New Trent Radcliffe on Trent

64 Shelford Rd, NG12 1AW

Under Offer
  • 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

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 a huge opportunity to extend the number of covers and make this a great local but also a destination out. The garden is currently under utilised and it's size and opportunity is something that all the other pubs lack. This will be the stand out garden in the area which will be able to be used for more than the traditional summer months and will include fire pit, sheds for drinking and dining and a bar.

Experienced Destination Food Outlet Operator Wanted

Star Pubs & Bars are looking for someone that will have experience with developing and providing a fantastic food offer as well as premium drinks. Integrating with the locals will also play a large part in the success of the New Trent, so having the ability to embrace the community will also be vital.

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 pub will be revamped with new decorations and furniture that will be in a kitchen and garden theme. There will be new timber flooring, coir carpet, fireplace enhancements and new light installations that will create a homely kitchen vibe. An opening into the catering kitchen visible to guests will create a sense of theatre to the dining area. In addition to these changes we will introduce new fixed booth seating, new double doors to the front and rear entrance, all new toilets and an extension to the existing kitchen with new equipment and ventilation.

The exterior of the pub will undergo an equally eye-catching revamp. The patio and garden will have improved furniture to match the interiors. One of the main features of the outdoor area will be the new garden kitchen planting with allotment style herbs and vegetable displays for both decorative and practical purposes. There will also be a new corner bench seating area with integral fire pit.

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 £
59,250
Estimated Annual FMOP (Licensee Profit) £
60,860
Representative HEINEKEN UK Brand Discount Per Barrel £
130
Estimated Annual Turnover £
721,537
Estimated Annual Barrelage
260

“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

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
53,903
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
8,000
Deposit Amount £
14,813
Rent In Advance £
1,139
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
295
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
80,165
Estimated Minimum Ingoing Costs £
80,165

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 £
Estimated Annual Maintenance Compliance Charge £
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

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