Pub Overview
What would you do with this pub to make it even more of a success?
The area
The pub benefits from being one of 4 pubs found in an area of around 2,856 adults. The Lord Nelson customer base is made up of young and midlife adults. Located in a busy residential area of Hull near the university, the pub benefits from a strong local community and student presence.
The offer
Drinks:
• The Lord Nelson will offer a wide range of drinks, including premium lagers, ciders, spirits, wines, some cocktails along with a great range of soft drinks and low & no options. This variety caters to everyone, from regulars enjoying beers to visitors seeking a more premium experience, ensuring the pub appeals to a broad audience.
Events:
• The pub will offer live sports, music, events, pub games teams, and quiz nights. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
* Understanding of the local community
* You know what it takes to build a successful business
* You love hospitality and are great with customers
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...
Features
* Investment Tenancy
* Refurbishment Planned
* Pub Games
* Live Sports
* Music Venue
* Private Accommodation
Trading Area & Facilities
The Lord Nelson will be undergoing a refurbishment which will cover the interior and exterior of the pub.
The pubs trading area and facilities post refurbishment will be:
* Main trading area with bar
* 86 internal covers
* 56 external covers
* Smart Dispense
* Beer garden
* Car park with 18 spaces
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom.
Pub Financials
Estimated Total Ingoing Costs: £31,065
Estimated Minimum Ingoing Costs: £31,065
Annual Rent: £18,261
Estimated Annual Turnover: £296,930
Deposit: £4,565
Estimated Fixtures & Fittings Value: £18,000
Estimated Stock Valuation: £5,000
Estimated Working Capital: £3,500
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.
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. 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. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Downloads
* Demographics Report Download
* Energy Performance Certificate Download
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