Pub Overview
Attractive New Deal - BDM support with 50% rent in year one. Along with the possibility of some free of tie on cask and craft lines, available via negotiation. Premium pub offer with a great reputation!
What would you do with this pub to make it even more of a success?
The area
The Crafty teller is located in the town of Sherwood, close to Nottingham. The pub is surrounded by shops, food and retail outlets and mixed housing.
The pub benefits from being one of 9 pubs found in an area of around 7,457 adults. The varied demographics are made up of professionals, families and students.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in maintaining a well thought through 70wet/30 dry, food & drink offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via the food offer and some live entertainment. It offers a pub classic menu with specials, changing with the seasons and is well known for its Sunday Roasts. It has a range of cask ales, and craft beers, good coffee & cakes.
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 high street hospitality business. They will have a clear vision for their food & drinks menu, and entertainment offer and can create a memorable experience for their customers.
Features
* New Deal
* Foundation Tenancy
* Cask Ale
* Private Accommodation
Trading Area & Facilities
* Main trading area with bar
* 62 internal covers
* Medium-sized, well equipped kitchen with additional storage and prep area on the 1st floor
* Smart Dispense
* Booth seating for romantic, family celebrations or business meetings
Private Accommodation
Private accommodation consists of 2 bedrooms, a living room, kitchen and bathroom spread over two floors. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Pub Financials
Estimated Total Ingoing Costs: £39,195
Estimated Minimum Ingoing Costs: £12,065
Annual Rent: £18,780
Estimated Annual Turnover: £268,823
Deposit: £4,695
Estimated Fixtures & Fittings Value: £24,000
Estimated Stock Valuation: £7,000
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.
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.
Downloads
* Demographics Report
* Energy Performance Certificate
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