Bromley Arms
Main Street, Fiskerton, Southwell, Nottinghamshire, NG25 0UL
ON THE BANKS OF THE RIVER TRENT
The Bromley Arms is a delightful Pub located on the River Trent, in the affluent village of Fiskerton. Despite being highly seasonal the pub is well supported by the local community and trades at ration of 20:80 in favour of food. Great table service, quality food and beverage and cask ale are all key to the offer here and this should be continued and built upon. The pub is well maintained and in good order and really is sat in a delightful location, with picnic benches to the front of the pub, enabling customers to enjoy the scenery on the river banks. Due to the seasonal nature of the business, it is important that any new partner has a good degree of financial acumen to ensure they can maintain a profitable business.
Bar
Function rooms
Kitchen
Patio
Location
Fiskerton is a village in Nottinghamshire, on the west bank of the River Trent about 3 miles southeast of Southwell. The civil parish is Fiskerton cum Morton. The village's location beside the Trent attracts walkers, picnickers and casual visitors in summer and this centres upon the Bromley Arms.
Business Information
Annual rent
£38,700
Weekly rent
£744
Entry costs
£26,300
Turnover royalty
n/a
Forecasted Operator Turnover
£657,241
Forecasted Operator Profit (inc machine profit)
£38,689
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£72
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement. A fixed 5 year term
Entry cost is approximately £26,300.00 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £25,000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period
Deposit
£9,675
Fixtures & Fittings
£6,250
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£7,500
Other Costs
£1,150
Total Entry Costs
£26,300
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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2020 and 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2022 | 166 | 2,009 | 427 |
| 2021 | 108 | 1,772 | 226 |
| 2020 | 76 | 1,399 | 82 |
The trade space consists of 3 rooms serviced by a central bar servery and is very well presented. In addition there is a function room and great outdoor seating by the river.
Trade Bars
1
Trade Dining Areas
3
Trade Kitchens
1
Trade Food Covers
75
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
1
Customer Car Park Spaces
32
Current Premises Licence Opening Hours
Sun-Thu: 05:00-00:30
Fri-Sat: 05:00-01:30
The accommodation comprises 4 bedrooms. lounge, kitchen, bathroom and office.
Private Rooms
9
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
2
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
1
Bedsits
0
I am searching for an experienced food operator who really knows how to make the most of a highly seasonal pub business. Great service and high standards will be needed to continue and build upon the success of the current operators. If this sounds like you, then please contact the recruitment team for further information.
Sarah Adams, Business Development Manager
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