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A stunning and rarely offered opportunity is avaliable at the Hawthorns pub, located in the popular village of South Normanton. The Hawthorns is a charming and prominent pub, well positioned on the busy main road running through the village directly to Junction 28 of the M1 motorway.
The trade space is made up of two main trade areas; a bar and a lounge. The bar is traditional with a pool table and seating for around 20 people. The lounge is large, spacious and split onto two levels, offering the publican flexibility with seating arrangements with capacity for approximately 60-80 covers. Live music can also be offered in the lounge which has proven popular amongst the regular visitors. To the rear of the pub there is a fully fitted trade kitchen, which is able to cater for the current demand and includes a carvery unit.
To the front of the newly refurbished property is a cosy patio with fixed wooden benches which can accommodate for more covers in the warm summer months. At the rear is a safe and secure grassed garden area with children’s climbing frame. There is a tarmacked car park at both the front and rear with capacity for approximately 30 vehicles.
The private accommodation is located on the first floor of the building and comprises three well sized bedrooms, a lounge, kitchen and bathroom. These are in basic condition and would need some focus to make this area homely.
Agreement Fee: £750.00
Cash Float: £2,500.00
Fixtures & Fittings: £28,000.00
Forecast Turnover: £363,610.20
Full Deposit: £5,625.00
Full Tie Release: £33,500.00
Guide Rent: £22,500.00
Initial Deposit: £0.00
Repair Fund: £2,500.00
Stock & Glassware: £3,000.00
Working Capital: 15000 £33,550.00
Year 1 Rent: £16,000.00
Forecast Dry Turnover: £18,080.15
Forecast Other Turnover: £17,481.81
Forecast Wet Turnover: £328,048.24
This is a great opportunity to continue with the hard work the current publicans have done to develop and re establish this pub as one of the best in the area. There is continued opportunity to develop food and attract not only local trade but passing trade, a stop off point off the M1 and attracting workers from the local industrial estates.
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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