mustard for guests at the prices you have to charge now.
 
I'm in catering and wouldn't take on a pub/restaurant right now - it's not impossible, but you need to have the right spot with something special to offer, and year-round daily footfall to thrive. Standard "pub with food" just isn't cutting the mustard for guests at the prices you have to charge now.

It’s tough enough for people in free trade. The contracts of many pub tenancies make it impossible for a business to be viable.
 
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You live there? I love the road sign, warning of ducks. Vicious things, Isle of Wight ducks. We barely go to the pub on the Island, but the last time we went, it was the New Inn. Is the Horse and Groom so terrible? I guess it’s a long way to any other pub from Shalfleet. The Sportsman’s rest? Rising Sun? All a drive away, not a walk. We find ourselves in Yarmouth socialising because that's where the boat is moored, so bed is a walk (and a boat ride) away. Mostly the club. I don’t know anyone brave enough to take on a pub in the current climate. I think many people are like us. We used to do pubs as young people, now it just seems like an easy way to dispose of £50.
We frequent the Woodvale (300m away) and the newly refurbished after a fire last year Portland Inn at Gurnard (500M away).
Both have excellent food and not entirely unreasonable prices and they both seem regularly busy.
 
We frequent the Woodvale (300m away) and the newly refurbished after a fire last year Portland Inn at Gurnard (500M away).
Both have excellent food and not entirely unreasonable prices and they both seem regularly busy.
As we live in Freshwater Bay, those, and the New Inn, are a fair way for us. We have the newly refurbed Albion Hotel, and the Red Lion. The Red Lion is a walk, and sometimes a tender ride, from our mooring as well as just about walkable from home. We haven’t been to either in the last 6 months. And the Albion is 50m or less😂
 
Looks like the owner (Stonegate Pub Partners) is trying to let it again. Their ad is online. To my mind the numbers won’t work. But what do I know.
If it is owned by Stonegate, it is likely a managed house they’re not often tenanted. SG are struggling these days, their big high street names like Yates’s, Walkabout, Popworld aren’t doing the business. Their biggest earner at the moment is their Craft Union estate, selling cheap lager to customers with too few teeth and too many fingers
 
That is a shame, we visited last summer where we met the owner & crew of Awanui NZ. We had lunch there but the drinks were quite expensive and it had a strange vibe, no access to garden via the pub, staff not clearing tables nor offering us more drinks (they had a shorter walk through the kitchen door).

Had lunch in the Ship Inn in Lymington today. The four of us made up half of the total number in the dining room between 1pm and 3pm. Some drinkers in the bar but it must be so hard to make money year round in a British pub these days.
 
That is a shame, we visited last summer where we met the owner & crew of Awanui NZ. We had lunch there but the drinks were quite expensive and it had a strange vibe, no access to garden via the pub, staff not clearing tables nor offering us more drinks (they had a shorter walk through the kitchen door).

Had lunch in the Ship Inn in Lymington today. The four of us made up half of the total number in the dining room between 1pm and 3pm. Some drinkers in the bar but it must be so hard to make money year round in a British pub these days.
The Kings head just around the corner seems pretty busy most of the time. I think the Six Bells, a Wetherspoons, is taking a lot of the locals from other places. Unfortunately, people of all ages are, apparently, drinking less and more are drinking at home.
Allan
 
The Kings head just around the corner seems pretty busy most of the time. I think the Six Bells, a Wetherspoons, is taking a lot of the locals from other places. Unfortunately, people of all ages are, apparently, drinking less and more are drinking at home.
Allan
These pubs are in Lymington, although I mentioned lunch there yesterday, this thread more about the New Inn in Shalfleet which was accesible (at high tide) from Newtown Creek.
 
A large pub not far from where I live failed a few years ago. It was an uninviting place and, not profitable.

The owners sold it and, it was partly demolished to make way for a couple of houses.

What remains is a small pub with two rooms.

For medical reasons I won't bore you with I shouldn't drink alcohol, so I haven't been in there for a while but it was a lot more welcoming than its predecessor. If it fails, then there's obviously no need of a pub in that location.
 
A large pub not far from where I live failed a few years ago. It was an uninviting place and, not profitable.

The owners sold it and, it was partly demolished to make way for a couple of houses.

What remains is a small pub with two rooms.

For medical reasons I won't bore you with I shouldn't drink alcohol, so I haven't been in there for a while but it was a lot more welcoming than its predecessor. If it fails, then there's obviously no need of a pub in that location.
If only it were that simple…
 
Frogmogman/KevinV - would be good to have an insiders view. The blurb shows a nice looking pub (dont know it) rent of £423 pw with "snug" one bed accommodation and possible turnover of £300k+ Seems suspiciously cheap to get so there must be a catch or 3?
 
The trouble is that half a dozen sailors a week walking from their dinghies to the pub in the summer months isn’t going to make much impact on the running costs.

New Inn Shalfleet, - Stonegate Pub Partners - Find a Pub
The reviews of Stonegate don't look good .. "I never thought there could be a worse company than Wetherspoons for being scum but Stonegate has won the award because at least in a Wetherspoons, drinks are priced well."

My bet is the outgoing tenants had issues with the corporate terms applied by Stonegate which annoyed local residents. Shame it's not a freehold.

Pubs in Hamble are similar, throttled by their management companies.
 
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