If you are looking to lease a pub in Carrington , Turners is available !
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Lease A Pub In Carrington – Turners Is Available !
The Turners is located on the main thoroughfare into Nottingham from the North of the city on Mansfield Road. This is traditionally a very popular community pub that has attracted a great deal of passing trade due to its location and reputation as one of Nottingham’s great traditional pubs. This one room operation has been refurbished and decorated to an exceptionally high standard, maintaining a traditional feel throughout. The internal trading area can cater for approximately 55 covers with upholstered fixed seating and a mixture of loose tables and chairs, all of which are brand new. The pub has HD wiring and flat screen TVs installed ready to launch a great sports viewing experience for its customers, and a catering kitchen to provide a mid-market food offering, such as traditional pub food, stone baked pizzas burgers or grills. There is certainly enough passing/local trade and the recent program of external decorations along with a full internal refurbishment give Turners enough to attract and retain these customers. To the side of the building is a large enclosed and partially decked beer garden with approximately 20 large benches providing seating for around 120 people. A covered smoking shelter completes the outside space and is a unique selling point in the area and a massive hit in the warmer spring and summer months.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Turner’s is situated on Mansfield Road, the main thoroughfare into Nottingham from the north of the city. The pub is surrounded by residential housing, local independent shops and businesses, a supermarket and a handful of other pubs, bars and restaurants.
Private Accomodation
There is private accommodation located over the first and second floor which is in great condition and decorated to a high standard.
Agreement Fee: £0.00
Cash Float: £2,000.00
Fixtures & Fittings: £15,000.00
Forecast Turnover: £277,283.77
Full Deposit: £4,750.00
Full Tie Release: £42,500.00
Guide Rent: £19,000.00
Initial Deposit: £0.00
Repair Fund: £3,000.00
Stock & Glassware: £3,000.00
Working Capital: £5,000.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £7,559.70
Forecast Other Turnover: £0.00
Forecast Wet Turnover: £269,724.07
Additional Info
Ingoing Cost: £5,000.00
Annual Cost: £19,000.00
Agreement Type: Retail Partnership Tenancy
This is a rare opportunity to take on an already established pub. The pub is fully refurbished throughout and ready to trade in the mid-market arena for both food and drink. I’m looking for a publican who is able to operate a community local and can deliver great standards of food and drink and knows what is required to attract a weekend circuit customer.