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Nelson Norwich

Pubs & Bars • 122 Nelson Street, Norwich, Norfolk NR2 4DR Management opportunity
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Summary

The Nelson is situated in a residential suburb to the Northwest of the city just outside the inner ring road and is considered a very traditional wet-led venue.

Description

The Nelson is situated in a residential suburb to the Northwest of the city just outside the inner ring road and is considered a very traditional wet-led venue. The décor is traditional, with a modern touch which creates a warm and relaxed atmosphere and welcomes the surrounding local community with traditional pub games and live sports. The pub has two distinct trading areas, which are divided by a double-sided central bar servery. The bars have a traditional style, fitting with the theme of the pub; one area has a pool table with space for up to 30 covers and the other approximately 50 covers. The Nelson also boasts an outdoor covered beer garden with a patio and spacious lawn, a great selling point during the summer season which has the potential to be very popular. Another great facility of this pub is its outbuildings which may be very useful for storage for the future publican.  Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Community pub with cosy and traditional décorBeer garden with patio and spacious lawnSports and games, popular with the local communityThree-bedroom private accommodation ideal for a familyGreat location in busy Norwich Business & Financial Information • Estimated ingoings (upfront): £6,545 • Full deposit: £5,750 • Agreement fee: £795 • Guide rent (weekly): £442 • Guide rent (annual): £23,000 • Forecast turnover (weekly): £384,101 • Forecast turnover (annual): £384,100 Ideal Operator Stonegate Pub Partners are seeking an experienced publican who is willing to immerse themselves within the local community and maximise revenue. Private Accommodation The private accommodation is light and spacious with a good sized lounge, kitchen and three bedrooms. Regional Manager's Thoughts The Nelson is a great community pub that has a loyal customer base from locals and regulars. The pub is also very popular with pub teams who visit the pub for the entertainment and a refreshing drink. I am looking for an experienced publican who will be able to integrate with the local community to understand the key elements to successfully develop the pub to maximise revenue and drive footfall after its recent renovation. Surrounding Area The pub is located on a prominent spot just outside the inner ring road of Norwich and is surrounded by a mix of local businesses, schools, and residential housing, all within walking distance. The pub is just a seven-minute drive from Norwich city centre, which offers high street retailers and restaurants and just a 10-minute drive from Carrow Road the stadium of Norwich City Football Club.

Upfront cost

£6,545
Cost type: Upfront

Key facts

Upfront cost
£6,545
Turnover (annual)
£384,100
Rent
£23,000 (annual)

Location

122 Nelson Street, Norwich, Norfolk NR2 4DR
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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