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Old Cross In Nottingham To Let

Nottinghamshire, UK
Asking Price:
£6,000
Turnover:
£314,938
Net Profit:
Available on request

Could you run this pub in Nottingham?

The Old Cross is a traditional wet led pub located at the heart of Stapleford in Nottingham. It has a real community feel with a fantastic sports offer that locals love. It’s well-known as a hub for Nottingham Forest FC supporters as well as the local Stapleford football team, with the pub always busy on match day. The Old Cross has a classic offer with lager being its best seller which accompanied by the showing of all live sporting events through BT & Sky Sports promises guests a truly authentic pub experience.

The Old Cross has an open plan trading area with a wooden paneled bar front and centre that’s surrounded by plenty of seating, with darts and a pool table. As well as this there is a function room which can be booked for special occasions. The pub also boasts an outdoor terrace area which is the perfect place to enjoy a pint in the sunshine with friends. There is a car park adjacent to the pub with spaces for 18 cars.

Refurbishment

We have exciting investment plans to refurbish the pub to enhance its traditional look and feel. As well as this we have plans to create a sheltered outdoor area so that the terrace can be enjoyed all year round.

About the local area

Stapleford is a busy town that lies on the border of Nottinghamshire and Derbyshire. It has a real community feel but is just a stones throw from the cities of Derby and Nottingham. The towns high street has plenty of locally owned shops and places to eat and drink. The Old Cross is located at the centre of Stapleford, allowing it to easily welcome locals through its doors.

Ideal operator

This is the perfect pub opportunity for an experienced, community focused Publican. You will have a passion for the local area which will enable you to form long lasting relationships with the pubs regulars. You will drive the sports offer in the pub and maintain quality in the drinks side of the business.

Accommodation

The domestic accommodation consists of 3 bedrooms, kitchen and a lounge.

Property Information

Property:

Tenancy

Tenancy Terms:

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager.

Tenancy Rent:

£24,513 per annum

Living Accommodation:

The domestic accommodation consists of 3 bedrooms, kitchen and a lounge.

Location:

Old Cross, 26 Church Street, Stapleford, Nottingham, NG9 8DA

Premises Details:

The Old Cross has an open plan trading area with a wooden paneled bar front and centre that’s surrounded by plenty of seating, with darts and a pool table. As well as this there is a function room which can be booked for special occasions. The pub also boasts an outdoor terrace area which is the perfect place to enjoy a pint in the sunshine with friends. There is a car park adjacent to the pub with spaces for 18 cars.

Other Information

Furniture / Fixtures value:
£62

Contact Information

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