New Trent Radcliffe on Trent

64 Shelford Rd, Radcliffe-on-trent NG12 1AW

  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent
  • New Trent Radcliffe on Trent

New Trent Radcliffe on Trent

Popular Pub, Perfect Pint

Radcliffe-on-Trent is a large village in the Rushcliffe borough of Nottinghamshire. Supported by a great catchment area which is made up of a mixture of demographics in private and social housing, the New Trent has the opportunity to create a loyal customer base. There are plans for a further 400 new houses to be built in the next 18 months.

There is huge potential to build trade at the New Trent, with the support of a good size catering kitchen accommodating 40 covers. The introduction of traditional pub teams will also enhance the trade.

Community Champion Wanted

Ideally someone local to this community would be desirable. We need you to engage with your customers, immerse yourself in the local village life and host events. If this sounds like you, please come and talk to us.

Pub Features

  • Rolling Tenancy
  • Car Parking
  • Catering Kitchen
  • Live Sports
  • Outdoor Trade
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

Internally the New Trent has a large open plan U-shaped room with a central bar and a clearly defined area that's used for pool and pub games. Flooring is a mix of polished timber and tiles with a bright décor and plenty of bright light from the number of windows.

Externally a beautifully decked garden area which has the additional potential to accommodate 20 covers. Great car parking facilities to the front entrance.

Private Accommodation


Private Accommodation -


Licensee accommodation at New Trent pub consists of four/five bedrooms split over 2 floors, a lounge, kitchen and bathroom. As part of our promise to you, we will ensure your private accommodation is in good order so that you can focus your energy on getting the business right.

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30 11:00 - 00:30

Financials

Annual Rent £
18,000
Estimated Annual FMOP (Licensee Profit) £
19,003
Representative HEINEKEN UK Brand Discount Per Barrel £
150
Estimated Annual Turnover £
274,624
Estimated Annual Barrelage
274

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).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
4,430
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
3,000
Deposit Amount £
4,500
Rent In Advance £
346
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
14,461
Estimated Minimum Ingoing Costs £
9,685

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

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