Pubs On The Market v2.0

Nelson Norwich

East of England

122 Nelson Street, Norwich, Norfolk NR2 4DR, UK

The Nelson is situated in a residential suburb to the Northwest of the city just outside the inner ring road and is considered a very traditional wet led venue. The décor is traditional, with a modern touch which creates a warm and relaxed atmosphere and welcomes the surrounding local community with traditional pub games and live sports. The pub has two distinct trading areas, which are divided by a double-sided central bar servery. The bars have a traditional style, fitting with the theme of the pub; one area having a pool table with space for up to 30 covers and the other approximately 50 covers. The Nelson also boasts an outdoor covered beer garden with a patio and spacious lawn, a great selling point during the summer season which has the potential to be very popular. Another great facility of this pub is its outbuildings which may be very useful for storage for the future publican.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Gallery

Everything about the Pub

The pub is located on a prominent spot just outside the inner ring road of Norwich and is surrounded by a mix of local businesses, schools, and residential housing, all within walking distance. The pub is just a seven-minute drive from Norwich city centre, which offers high street retailers and restaurants and just a 10-minute drive from Carrow Road the stadium of Norwich City Football Club.

Private Accomodation

The private accommodation is light and spacious with a good sized lounge, kitchen and three bedrooms.

 

Agreement Fee: £750.00

Cash Float: £500.00

Fixtures & Fittings: £3,000.00

Forecast Turnover: £268,056.00

Full Deposit: £4,375.00

Full Tie Release: £0.00

Guide Rent: £17,500.00

Initial Deposit: £0.00

Repair Fund: £0.00

Stock & Glassware: £3,000.00

Working Capital: £0.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £5,200.00

Forecast Other Turnover: £10,000.00

Forecast Wet Turnover: £262,855.39

Additional Info

Ingoing Cost: £0.00
Annual Cost: £17,500.00

Agreement Type: Beacon Retail Partnership Tenancy

The Nelson is a great community pub that has a loyal customer base from locals and regulars. The pub is also very popular with pub teams who visit the pub for the entertainment and a refreshing drink. I am looking for an experienced publican who will be able to integrate with the local community to understand the key elements to successfully develop the pub to maximise revenue and drive footfall after its recent renovation.

Contact

Contact The Love Your Pub Team:

Contact number: 01329 227488

Contact email address: info@loveyourpub.co.uk

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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.