FindMyPub.com
Beer Garden
FindMyPub.com
External Drinking Area
Property details
The pub benefits from being one of many in Nottingham city centre, with a population of over 329,000 and a significant student base of 62,000 across three universities. The customer base is a broad mix of young, midlife and mature adults, from locals to students and visitors. Located on Lower Parliament Street, adjacent to the Victoria Centre shopping complex and close to the Lace Market Conservation Area, the Newmarket is easily accessible by foot, bus or tram, benefiting from strong footfall and city centre activity.
The pub’s trading area and facilities post-refurbishment will be:
- Main trading area with a bar
- Entertainment and live music areas
- HEINEKEN SmartDispense®
- Garden space
- Private accommodation
The private accommodation consists of three double bedrooms, a living room, a kitchen and a bathroom.
FindMyPub.com
Live Entertainment
FindMyPub.com
Experienced Operator
Trading style
Refurbished heritage pub in Nottingham city centre. The Newmarket offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential.
This is a heritage pub dating back to 1929, being restored to blend traditional design with warm, nostalgic touches and modern features. The refurbishment will deliver a high-end, traditional city centre pub designed to attract a wide customer base - from after-work socialisers and couples on date nights, to students, professionals and tourists. F&F may be rented through discussion with the Business Development Manager, subject to approval.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the Newmarket will have extensive experience in high street hospitality businesses. They will have a clear vision for their drinks, entertainment, and atmosphere, and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
-
Reference Number:
8M9JTW / 0050099101
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£16,813.00
-
Annual Rent:
£39,750.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Annual Rent £39,750
Estimated Annual Turnover £539,248
Deposit £9,938
Estimated Fixtures & Fittings Value £28,000
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £51,438
Estimated Minimum Ingoing Costs £16,813
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.