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Pear Tree Keyworth
Nottingham Road, Keyworth, Nottingham, NG12 5GW
Pub Code: 0050042101
Key Features
- Great Demographics
- Food Opportunity
- Extensive Outdoor Trade Area
- Private Accommodation
Est Min Ingoing Costs: £10,992
Annual Rent: £19,888
More Information
The Pear Tree is located in the residential suburb of Keyworth, South East of Nottingham.
The pub is a one-room, one bar operation benefiting from a mix of informal and formal dining areas. It has a great patio area which can seat around thirty people which is accessed from bifold doors within the pub.
Currently, the pub is predominantly wet-led but there is an opportunity to introduce a food offering into the pub.
The Pear Tree would suit an operator who has a proven track record in operating successful premium locals and introducing and delivering a food offer.
Trading Area & Facilities
Internally the pub is a one room, one bar operation benefiting from a mix of informal and formal dining areas.
Externally the pub has a great beer garden that helps drive trade in the summer months. The Pear Tree has a substantial car park with room for around 30 cars allowing for families or those coming from further afield.
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
Mon | Tue | Wed | Thu | Fri | Sat | Sun |
---|---|---|---|---|---|---|
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
10:00 - 00:00 |
Annual Rent | £ 19,888 |
Estimated Tenants Annual Operating Profit | £ 22,388 |
Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
Estimated Annual Turnover | £ 330,240 |
Estimated Annual Barrelage | 185 |
** All figures quoted are exclusive of VAT
Ingoing Costs | |
---|---|
Estimated Licensee Fixtures and Fittings Value | £ 12,000 |
Estimated Fixtures and Fittings Valuation Fee | £ 250 |
Estimated Stock Valuation | £ 6,000 |
Deposit Amount | £ 4,972 |
Rent in Advance | £ 382 |
Training Fee | £ 425 |
Estimated Designated Premises Supervisor / Manager Fee | £ 50 |
Premises Licence Fee | £ 180 |
Rates Assessment Fee | £ 55 |
Estimated Legal Fees | £ 650 |
Estimated Total Ingoing Costs | £ 24,964 |
Estimated Minimum Ingoing Costs | £ 10,992 |
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges | |
---|---|
Estimated Annual Building Insurance | £ 1,159 |
Estimated Annual Maintenance Compliance Charge | £ 1,565 |
Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
Estimated Annual Repairs Fund | £ 1300 |
* 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
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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