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Shepherds Rest Nottingham
Lower Bagthorpe, Nottingham, NG16 5HF
Pub Code: 0050374101
Key Features
- 17th Century Coaching Inn
- Large Beer Garden
- Beautiful Countryside Setting
- Quality Pub Food
- Cask Ales
Est Min Ingoing Costs: £15,052
Annual Rent: £22,960
More Information
Charming 17th Century Inn
The Shepherds Rest sits within the idyllic village of Lower Bagthorpe near Nottingham. This country pub offers its guests a charming traditional setting. The pub has a reputation for quality, locally sourced food. Demographics of the area are good, with over 4,500 adults living within a mile radius of the pub.
Experienced Food Operator Wanted
You will have prior experience running a similar pub and know how to market your business online.
Trading Area & Facilities
The pub maintains has historic charm including beamed ceilings, fireplaces and tiled flooring. The Shepherd's Rest is a two-room operation. One is dedicated to locals stopping by for a casual drink while the other room is for dining.
There is a large beer garden to the front of the pub with space for a child's play area and seating.
Private Accommodation
Private accommodation consists of bedrooms, living room, bathroom and kitchen.
Premises Licence Details
See premises licence for full details.
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
|---|---|---|---|---|---|---|
|
11:00 - 00:00 |
11:00 - 00:00 |
11:00 - 00:00 |
11:00 - 00:00 |
11:00 - 00:00 |
11:00 - 00:00 |
12:00 - 22:30 |
| Annual Rent | £ 22,960 |
| Estimated Tenants Annual Operating Profit | £ 22,958 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 150 |
| Estimated Annual Turnover | £ 382,204 |
| Estimated Annual Barrelage | 138 |
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT
** All figures quoted are exclusive of VAT
| Ingoing Costs | |
|---|---|
| Estimated Licensee Fixtures and Fittings Value | £ 7,055 |
| Estimated Fixtures and Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 10,000 |
| Deposit Amount | £ 5,740 |
| Rent in Advance | £ 442 |
| 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 | £ 24,847 |
| Estimated Minimum Ingoing Costs | £ 15,052 |
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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.
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 | £ 775 |
| Estimated Annual Maintenance Compliance Charge | £ 1,862 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) |
£
6108
|
| Estimated Annual Repairs Fund | £ 1300 |
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* 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
* 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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