Lord Nelson
Thurgarton Street, Sneinton, Nottingham, Nottinghamshire, NG2 4FA
A POPULAR WET LED PUB - FREE OF TIE ON CASK ALE
The Lord Nelson is a popular 100% wet led pub, in the Nottingham suburb of Sneinton. This local’s pub operates at the heart of the local community and hosts local Darts and Pool teams as well as offering regular entertainment such as quiz nights. A new, enthusiastic operator with local knowledge and a passion for quality Ale and great service will be key to unlocking the future potential of the pub. There is a commercial kitchen onsite, however it has not been used for many years, so to re introduce the food offer would mean any new tenant would need to consider investing in this facility. Internally, the pub is quirky with various snugs and the man bar offering a traditional feeling, with the walls covered in brasses and pub games on offer. Externally there is a lovely beer garden, waiting for its potential to be unlocked.
Bar
Kitchen
Location
Sneinton is a village and suburb of Nottingham. The area is bounded by Nottingham city centre to the west, Bakersfield to the north, Colwick to the east, and the River Trent to the south. Sneinton now lies within the unitary authority of Nottingham, having been part of Nottinghamshire until 1877 The Lord Nelson is located in a heavily populated residential area.
Business Information
Annual rent
£8,800
Weekly rent
£169
Entry costs
£9,400
Turnover royalty
n/a
Forecasted Operator Turnover
£190,397
Forecasted Operator Profit (inc machine profit)
£24,956
Forecasted Operator Machine Profit
£13,006
Average Beer & Cider Discount*
Preferred
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
1 Year foundation agreement. Machine income retained by operator.
Entry costs approximately £9,400, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is £2,000. Fixtures and Fitting will be rented with weekly payments made.
Deposit
£2,000
Fixtures & Fittings
£0
Legal Admin Fee
£350
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£1,150
Total Entry Costs
£9,400
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 135 | 0 | 1,296 |
| 2022 | 119 | 186 | 2,653 |
| 2021 | 121 | 328 | 3,267 |
The trade area is small but tidy, with various snugs and one main bar, which houses the pool table. Externally, there is a pleasant beer garden which is mostly laid to lawn.
Trade Bars
1
Trade Dining Areas
0
Trade Kitchens
1
Trade Food Covers
0
Trade Gardens
0
Trade Patio Areas
0
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
0
Current Premises Licence Opening Hours
Sun-Thu: 05:00-00:30
Fri-Sat: 05:00-01:30
The accommodation is in good condition and comprises two bedrooms, kitchen, lounge, bathroom and office
Private Rooms
7
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
I am seeking an enthusiastic couple or individual, looking for either their first or next pub business. The new operator will be able to engage and operate within the local community and drive the established wet led offer and potentially re introduce the food offer, as the pub has not offered food for the last ten years! If you have the enthusiasm and desire to grow this business, then please contact the recruitment team for further information.
Sarah Adams, Business Development Manager
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