White Lion

47-49 Town Street, Bramcote, Nottingham, Nottinghamshire, NG9 3HH

A CHANCE TO MAKE YOUR MARK

The White Lion at Bramcote is a great local pub, which is well supported by the community. Currently trading at a split of 70/30 in favour of food, the site has excellent foundations but requires a re launch of the existing offer and an improvement of standards. The introduction of more community focused events and activities on a regular basis would help to build the drink trade, whilst maintaining and improving the already good quality food offer. The pub has a great garden and offers a great opportunity during the warmer months. Internally the site is traditionally presented and full of charm. This is a great opportunity for an enthusiastic owner operator to build upon some solid foundations.

Location

Bramcote is a suburban village in the Broxtowe district of Nottinghamshire, between Stapleford and Beeston. A country house to the north of the village became publicly owned and was demolished in 1968. Its grounds became a public area of park and hillside, now known as Bramcote Hills Park. The White Lion benefits from a roadside location with numerous residential housing areas and local amenities close by.

Business Information

Annual rent

£38,000

Weekly rent

£731

Entry costs

£38,875

Turnover royalty

n/a

Forecasted Operator Turnover

£467,399

Forecasted Operator Profit (inc machine profit)

£38,228

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£180

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Standard Tenancy Agreement A fixed 5 year term

Entry costs approximately £38,875.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £20,000 and the final valuation will be confirmed on change day. 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

£9,500

Fixtures & Fittings

£20,000

Legal Admin Fee

£825

Broker Fee

£750

Stocktaking Fee

£150

Working Capital

£6,500

Other Costs

£1,150

Total Entry Costs

£38,875

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 & 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)
2021 151 1,640 3,037
2020 113 1,213 2,686
2019 263 2,834 5,607

The site is a two room operation, with 2 bars. There are approximately 45 food covers internally. Externally there is a good sized rear garden, which is mostly laid to lawn, as well as a patio seating area. The car park offers approximately 25 parking spaces.

Trade Bars

2

Trade Dining Areas

2

Trade Kitchens

1

Trade Food Covers

45

Trade Gardens

1

Trade Patio Areas

1

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

25

Current Premises Licence Opening Hours

Sun-Thu: 05:00-00:30
Fri-Sat: 05:00-01:30

The accommodation comprises 2 bedrooms, kitchen, lounge and bathroom

Private Rooms

6

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

0

Bedsits

0

BDM Portrait

I am seeking an owner operator with some experience of the industry, who can demonstrate excellent sales building skills. The site requires a re launch of the existing food and drink offer and I am keen to speak to enthusiastic operators, with a passion for the industry. If you feel you might fit the bill, then please contact the recruitment team for further information.

Sarah Adams, Business Development Manager

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