Longbow Arnold
Calverton Rd, Arnold, Nottingham, NG5 8FQAgreement Type: Foundation Tenancy
View details for Longbow Arnold
Waggon & Horses Nottingham
260, Mansfield Road, Redhill, Nottingham, NG5 8JY
Pub Code: 0020340101
Key Features
- Established Community Pub
- Excellent Cask Ales
- Fantastic Food Opportunity
- Entertainment
- Function Room
- Private Accommodation
Est Min Ingoing Costs: £15,241
Annual Rent: £20,902
More Information
Demographics
The pub benefits from being one of 2 pubs found in an area of around 2,467 adults. The diverse customer base is made up of young couples, families, and older couples.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in providing a good quality food & drinks offer, utilising the function room for live music and private events, and creating a great customer experience. What would you look to implement in the pub?
The site currently has the ability to drive trade via its excellent range of cask ales, food & drinks offer, entertainment, functions, and outdoor trade.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food & drinks offer, entertainment package, and marketing strategy.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
Trading areas and facilities:
- Main trading area with bar
- Separate dining room
- 40+ internal covers
- Catering kitchen
- Function room
- SmartDispense
- Astroturf outdoor patio with fixed seating
- Large car park
Private Accommodation
The private accommodation consists of 3 bedrooms, lounge, kitchen, bathroom and a small outside seating area.
| Annual Rent | £ 20,902 |
| Estimated Annual Turnover | £ 343,380 |
| Deposit | £ 5,225 |
| Estimated Fixtures & Fittings Value | £ 13,900 |
| Estimated Stock Valuation | £ 10,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 32,625 |
| Estimated Minimum Ingoing Costs | £ 15,241 |
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
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 should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
260, Mansfield Road, Redhill, Nottingham, NG5 8JY
More properties in this region
Crafty Teller Nottingham
532/534 Mansfield Road, Nottingham, NG5 2FRAgreement Type: Foundation Tenancy
View details for Crafty Teller Nottingham
Park Tavern Basford
98 Arnold Rd, Basford, Nottingham, NG6 0DZAgreement Type: Foundation Tenancy
View details for Park Tavern BasfordTo 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
Pub Vacancy Alerts
Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.
Register
Want to know more?
To download our no nonsense guide to running your own pub click below.
Download