Admiral Taverns sells Newport's Old Rising Sun

02 February 2006
Admiral Taverns sells Newport's Old Rising Sun

Admiral Taverns has sold the Old Rising Sun near Newport town centre in Gwent to Parvin Ali and her father.

The detached, three-storey stone property is one of 57 public houses that Christie + Co is marketing on behalf of Admiral Taverns.

It sits on the town's main road, Shaftesbury Street, and has recently been renovated.

The Old Rising Sun has an open-plan bar for up to 80 people, a 30-seat café and a three-bedroom owners' accommodation, with more space available across two upper floors.

Ali, who has gained restaurant experience in the South Wales area, plans to develop the pub into a food-led operation.

The Bristol office of Christie + Co sold the pub's 999-year lease for close to the asking price of £300,000 plus VAT.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking