Longbow Arnold
Longbow Arnold
Calverton Rd, Arnold, Nottingham, NG5 8FQ Pub Code: 0050081101
Pub Code: 0050081101
Foundation TenancyEst. Annual Turnover: £247,657
Annual Rent: £17,844
1st Year Rent Offer: £13,383
Available now with 25% off year 1 rent!
The Longbow is a large pub with fantastic potential to adapt multiple income opportunities. Situated just outside the busy town of Arnold, it has a great community feel. Its offer of live entertainment and sports coverage appeals to many and having two function rooms means it can cater for all kinds of events.
The pub has two large function rooms with an outdoor children’s play area. This is complemented with additional patio seating areas and large car park.
The Location:
The Longbow is located just outside the busy and popular town of Arnold. The pub is surrounded by mixed housing. The pub benefits from being one of 2 pubs found in an area of around 3,600 adults. The diverse customer base is made up of families, retirees and younger couples and singles.
The Offer:
Available on our foundation tenancy agreement, the potential of this pub lies in developing a strong 20/80% food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently can drive trade via live entertainment, live sports and selection of pub games, such as pool, and darts. It offers a selection of popular beers, ciders, wines and spirits, cask ales, and coffees. We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- Understanding of how to build a successful business
- Ability to engage with customers from behind the bar
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pubs next chapter…
* 25% rent reduction will be applied to first 12 months following completion of a fully signed lease agreement (5 years England & Wales, 3 years Scotland) on selected properties only. No cash alternative is payable.
Trading Area & Facilities
- Main trading area with bar
- 2 separate large function rooms with their own facilities.
- 120 internal covers
- 70 external covers
- Medium sized catering kitchen
- Function room
- large patioed area with children’s play area
- Car park with 60 spaces.
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs range from**:
£12,987 - £25,066
**Deposit build up from 1 month rent
**Rented fixtures & fittings deal available
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
Calverton Rd, Arnold, Nottingham, NG5 8FQ
Selected pub
Other pubs
Nearby events
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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