Newly Refurbished Public House In Nottinghamshire For Sale | | Nuthall Nottinghamshire | | FANTASTIC OPPORTUNITY TO ACQUIRE A NEWLY REFURBISHED PUBLIC HOUSE AND EATERIE WITH A GOOD LOCAL BASE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 38744
ADVERT IMPRESSIONS : 12,078 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | LEASEHOLD: | £100000 | ANNUAL RENT: | £59000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | This superbly positioned Pub and restaurant is situated on one of Nottingham’s busiest thoroughfares with a huge amount of
passing traffic as well as being surrounded by a huge density of residential dwellings and office/industrial units. It could not
be better placed to ensure an all day trade and is able to offer a variety of wet and dry trade to suit all types of custom.
The business has been trading for a number of years, however since being purchased by the current owner over 3 years ago,
it has undergone a hugely extensive refurbishment, believed to be in the region of £200,000. Having had this done just a
couple of years ago, the décor and fixtures and fittings are still to the highest of standards.
Since the refurbishment, it is fair to say that the business now trades from a modern, bright and welcoming premise, with
an imposing frontage as well as pleasantly toned décor.
The business has been well designed with an open plan floor layout, including a 76 cover dining area, spacious main bar and
lounge area, as well as a neatly proportioned function room or suite to the rear. There are a number of neatly finished
WC’s for customers as well as a fantastically spacious commercial galley kitchen.
The business is currently ran under management, and the structure is perfect for either an owner operator or to purchase
as an investment. As well as a management couple, there is one full time chef, 1 full time assistant manager, and 16 part
time staff who work on a shift basis.
The business comes fully fitted which includes the extensive commercial kitchen. The food currently trades as a food led
pub, where the margins can be greater, and there is certainly potential to expand on this side of the business, as well as
increasing the opening times.
The lease is ran and owned by Punch Taverns Plc, and the pub is tied solely on draught beer and cider. With free of tie for
spirits, wines and bottled drinks.
The premises are fully secure and have a fully renewable lease available to any new purchasers.
The current opening times are from 12pm – 11pm with food being served usually from 12-8pm and a Sunday Carvery each
weekend 12-5.30pm.
The business runs as a family friendly pub, and therefore attracts a huge variety of types of customers. This includes
regular drinkers from the local residences, families and couples, as well as a regular stream of office and workers from
nearby businesses.
Since the refurbishment in 2006, the pub has gathered a fantastic reputation for quality and service in terrific and friendly
surroundings. This is testified by the amount of regular custom who use the pub on an almost daily basis.
The current owners run a variety of themed nights such as quizzes, as well as having a number of local sports teams who
use the pub on a regular basis.
There is the added incentive of spacious owner’s accommodation above the business. This has previously been sub let as
office space and could well be again to increase revenue.
The business would be best suited to an experienced owner operator, partnership or couple who can fully utilize the
potential and opportunity on offer in order to grow the business and continue the success.
Website – www.nuthallarms.co.uk
HUGELY SUCCESSFUL BUSINESS CONCERN WITH GREAT POTENTIAL FOR FUTURE GROWTH | | | | | | FOR SALE | | | | | REFERENCE: | 0327 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
