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Accommodation & Food services

Bars & Taverns

THE BUSINESS 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. To further complement the business, the pub also has a private function room with a pool table and a separate bar, which can be accessed independently, this is located on the first floor but the real focal point to the pub is the vast area to the rear which boasts a fantastic children s play area with a bouncy castle, with seating for over 100 people. There is a popular barbeque area. In addition, a skittle alley room is also situated to the rear of the pub, as well as a gymnasium which can be accessed from the rear beer garden. The pub attracts regular media and television coverage through its growing reputation and its association with St. George s Society. In addition, the pub has been awarded by being recognised as a friendly pub on a national level. The business is staffed by the vendor on a full time basis, there are also 6 part time employees who work a variation of shifts. The vendor is willing to assist in a short hand over period to ensure continuity. TRADING HOURS Mon Thurs: 12noon 12midnight Fri Sat: 12noon 1.00am Sun: 12noon 10.30pm EXPANSION POTENTIAL 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 utilise the new kitchen. The function room/skittle alley and gym areas offer further scope in increasing turnover with advertising. . FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 178,000 Gross Profit: 41% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business BUSINESS PREMISES This exceptionally spacious pub close to Nottingham city centre 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 TENURE: 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

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