The Hearty Goodfellow is a prominent, detached pub situated on a busy main road and is surrounded by lots of residential properties. It is very much at the heart of the local community, with a wet led offer and plenty of regular customers. Stockingford is a suburb of the main market town of Nuneaton which is the largest town in the county of Warwickshire. Known for it's fantastic transport links to nearby Coventry and Birmingham, Nuneaton has become a common settlement for commuters, as well as providing amazing shopping and retail areas for visitors and locals to the area. The village of Stockingford is around two miles out of the town centre of Nuneaton and provides a more tranquil and much less busy lifestyle for its circa 6,000 residents and also a beautiful stopover location for visiting walkers frequenting the nearby Hartshill Hayes Country Park.
Pub Layout
The entrance to the pub is located centre and front of this beautiful and traditional building and leads the way into the main trade space. Internally the Hearty Goodfellow is a large single bar operation with a traditional feel. Mainly with low level seating throughout and a pool/darts area off to the side, the Hearty Goodfellow offers ample space for both seating and playing, There is a large beer garden to the rear with a decked area, outside bar and a car park to the side for around four cars with additional outbuildings for storage.
The private accommodation consists of an office space on the ground floor with four bedrooms, a lounge, kitchen and bathroom upstairs.
Annual Rent: £10,400
Security Deposit: £3,000
Working Capital: £2,000
Stock: £2,500
Business Rates: £Nil. Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes. Please note, this only applies to pubs marked with an Asterix *.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Hearty would suit a range of abilities and experience. The pub could suit a first-timer looking to gain some experience within the tenanted side of pubs, but also make a good short term business opportunity for an experienced licensee to take hold of. This is a community focussed venue that really is the hub of the local area. Community events, an active rhythm of the week and a varied entertainment schedule means this pub really has it all for everyone. The large garden is definitely an asset to this pub and to the local area as it is an opportune space to hold functions events or just provide a great space for families to relax in the summertime, having a safe and enclosed space for children to play.
Due to our Proper Pubs Estate having a current interest in this pub, please note that the pub in only available to be let on a short-term agreement. This in turn allows us to provide you with favourable terms to encourage a profitable short-term business. There may also be a further opportunity to apply for this pub under an Operator Agreement, should the pub transfer over to the Proper Pubs Team in the future.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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