Nelson & Railway Hotel
Station Road, Kimberley, Nottinghamshire, NG16 2NR
The Nelson and Railway, is a well established and popular pub found in the historic town Kimberley. Kimberley is a town lying 6 miles northwest of Nottingham along the A610 and together with the neighbouring villages of Giltbrook and Greasley, it has a population of around 6,500 people. The Nelson & Railway is the closest Pub to the very busy Giltbrook Retail park which attracts 1000's of shoppers from all over the East Midlands, the town grew historically as a centre for coal mining, brewing and hosiery manufacturing. The business has a strong regular customer base who enjoy a traditional community pub, offering a great range of drinks and food menu with the benefit of 11 good quality letting rooms. There is ample internal and external space to build on the community roots and with a focus on rooms, food and community activity for our next landlord to grow and expand this business. Greene King are planning to invest in the site with a full internal refurbishment
Business ready for new operator to take this business to the next level, strong sales and loyal customer base.
As you approach the front of the Nelson and Railway you are greeted with 2 well presented garden areas and a single entry door into the Pub. On entering the site you are greeted with 2 choices, you can enjoy a drink in the Bar area or retire to the more relaxed lounge and dining areas. The Pub has a real character and charm about it which comes from its lay out with 4 separate areas that will provide a different experience every time you visit. You can sit in the bustling bar or quietly retire to the small enclosed areas. The toilets are found in the corridor behind the bar and to either end of the building on the upper floors you will find the popular 11 letting rooms. To the rear you will find another external are which provides an area of solace from the busy pub and town centre. There is ample car parking for both customers and hotel residents.
|Car park spaces||20|
|Rooms to let||11|
There is family accommodation found on the first floor of the site
|Annual rent||£54,500 per annum|
|Weekly rent||£1,048.08 per week fixed|
£54,500 per annum, £1,048.08 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £45,450.00 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). Minimum Entry Costs Set at £20,000.00
|Fixtures & fittings||£30,000||Working capital||£8,000|
|Other costs||£0||Total entry cost||£45,450|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Kimberley is a vibrant town found 7 miles from Nottingham City Centre, the area is populated with a mix of families, young professionals and retired folk. Kimberley High Street is a mix of retail outlets, small business and national brands. The Town Centre is used by local people for their day to day shopping and retail experiences. The Nelson & Railway is in a prominent position on the edge of the Town Centre, but is surrounded by housing, close to the M1 and Giltbrook Retail park.