The Admiral Rodney is a well-known pub located in Southwell, Nottinghamshire. This charming establishment is named after Admiral George Brydges Rodney, a notable figure in British naval history. The pub offers a cozy and welcoming atmosphere, making it a popular spot for both locals and visitors. The pub is in a fantastic condition with great cosey dining or drinking throughout with around 44 covers along with an enclosed court yard area with seating for 16. The pub also benefits from a fantastic function room /sports bar with seating for around 50 and the pub has great sport viewing throghout the pub. The pub has a fully fitted kitchen, externally there is a patio with seating for around 40 leading to a car park at the rear with approx 20 parking spaces.
The private accomodation is currently positioned on the 2nd floor and has 2 bedrooms, sitting room, bathroom and a kitchen diner. There is also the oportunity to convert some of the rooms on the first floor where there are a number of rooms an office, staff room and staff bathroom.
Fixtures & Fittings: £40,000.00
Working Capital: £49,000.00
Stock & Glassware: £5,000.00
Cash Float: £2,000.00
Turnover Rent: £35,773.46
Turnover Rent %: £3.50
Forecast Wet Turnover: £792,302.74
Forecast Dry Turnover: £223,480.88
Forecast Other Turnover: £0.00
Forecast Turnover: £1,015,783.62
Year 1 Rent: £0.00
Guide Rent: £85,000.00
Initial Deposit: £0.00
Full Deposit: £21,250.00
Full Tie Release: £102,000.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
This is a great opportunity for a publican to continue the great work the current managment team have created. There is already a established turnover with a mixture of food drinkers and function room activities. It will also be important to become part of the local community and continue and develop activities such as quiz nights, theme nights etc.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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MISREPRESENTATION ACT 1967
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