Lord Nelson Winthorpe
Summary
The Lord Nelson is situated in the affluent village of Winthorpe, approximately 2 miles from Newark. There is an attraction of walkers, cyclists and tourists to the pub, along with a great local trade of drinkers and diners that can be developed further.
Description
The Lord Nelson is situated in the affluent village of Winthorpe, approximately 2 miles from Newark. There is an attraction of walkers, cyclists and tourists to the pub, along with a great local trade of drinkers and diners that can be developed further. The pub is a successful pub offering great food, drinks and the opportunity for functions. The pub offers great facilities with a large external area with seating for around 150, along with a covered outside space and a mixture of lawn and patio areas. Inter, the trade areas are in good condition with a dining/function room area with around 50 covers, a bar area used for dining or drinking with around 30 covers, and a snug bar. The kitchen is well-equipped on the ground floor.
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Key Features
• Only pub in the village
• Well presented internal and external property with a fantastic opportunity to continue the current publican's great retail offer.
• Opportunities for functionsSeparatee dining area
• Well-equipped kitchen
Business & Financial Information
• Estimated ingoings (upfront): £9,795
• Full deposit: £9,000
• Agreement fee: £795
• Guide rent (weekly): £692
• Guide rent (annual): £36,000
• Forecast turnover (weekly): £460,446
• Forecast turnover (annual): £460,446
Ideal Operator
The ideal operator needs to have the vision to continue to build on the current publican's hard work, being able to offer fantastic food, drink and service whilst being able to develop the trade further.
Private Accommodation
The accommodation is on the first floor above the pub and consists of 4 bedrooms, a lounge and 2 bathrooms, and another room currently used as an officebut this room could be used as a galley kitchen if a table and simple kitchen equipment were added. The decor is to personal preference, and the right publican will probably want to decorate to their personal taste.
Regional Manager's Thoughts
This is a great opportunity for a new publican to continue and develop the great retail offer in place and embrace the current locals and visitors to the pub. This exciting opportunity is waiting for the right person to become the heart of the local community at this popular village pub.
Surrounding Area
The pub is located around 2 miles from the historic town of Newark and is within easy access to many residential, commercial and retail businesses, so plenty of opportunities to attract a varied range of customers to the pub at different trading times of the day. The pub is at the far end of the village and attracts walkers, cyclists and tourists to the only pub in the village.
Upfront cost
£9,795
Cost type:
Upfront
Key facts
Upfront cost
£9,795
Turnover (annual)
£460,446
Rent
£36,000 (annual)
Location
Gainsborough Road, Newark, Nottinghamshire NG24 2NN
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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