Business for Sale Overview:
Advent Business Sales are delighted to offer
to the open market this superb busy public
house, which is extremely popular and has
been trading successfully as a community
pub for over 80 years.
In the hands of the current owners since
2005, it is now reluctantly offered for sale
due to the vendor’s personal and family
commitments.
The business prides itself as being part of the
local community as it hosts 2 pool teams,
mens and womens darts teams, a football
team and is a regular meeting point each
week for a divers club. The pub is also the
designated headquarters for the St. George
Society, to which many people travel from
afar to view this spectacular event.
The business is themed as a traditional pub
with a good 80% wet to 20% dry sales split
and is tied to keg and cask beer and real ale
only.
The pub is open 7 days a week, enjoying a
healthy trade both at lunchtime and evening.
There are several offices and financial
institutes nearby who frequent regularly for
afternoon bonding with colleagues.
The main bar capacity is 120 seating with a
further snug area.
Our client has successfully introduced a new
fully equipped commercial kitchen within the
past few months which is now starting to
reap benefits.
A good quality Sunday lunch is offered
which has proved to be very popular.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Leasehold
Original lease: 30 years - rolling
Remaining lease: 30 years
Review every: 3 years
Rent: £46,440 per
annum
We are advised that the annual business
rates are currently: £5000
This exceptionally spacious pub close to
Nottingham city center which boasts a
community spirits and consisting of:
Ground Floor
2 entrances leading into main lounge
Fully stocked bar
Seating with capacity for 120
Fruit machine, quiz machine and dart
board
Projector and pull down screen, 1 flat
screen TV, 2 televisions
Ladies and gents w/c
Snug room with 25 capacity
Fully fitted commercial kitchen
Stairs to basement cellar
Stairs to first floor living
accommodation
Rear exit leading to beer garden and
play area
First Floor
2 x double en-suite bedrooms
Living room
Dining/kitchen
Office
Living accommodation can be accessed
independently.
Private function room with separate
access
Stairs to first floor
60 cover capacity equipped with tables
and chairs
Private bar
Pool table
dance floor – entertainment system
Gymnasium with own access to the rear
of the pub. Large area can be converted
into alternative area
Children’s play area
External
Large walled beer garden to the rear
with an additional side entrance
12 tables and chairs
BBQ area
Children’s play and activity area
Skittle alley
Paved to front
Street parking to front
Market Competition and Expansion:
The business offers excellent potential for
further growth by offering a good selection
of bar food and pub menu’s on a daily basis
to further utilize the new kitchen.
The function room/skittle alley and gym
areas offer further scope in increasing
turnover with advertising.
Reason for Selling:
family commitments.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: