Letting Rooms

Nelson & Railway Hotel

Station Road, Kimberley, Nottinghamshire, NG16 2NR

Gallery

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Pub overview

A charming character Pub, needing a new lease of life

The Nelson & Railway Hotel, is a firmly established business, situated just off Main Street in Kimberley. This site, benefits from a bar, dining room and eleven letting rooms. The Pub is full of charm and character and a warm welcome is to be expected. The business has a strong, established customer base and offers a great range of food and drink to the local community as well as those staying in the letting rooms. Externally, there are lovely gardens and space to park approximately twenty cars. The Nelson & Railway is the closest Pub to the popular Giltbrook Retail Park, which attracts thousands of shoppers from all over the East Midlands.

As you approach the front of the Nelson and Railway you are greeted with two well presented garden areas and a single entry door into the Pub. On entering the site you are greeted with two 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 four 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 eleven 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.

Trade space
Bars 1
Car park spaces 20
Dining rooms 1
Food covers30
Gardens 2
Trade kitchens 1
Rooms to let 11
Patio areas 1

There is family accommodation found on the first floor of the site

Private space
Private Rooms8
Lounge1
Double bedrooms3
Private Kitchen1
Bathrooms1
Toilets1

Rent information

Annual rent£54,500 per annum
Weekly rent£1,048.08 per week fixed
Notes

£54,500 per annum, £1,048.08 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £53,375.00 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

Brokers£750Legal£850
Deposit£13,625Stocktaking fees£150
Fixtures & fittings£30,000Working capital£8,000
Other costs£0Total entry cost£53,375

Agreement description

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.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/192814,280
2017/18311474,662
2016/1735964,103
Volume notes

Location

Kimberley is a vibrant town found seven 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.

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Facilities

Trade bar
Car park
Dining area
Pub garden
Trade kitchen
Letting rooms
Trade patio

Current premises licence opening hours

Mon-Sun: 00:01 - 00:00 Sale and Supply of Alcohol Sun- Thurs: 10:00 - 00:00 Fri - Sat - 10:00-01:00

Contact Us

Sarah Adams

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ I am seeking an excellent, community focused operator to take this great Pub to new heights. This established well run business is looking for its next landlord to grow and expand this pub to a new level. There are eleven letting bedrooms and external areas to front and rear of the property perfect for the summer evenings. Internally there is a bar, lounge and dining areas, which are planned to have a full internal refurbishment. If you have the skills required, please do contact the recruitment team ”