Manor
350 Nottingham Road, Toton, Nottingham, Nottinghamshire, NG9 6EF
A SUBURBAN PUB WITH REAL POTENTIAL.
The Manor at Toton lies on the south western edge of Nottingham. It is a community/destination food pub that has a community/village feel. The site currently trades at a 50/50 sales split and offers real potential to improve the current offer and become the pub of choice in the local area. This can be achieved by improving the current food offer, with a mainstream menu done well, ensuring the food is the best in the local area and building your reputation upon it. Further community interaction would also be of benefit and encouraging local teams playing pool or darts and regular quiz nights would could help improve sales and footfall.
Bar
Function rooms
Kitchen
Patio
Location
Toton is a large village in the Borough of Broxtowe, Nottinghamshire, The Manor is situated 7 miles from Nottingham city centre and close to the M1 motorway, on the main road to Beeston and the University. The pub is surrounded by residential housing in a affluent area.
Business Information
Annual rent
£49,500
Weekly rent
£952
Entry costs
£27,500
Turnover royalty
n/a
Forecasted Operator Turnover
£726,005
Forecasted Operator Profit (inc machine profit)
£53,063
Forecasted Operator Machine Profit
£3,500
Average Beer & Cider Discount*
£108
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement. A fixed 5 year term. The annual rent shown (£49,500 per annum) takes into consideration a machines supply concession. The annual rent will be £53,000 if you prefer not to have Greene King supply machines to you.
Entry cost is approximately £27,500 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
£12,375
Fixtures & Fittings
£6,250
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£6,000
Other Costs
£1,150
Total Entry Costs
£27,500
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 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) |
|---|---|---|---|
| 2023 | 118 | 1 | 5,703 |
| 2022 | 142 | 0 | 6,516 |
| 2021 | 147 | 0 | 8,007 |
The trade space is centered around the single bar servery in a single room. The trade space is separated into two distinct areas, with one that can be used for parties or functions. Externally, there is a large car park and beer garden located to the side of the pub.
Trade Bars
1
Trade Dining Areas
2
Trade Kitchens
1
Trade Food Covers
30
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
30
Current Premises Licence Opening Hours
Mon-Wed: 10:00-01:00
Thu-Sun: 10:00-02:00
The accommodation comprises 3 bedrooms, kitchen and bathroom.
Private Rooms
5
Lounge
0
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
1
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
0
Bedsits
0
The Manor has great potential in an affluent area. I am looking for a new partner who will embrace this pub, be an active part of the community and introduce a rhythm of the week to maximise sales with private parties and community activity. The food offer should to be mainstream but the with the reputation of being the best in the area. Experience here is a must, as the pub has real potential and hard work will be required to take it to where it should be.
Sarah Adams, Business Development Manager
Apply for this property
The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.