Lambley Lambley
Main St, Lambley, Nottingham, NG4 4PNAgreement Type: Foundation Tenancy
View for Lambley Lambley detailsMain Rd, Radcliffe On Trent, NG12 2AA
Pub Code: 0091529101
Ingoing Costs: £4,000
Estimated On Target Earnings: £45,389
Available on our management agreement, Just Add Talent
An exciting refurbishment will transform the Manvers Arms into a premium local pub, maintaining its charming period features. Inside, the retainment of the grand bay entrance and bar area, complete with darts and a pool table, will ensure the pub remains a firm local favourite. Updating the dining and snug area will broaden its appeal.
In addition, the upgraded beer garden and general garden/car park repairs will reposition The Manvers Arms to be an exceptional community pub with year-round appeal.
Great Location
The Manvers Arms occupies an enviable position on the main road in Radcliffe on Trent. The refurbishment will allow the lessee to capitalise on the 6,100 affluent professionals living within one mile, looking for a great local bar with a strong food and drink offer. On top of this, local attractions including the National Water Sports Centre, Trent Bridge Cricket Ground and nearby golf courses will attract significant visiting custom.
Multiple Income Streams
Post-refurbishment, The Manvers Arms has the potential to become a booming community pub with something for everyone. The lively bar, updated lounge and upgraded beer garden, will provide a space for locals to unwind and drink with friends. An improved coffee and lunch offer, live sports and a great range of food & drinks give the locals of Radcliffe-on-Trent a pub to visit time and time again.
When refurbished the Manvers will appeal to:
A broad range of locals from the village given its premium offer, look and feel.
Families looking to enjoy a meal in a friendly welcoming pub with a great atmosphere.
Live sports fans looking to watch all the top matches & enjoy a game of pool or darts.
Friends or loved ones looking to catch up over a quality drink or bite to eat.
When refurbished the Manvers will offer:
The Manvers will benefit from a full refurbishment with works being done both internally and externally. For a full summary of planned works, please review the 'Refurbishment Details' in the downloads section.
Please be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process. Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. This means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site. This applies to all pubs in England & Wales as per The Pub Code (2016).
Ingoing Costs | £ 4,000 |
Estimated Annual Turnover | £ 491,072 |
Estimated On Target Earnings | £ 45,389 |
Main Rd, Radcliffe On Trent, NG12 2AA
Agreement Type: Foundation Tenancy
View for Lambley Lambley detailsAgreement Type: Investment Tenancy
View for Royal Children Nottingham detailsAgreement Type: Foundation Tenancy
View for Crafty Teller Nottingham details
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
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