Run a Star Pub - Old Volunteer Carlton - Nottingham

Job Details

Pub Overview

Cosy and traditional cask ale pub offering great drinks and community events - with 50% of its cask ales free from brewery ties.

The Old Volunteer in Carlton is renowned for its history and its impressive selection of cask ales, showcasing local breweries. By offering a rotating variety of well-kept ales, the pub brings likeminded residents together, fostering connection and community focus through its local events.

What would you do with this pub to make it even more of a success?

The Area:

The Old Volunteer is in the town of Carlton, a suburb of Nottingham. The pub is close to shops, food and retails outlets and mixed housing.

The area is known for its community feel, with local parks, schools and recreational activities. Carlton also has good transport links to Nottingham city making it popular with commuters.

Demographics:

The pub is one of nine pubs found in an area of around 6,000 adults. Its customer base is diverse, with most residents falling into the medium affluence category and a notable proportion aged 45-64, alongside a mix of younger age groups.

The Offer:

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this wet-led pub lies in maintaining a well thought through real ale and quality drinks offer. With 50% of the cask lines free of tie, there’s real flexibility to shape a distinctive and appealing drinks range. What drinks would you look to implement in the pub?

The site currently could drive trade via live entertainment. It offers a selection of cask ales, popular beers, ciders, wines and spirits.

The pub offers a friendly community environment, with regular events such as quiz night, live music and themed night to engage with the local community.

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

• Understanding of the local community
• You know what it takes to build a successful business
• You love hospitality and are great with customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...

Features

• Foundation Tenancy
  
• Catering Kitchen
  
• Music Venue
  
• Cask Ale
  
• Car Park
  
• Outdoor Trade
  
• Private Accommodation
  

Trading Area & Facilities

• Main trading area with traditional bar
• 68 internal covers
• 40 external covers
• Very small area next to the bar to serve some food
• Patioed outside area
• Car park with 12 spaces

Private Accommodation

Private accommodation consists of three bedrooms, a living room, kitchen, bathroom, and office.

Pub Financials

Pub Financials Icon
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.

Indicative entry costs range from**:

£11,495 - £23,815

Annual

Estimated Annual Turnover

£345,035

Annual Rent

£23,939

Entry Costs

Deposit
**Deposit build up from 1 month rent

£5,985**

Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available

£8,330**

Stock Valuation

£6,000

Working Capital Required

£3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow