Major Oak Arnold
Rolleston Dr, Arnold, Nottingham, NG5 7JA
Major Oak Arnold
Extensive Refurbishment Planned - A major refurbishment will transform the Major Oak into a bright and welcoming pub for the whole community to enjoy. The pub will maintain it's two-room offer, with a lively bar for live sports and casual drinking, as well as a family-friendly dining area that will give the pub a year-round appeal. An exciting new food menu supported by an expanded kitchen and a premium drinks offer will also create a quality offering in a welcoming local pub setting.
Great Location - The Major Oak is in a residential area, located in the bustling suburb of Arnold, Nottingham. Surrounded by a mix of housing, shops and local businesses, there are over 1500 adults per pub in the area looking for a quality venue to drink and dine in. Additionally, the proposed plans will bolster the Major Oak's reputation as the go-to pub in the area, providing the incoming lessee with a large and lucrative customer base.
Competitive Set- A wide variety of premium drinks including beer, cider, coffee and soft drinks will establish the Major Oak as the premium pub in the local area. Custom will be enticed at lunchtime with great food and drink offers, and after work drinkers for Sky Sports and catching up with friends. Meanwhile, the refurbishment works, including a children's play area, attractive dining area and busy locals sports bar, will see the pub become a welcoming and versatile venue for the entire community.
Target customers
The newly refurbished Major Oak will appeal to a broad range of customers in the local area, establishing itself as a community hub. Potential customers include:
- Local residents and office workers.
- Older friends and couples looking for a quality lunchtime meal.
- Groups of friends looking for local entertainment such as quiz nights or live sports.
- Local couples and friends wanting to enjoy a casual drink or a relaxed bite to eat.
- Families with children looking for a mid-week or weekend treat.
Post-refurbishment, the Major Oak will be transformed into a modern, vibrant and welcoming pub, offering:
- An attractive, versatile venue in the local residential area.
- A fully renovated beer garden and outdoor area to be enjoyed by the whole community in the warmer months.
- A premium coffee offer throughout the day.
- A great drinks selection including quality ales, beers, ciders, wines and spirits.
- Live sports, pool and darts.
Pub Features
Trading Area & Facilities
The beer garden will be refreshed to create welcoming space for the whole community to enjoy. Fixed picnic benches, festoon lighting and tasteful decoration will increase covers during the warmer months, whilst the new children's play area will add massive kerb appeal. Works will include:
- Constructing a new smoking area, with planters to the front to distinguish and soften the structure.
- Decorating the area with festoon lighting to create a warm, welcoming space for customers to socialise.
- Adding new fixed picnic benches, increasing covers in the warmer months.
- Adding new trough planting to break-up and soften the space.
- Constructing a brand-new children's play area, with wooden climbing frames and a wet pour surface.
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 10:00 - 00:30 | 10:00 - 00:30 | 10:00 - 00:30 | 10:00 - 00:30 | 10:00 - 00:30 | 10:00 - 00:30 | 12:30 - 00:00 |
Financials
| Annual Rent | £ TBC |
| Estimated Annual FMOP (Licensee Profit) | £ TBC |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ TBC |
| Estimated Annual Turnover | £ TBC |
| Estimated Annual Barrelage | TBC |
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“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details). ** All figures quoted are exclusive of VAT *** FMOP = Fair Maintainable Operating Profit |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ TBC |
| Estimated Fixtures & Fittings Valuation Fee | £ TBC |
| Estimated Stock Valuation | £ TBC |
| Deposit Amount | £ TBC |
| Rent In Advance | £ TBC |
| Training Fee | £ TBC |
| Estimated Designated Premises Supervisor / Manager Fee | £ TBC |
| Premises Licence Fee | £ TBC |
| Rates Assessment Fee | £ TBC |
| Estimated Legal Fees | £ |
| Estimated Total Ingoing Costs | £ TBC |
| Estimated Minimum Ingoing Costs | £ TBC |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ TBC |
| Estimated Annual Maintenance Compliance Charge | £ TBC |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ |
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The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details) * All figures quoted are exclusive of VAT ** Deposit build up will be payable over a maximum of 24 months *** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry **** Maintenance Compliance Charge relates to the fees for various statutory inspections ***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate ****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased |
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